FB 2 possible scenarios

15 Jan 2021

You see this yellow channel, it is a long term middle price channel. Think of it like a true price of the stock. So we can possibly go up from current levels, or there is a good level at 220 (50 fib retracement and a low bound of the channel). Target is 300 in both cases. Good luck, I would stop below 200, but it is up to you.