Want to know the current price of Facebook and what’s next for FB shares? On this page, we share the latest Facebook news and share buying tips. You can also view the latest Facebook Forecast for 2022 and 2023 from our experts.
Should you buy or sell Facebook shares today? To what levels can the shares of this company rise in a year, two, three? How much will Facebook papers cost in 2021, 2022, 2023? We have been making currency rate forecasts for a long time, and we can also predict the behavior of the stock market using technical analysis and simple indicators.
We also take into account the technical, fundamental analysis of stocks, the news background, the general geopolitical situation in the world and other, smaller factors. The stock forecasts indicate target levels for FB stock, both up and down.
Facebook Forecast for 2022 and 2023
Facebook quotes continue to move as part of strong growth since May 2021. The moving averages indicate that there is a short-term bullish trend in FB stock. Prices regularly test the area between the signal lines and go up, which indicates pressure from buyers of securities and a likely continuation of the rise in the near future. At the time of publication of the forecast, the value of Facebook shares is 382.05 per share. As part of the forecast, we should expect an attempt to develop a small correction and a test of the support level near the area of 335.05. Further, the price bounces up and the continued rise in the value of securities. The potential target of such a movement in shares is the area above the level of 480.55 already in 2021, 2022, 2023.
An additional signal in favor of the growth of Facebook quotes will be a test of the trend line on the relative strength index (RSI), now there is a rebound from the resistance area, so buying shares looks very risky. The second signal will be a rebound from the lower border of the rising channel. Cancellation of the option of raising the quotes of the value of Facebook’s shares will be a fall and a breakdown of the level of 310.05. This will indicate a breakdown of the support area, in which case we can consider the continuation of the decline in securities to the area at the level of 240.05. It is worth waiting for confirmation of the rise in shares with a breakdown of the resistance area and closing above the level of 400.05.
Facebook Forecast for 2022 and 2023 suggests an attempt to develop a decline and test the support area near the level of 335.05. Where should we expect a rebound and an attempt to continue the rise of shares in the area above the level of 480.55. In favor of the growth of securities, a test of the trend line on the relative strength index (RSI) will come out. Cancellation of the FB rise option will be a fall and a breakdown of the level of 310.05. This will indicate a breakdown of the lower border of the channel and a continuation of the fall in value to the area below the level of 240.05.
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