Facebook - Technical Analysis

The idea is to hold as prices might keep going down due to the fundamental analysis. More companies might stop advertisements on Facebook (and Twitter).

The idea is to invest always in the trend direction, as the trend is bullish and now the prices are in a retracement stage, the wisest option is to wait to go long again for a long term investment.

Fundamental News:
Unilever pauses Facebook and Twitter advertising for rest of 2020 due to ‘polarized atmosphere’ in U.S.