Meta Platforms, formerly known as Facebook, reported its 21Q4 today after market hours.
FB ended the AH trading at $249.05, down 22.89%.
Not far away below that price there are two long term moving average lines that the stock previously respected as support lines:
- The 250 week EMA (currently at 230.31), respected by the price bar/candle body since February 2017.
- The 296 week EMA (currently at 214.69), respected by the price bar/candle wick since January 2018.
Buyers of FB stock may be waiting along these lines.