The shares are entering a strong time of the year. From June 01 through to July 24 the shares have gained eight times in the last nine years. The average return has been +10.82% over the last 09 years with a 104.24% annualised growth rate. Tech stocks have benefitted greatly over the COVID-19 crisis.

Will Facebook shares keep moving higher?

Facebook is an American technology conglomerate based in Menlo Park, California. It was founded by Mark Zuckerberg, along with his fellow roommates and students at Harvard College.

Trade Risks: The main risk to this trade is on a negative risk tone that weighs on US stocks.