TradingView
FinanceHulligan
Jul 9, 2018 1:05 PM

DEAD CROSS IN FACEBOOK IS STILL VALID Short

Meta Platforms, Inc.NASDAQ

Description

FACEBOOK STILL MOVES AS THE BOOK - DEAD CROSS IS STILL VALID

NOW IS THE RIGHT TIME TO GO SHORT

Why, the share is way to expensive, ads is way to expensive (, companies will not be able to afford advertising to the same extent as before during the trade-worldwar.

Frankly, do you remember any of the 1000's of advertising banners shown to you? It's a mystery that somebody pays for it at all.
Comments
FinanceHulligan
Smabolaf
~230 and then we will see how to proceed. :)
FinanceHulligan
@Smabolaf, LoL Privacy concerns take toll on Facebook as stock sinks on revenue miss :-)

reuters.com/article/us-facebook-results/facebook-misses-estimates-on-monthly-active-users-idUSKBN1KF2U5

Advertising and movies will be free, they soon lack earning ability. U rembember Enron?
FinanceHulligan
@Smabolaf, $166.42* -48.25 -22.48%


there is nothing that prevents a share when it falls freely :-)
FinanceHulligan
@Smabolaf, Facebook's Growth Will Continue To Slide: CFO

It will only get worse

bloomberg.com/news/videos/2018-07-26/facebook-s-growth-will-continue-to-slide-cfo-video

FinanceHulligan
@Smabolaf, ops...

Facebook's grim forecast: privacy push will erode profits for years


reuters.com/article/us-facebook-results/facebook-misses-estimates-on-monthly-active-users-idUSKBN1KF2U5
FinanceHulligan
@Smabolaf, $171.605


Will soon try the resistance att $100


..unclear if it will hold.
FinanceHulligan
@Smabolaf, Ops..

Facebook Insiders Have Sold $4 Billion of Shares Since Scandal

bloomberg.com/news/articles/2018-07-26/facebook-insiders-have-sold-4-billion-of-shares-since-scandal


leaked about personal relationships with foreign state power and now this.. there is no trust.
FinanceHulligan
More