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PhilippeDelpCFA
Mar 11, 2020 3:01 PM

WAIT THE 200 MA ON 5YEARS - THE ONLY FAANG AT THAT LEVEL  Long

Meta Platforms, Inc.NASDAQ

Description

Facebook is the unique FAANG falling to its 200 MA on 5 years !!!!

FB is a great business model and they can monetize even more the 3 b + users for now for exemple you can buy and sell for free on FB so why not capitalising more on this

Plus I believe online payment is on its way

Plus Crypto

Plus I don't believe marketing spendings will collapse quite the opposite to bring back consumers

Anyway just my view so please take care and be nimble in those time

No need be wiped out , stay in the game for the long term.

Comment

Just bought my first dip at 170 as not far from target and will add along the way

Very difficult to precisely catch it at 163 all will depend of the concerted response of government and central bank this week

NVM 170 is good to start with
Comments
TonyTify
I assume the lowest is $155-$160.
saadallah
@TonyTify, may, could be, prop, if, it could be,or might not etc
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