Today, tesla breached below the January 2020 level..! I remember many years ago Warren Buffet once said: "Facebook is a fantastic business, but I do not invest in Facebook because I don't know if it exists in 10-15 years". It seems the old guy knows things that others don't, it just needs time to prove how right he is..! Interestingly, all those clowns who...
I believe support is at/ around $219 range, the selloff from $323 to $220 is overdone, second lowest RSI in FB history since IPO, negative stochastics/ macD. Company has a 16 PE and over $60 billion in CASH on hand. Good luck! I would expect a bounce to $240-260 if not higher longer term to fill the gaps.
CEO Mark Zuckerberg is so committed to shifting the company to the metaverse that he changed the company name to it. This in my opinion is a great play. Anytime anyone in the future mentions metaverse they will immediately link the company Meta to the conversation. Enabling Meta’s future as a metaverse centre. Meta’s Oculus and Horizon virtual reality subsidiaries...
If you haven`t shorted FB at my first call, at $337, when Ark Invest started to sell it: or when i warned you about a potential competition threat, at $340: Then you need to know that Meta might have to shut down Facebook and Instagram in Europe, because it could soon find itself unable to transfer data between the US and Europe and so opt to no longer operate...
In case you've been living under the rock, on 3rd of Feb. at the market close FB has fallen instantaniously for 20% and is since then continued to drop. I am not gonna focus on the news even though they did play a role here. Something had to happen somewhere between those large market cap stock and it looks like FB is leading the crash. Just so you know i don't...
If you haven`t bough DWAC at my fist call, before it skyrocketed to $180: Then you should know that Truth Social's app profile page App Store seemed to point to the service launching on Feb. 21: Presidents Day. even though i don`t see a necessarily a correlation between the ride of DWAC and the fall of FB and TWTR, this was a mk cap comparison: I think Donald...
I am seeing post after post here about buy Facebook, why? What am I missing? Oversold, yes, but not oversold enough!!! Support, where other than FIB 1.6 I see $210-220 possible support if not much lower. It should have sold off further Friday but AMZN's bogus numbers threw the market a lifeline, in addition to market makers manipulating price for options...
This is what is mostly expected to happen for IO. (it may also be much sharper as a result of a Short Squeeze, no share for short) Not recommended for Long term BUT it's awesome for Mid term!
Facebook's price has fallen off a cliff and attempting to buy a falling knife dropping this fast is dangerous. In the past, FB has responded well to the 200 week moving average (white moving average) although it tends to fall below it 10-16%. All time frames are certainly bearish, but if history is any indicator, FB may be nearing a bottom. Regardless, it's best...
META is in a bearish momentum since its last top reached on August 2021, the price was heavily rejected by 40.31%. History shows that META's most significant drops range between 14.48% - 44.01%, which fits the current situation where we reject the price by 40.31%. Moreover, price just reached critical support and dropped back by price 2 years back BUT we have to...
Last Thursday at lunch when I checked my phone I had 3 messages from people asking me if I was buying Facebook. Across my social media I saw much of the same chatter, "Facebook can't go lower." Be careful saying things like that. The reality is the price of Facebook NASDAQ:FB has broken key Weekly Supports and could likely continue down to find new ones. I...
Nvidia American multinational technology company, I don't recommend keeping this action in your portfolio
Hi, Meta Platforms slump has attracted quite a lot of interest. Is it a buy, when to buy, why to buy, do I have to buy at all? :) "Why to buy?" - you have to do your homework! I can tell you when to start building your positions if you have decided to invest in Meta. Technically speaking, $170 - $220 is quite a strong area. A lot of criteria match inside the...
06/02/2022 FB gap down last week and supported by 200days MA in weekly chart. Looking at stable support around 210-220 before picking up. May see future drop in the coming week.
I want to show traders examples of a powerful phenomenon for trading price action. This quick price action happens on earnings, major news events, and other catalysts. It happens on stocks, cryptocurrency, futures, and anything that trades! This involves some candlestick analysis but is incredibly simple. Traders can use this to spot reversals and be...
I think the market reaction to the latest results is exaggerated. Facebook have a big portfolio of utilities, users and lots of ways to work with them. Time to start accumulating..
Facebook / Meta possible forming an expanding flat or triangle pattern.. For The Long Term Bull to defeat the Bear. The 198.48 Benchmark possible need to be hold..
Bullish Harami is a candlestick chart indicator suggesting that a bearish trend may be coming to an end. Please note, I do understand this sounds counterintuitive since RSI is 24.64 at this time. Please let me know your thoughts. Thanks, Kelly :)