META support level between lines. Long term is must be long.
Facebook has seen is best days for now. I think with the new sanctions on FAANG coming, these stocks will draw back, and NDQ will follow. They aren't "done" but they will be forced to divest from one another so the adjustments will cause some dipping, and then from there, further climbs. The stock is not going anywhere, but portfolio adjustment always causes...
Facebook/ Meta or whatever the heck you want to call it now is about to be a penny stock!
Well this seems like a no brainer but if we test when has this happened in an NDX constituient 👇 From 2006 to present => this has happened: 30x and the times it has happened 84% of the times there was an average move of -4% in the stock. Is this an alert: NO, just a word of caution.
Are you buying, or are you selling?
Besides the Ideological Investing as a strong push back against the “liberal media consortium” that banned President Trump, Twitter and Facebook retraced from their highs while DWAC was rising. Trump Media & Technology Group and Digital World Acquisition Corp. DWAC have entered into a definitive merger agreement. The transaction values TMTG at an initial...
Sure, if you followed my signal when ARK Invest started to sell the FB shares: Or when they started to have competitors: Q4 earnings below expectations: Earnings per share: $3.67 vs $3.84 expected Revenue: $33.67 billion vs $33.4 billion expected Daily Active Users (DAUs): 1.93 billion vs 1.95 billion expected Revenue in Q1 expected to be between $27 billion...
I will take the bet on FaceBook longterm and It’s a gamble as anything is but I don’t see them going anywhere. I don’t have great knowledge that isn’t already known but I know I use some of their products. In fact, almost everyone I know uses something they own.. I also am using a fib extension to predict a future target but also that this sell off may be all in...
Based on the price action, it seems appropriate to downgrade to 250. :)
Just a possibility for a head and shoulders setup. Support in the $240 - $250 range. If the neckline breaks, potential targets below.
$FB had a bad earning report. Looking for $FB to gap fill around the $235 demand zone where it might get some bids
Hello Traders, welcome to this free and educational analysis. I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities. If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below. I will personally reply to every single...
Invesco I don't recommend keeping this action in your portfolio short
Today, we will look at FB renamed on meta. Currently, we are on 142 days Draw-Down since the previous ATH and a decline of 25%. From here, we will analyze both bullish and bearish scenarios based on the context we can see now. Bullish Scenario: The price bounces on the lower trendline of the corrective structure and breaks the inner descending trendline; on...
Despite the company's attempts to join the latest trends (Metaverse, NFT etc.) , the trend is still down.
All depends on current weekly close for NASDAQ:FB to test +350, price today has reacted out of a cluster of significant wedges, keeping price bouncing in current newly made channel. Follow and like for more updates.. #AMEDMESBAH