If you are a investor in Facebook you should feel at ease with how the company is operating. Today Cheryl Sandberg performed a perfect show in front of they cameras, as they media tried to trip her up, she tied them in Knots. What has been a terrible few months for Facebook, as a deluge of controversy seemed to hinder their ever move, the stock just keeps...
Faang composite and my prediction for the next couple of years. White line is projected price action, which I believe will be controlled by Algo trading bots.
Dear Friends!
You know one thing is for sure: As long as you follow D4s advice, it will not go wrong. I told you to SHORT Facebook, and down we went. We will fall even lower, my dear friends.
Yes, we have found support on the 200 EMA and MA, but it's just a matter of time before we will make a big bear flag and drop even more. FAANG stock leader FB, will soon...
I am looking to short Facebook this week, Personally I do not like the software and the company is under constant complaints, and now Trump is tweeting negatively about it. I see price has hit a resistance level, I'll have to see where the pivots adjust next week, the RSI is overbought on the daily, MACD divergence present. Within this distribution phase, there...
Facebook has had an amazing run till now. Its clearly hanging down waiting for a free fall. The top will be confirmed depending on this week's close. Short !
RSI headed towards over sold. Possible descending wedge. MACD on multiple lower time frames looking primed to invert into positive territory. Could lead to breaking the wedge. No targets right now just watching for the MACD to align right for max gains. Expecting alignment for entry by Thursday barring some ridiculous tweet.
Speculative information. Dont listen to me.
Check out the trendlines where it bounced. As long as this stock can hold serve above 180 it should be 200 before June opex IMO. Silly that it (and GOOG/NFLX) sold off as a result of this tariff war in the first place. I'm buying the dip on XLC and all the aforementioned stocks.
Facebook, Inc. is focused on building products that enable people to connect and share through mobile devices, personal computers and other surfaces. The Company's products include Facebook, Instagram, Messenger, WhatsApp and Oculus. Facebook enables people to connect, share, discover and communicate with each other on mobile devices and personal computers. Instagram enables people to take photos or videos, customize them with filter effects, and share them with friends and followers in a photo feed or send them directly to friends. Messenger allows communicating with people and businesses alike across a range of platforms and devices. WhatsApp Messenger is a messaging application that is used by people around the world and is available on a range of mobile platforms. Its Oculus virtual reality technology and content platform offers products that allow people to enter an interactive environment to play games, consume content and connect with others.
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