Meta PlatformsLong
Is Whatsapp playing catch up with Wechat now ?
Updated
Read this article on comparing Wechat (owned by Tencent) and Whatsapp (owned by FB)
First, we read about FB recent foray into India . Read here
and now this move into Indonesia .
Luckily for Wechat which has a huge market share in China and unlucky for FB which was blocked there, we can see FB moving fast these days to play catch up with its Whatsapp services to the Asia pacific markets.
And God bless me, I am invested in both of these great companies and believe the future is bright in the next few decades.
Chart wise, you can see from the line where I draw a pink circle , ie the correction in a bullish trend. That is the place where you want to average in, accumulate or buy for those who are late to this game.
Now , we have another pink circle, do you know what to do ?
First, we read about FB recent foray into India . Read here
and now this move into Indonesia .
Luckily for Wechat which has a huge market share in China and unlucky for FB which was blocked there, we can see FB moving fast these days to play catch up with its Whatsapp services to the Asia pacific markets.
And God bless me, I am invested in both of these great companies and believe the future is bright in the next few decades.
Chart wise, you can see from the line where I draw a pink circle , ie the correction in a bullish trend. That is the place where you want to average in, accumulate or buy for those who are late to this game.
Now , we have another pink circle, do you know what to do ?
Note
Praise Lord, congrats to those who longed at 230, it is now 236, you just made 6 dollars profits easily.....Note
Here, we can see triple support at 224.89 and then it goes up....Note
take some profits and adjust your SLNote
if 248 support level holds, then we can see the next bull leg else , it is going to fall more
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