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Analaysetrading

Is Face book undervalueLet’s start with fundamentals: 1.Earning for q4 was about 4 % below estimate (33.67 B) but still 20 % higher than same period last year. 2.Totall net income for 2020 was 29.15 B and for 2021(4 quarters) is 39.37 B. Isn’t it wonderful? And FB is trading at 232$ (is equal to the average price of 2020, but with 34% higher net income.) And after all FB is heavily investing in metaverse. This investment reduces net income for the current year and it will gain it back in near future. Now technical: 1.Who bought 181 M of FB shares yesterday and 42 M of shares until 12 PM while the average volume was about 20 M? Yes, big boys 2.look at the chart at weekly period: The important 200 moving average is touched and since 2016 only was touched 2 times, once in Dec2018 and the second was in March 2020 at the beginning of the pandemic. This moving average is an important support. 3.The volume that has been traded in this week is more than the volume in the peak of covid19 decline. 4.You can see the black line is a very strong support. 5.The CCI level is -385 which is the lowest amount from the IPO 6.The RSI level is 23 which is the lowest amount from the IPO. All saying that it will see the real value.
NASDAQ:METALong
by aliahmadieng1362
Is BTC correction at the end of the path ???Hello dear friends Is BTC correction at the end of the path ??? To answer this question, I recommend that we examine the chart carefully and with a little pessimism We see a valid trend line marked in blue and a static support at the Fibonacci level of 0.618 below the price. Also a downtrend line shown in red Well, I think this support is the last valid support to keep the price in the 40K channel, and if the selling pressure continues, the lower target is in the 30K range. Fundamentally, it seems a little unlikely that the price will fall to that range As a result, I think the likelihood of further correction in the current range is greater than further price declines And in case of breaking the downtrend line, this scenario can be greatly strengthened. So we follow the process carefully and intelligently so that we can make profitable business decisions ******Appropriate entry points for supports and resistances according to the chart******* If you like this idea, Please Follow me and do not forget that your likes and comments are very important Thanks dear friends. Be generous and rich.
Long
by EhsanMalekII