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The end of social media as we knew it. Not too soon.The mass exodus has begun. Social media getting blocked left and right, users fleeing towards alternatives, foreign countries building their own platforms. The monopoly is over. The collapse will be apocalyptic. Any increase in price is a sucker rally and a short entry. Twitter and Facebook in particular will be hit very hard. The US government might also give them the Standard Oil treatment. China got its social media, Russia got its (maybe they recreate some sort of Soviet Union?), Europe was officially on the US side because the snobs were but now the snobs are pulling away so perhaps they develop their own. France university liberals started a campaign to "decolonize" the country from US racial ideas, I don't know how big it is yet. They said that it was a fad with marxist roots, where "proletariat exploitation by rich owners" was replaced with "oppression of blacks by whites" (took them a while to figure it out) and people (especially young impressionable people) were mindlessly repeating what they saw on social media (herd mentality). After Trump was banned, Angela Merkel criticized the tech giants, France too. Poland is making laws to prevent them from censoring people (if they do nothing illegal) with a big fine for non-respect. Some companies said "bans were not enough" and want to remove some people from the internet completely, for example Mozilla wants to block people via the navigator. The insane fascist-communist US might go along, but obviously the whole world will not agree. The novelty effect is over, this is 2021, making a website is not that hard. Other countries can do it. Specialised/niche sites can pop out. Other companies can do some of what TWTR does better. And there can be some "apps" that link it all together. They're going to zero, just like myspace 🤗
NASDAQ:METAShort
by MrRenev
8
Facebook - investment stock ideaFacebook is a company that needs no introduction. Against the backdrop of negative news, there was a fall, but now the price has reached the daily resistance + the strongest deviation from almost all TFs up to 12h. Also, the news background is already improving. The probability of further falling is extremely low, besides there is a reaction from the support zone. Entrance zone 245-250. Cancellation of the scenario - price go below 235. Potential profit 4-8% minimum. Investment for at least 2-3 weeks. Operations in financial markets can bring both large potential profits and are associated with potential risks associated, among other things, with the effect of leverage and high volatility of instruments used in trading in financial markets. The provided forecast is a subjective analytical assessment of the situation in the financial market and in no way is it a recommendation for opening deals, investing and developing your own trading strategy.
NASDAQ:METALong
by DzenTrader
1
FaceBook Is Looking For A Lower Support LevelHello traders and investors! Today we will talk about single stock FaceBook in which we see quite clear Elliott Wave pattern. If you are familiar with Elliott Waves, then you know that after every five waves, a three-wave a-b-c pullback follows. Well, as you can see FB made nice and clean five waves up from March lows and currently seems like it's trading in an a-b-c correction where wave "c" is still missing, so be aware of that wave "c" drop that can send the price back to ideal previous wave "iv" swing lows, golden 61,8% Fibonacci retracement and 205 support level and later then we can expect another bull-run, but only if we get strong and impulsive bounce down there. Be humble and trade smart! If you like what we do, then please like and share our idea! Disclosure: Please be informed that information we provide is NOT a trading recommendation or investment advice. All of our work is for educational purposes only.
NASDAQ:META
by ew-forecast
1
Facebook - Best Place to Buy Welcome! What's up traders! Thanks for Jumping back on my Analysis, 👨💻 Trader champ is here behind the charts, Hit the thumbs up 👍 and support the work Follow the trade plans and notes. Sketch up your own trade setup and make sure you meet with the required confirmations first, before you make your move! ________________________________________________ Traders Disclaimer: Non of our analysis or trade setups which is shared here on trading view is a trading advice. As we keep on weekly updates with our predictions and expectations. We may take them as a trades only if trade setups meets the required criteria ( Confirmations ). We will never make a move or look back if trade setup invalidates with price action or future economical movements. Understanding the markets is the key behind all success stories. So never miscalculate under estimate anything which is out of your bounds. Take them at your own risk as trading is highly risky and you may loss your investments.
NASDAQ:METALong
by Profitlio_Trading
1