selling all my stock in FB - Backlash from censorship will come No-one can show clearly that he is stronger and more powerful than the king ! FB and TwTR have just reminded world leaders of the great danger of leaving them unchecked and so powerful with their monopolies.
It is a matter of time but it will come really hard on them all , if not in the US as their supported Biden but around the world it is coming !
Their arrogance will be paid
Facebook Buying opportunity zone🙋♂️ Hello Stocks Community!
Check out my long term analysis on Facebook. In the chart you can see my Buying S/R zones where I am going with long position. Also you can see there Retails Stoploss zones and liquidity zone.
Now is potential go down, but I am not shorting that. I am waiting to my Buy zone or for a new scenario. Will keep you updated!
More information about my trading style:
I am not a pattern trader. My strategy and edge are based on volume zones where I see Big players were trading. When the market comes there, I want to enter a trade. Every day I identify key levels and key zones, then I just wait for the price to come.
Hope it helps,
See you next time!
Is Facebook losing friends?Facebook has been a holding in the portfolio since late November but has been a slow moving loser. The low end of the weekly range (rectangle low 264) was tested today but price responded well. I have been looking for all-time highs but its recent performance has given me doubts. For now we just sit and wait. The company is definitely not getting the love it once did but that can change at anytime. Todays low will be the line in the sand. Below todays low we will cut the position and re-evaluate
Facebook out of steam: Daytrade: Short FB target: $271.88If you like the idea, do not forget to support with a 👍 like and follow.
Leave a comment that is helpful or encouraging. Let's master the markets together.
Hi fellows, just one of my today daytrades:
Nice entry point in supply zone.
------------------------Trade setup ---------------------------
Entry: 276.90
Stop Loss: 278.92
Profit target: 271.88
Time stop: Exit at market close
------------------------------------------------------------------
Here is 4H chart for bigger picture:
GAP CLOSE - ALIBABA stockFundamental analysis for BABA is not good. They are going to be investigated by the Chinese government for abusing of monopoly position on the market. But the GAP on the chart should be closed. So I am expecting a pull-back to $260. Long term position should be considered. It seems to be the same story as FACEBOOK or GOOGLE sued by the US government.
Will Facebook Break the Wedge Pattern?I started to see the wedge pattern on Facebook recently. And it is one of the biggest in recent time.
As I believe the bigger the pattern, the larger it will move up or down (depending on the direction of the trend).
Although in the bigger picture (weekly chart), Facebook is on bullish trend. We should not discount the potential downward movement. The next couple trading days will be crucial to determine Facebook short term trend.
There has been some bad news that putting Facebook shares under pressure. So a breakout of the bottom trend line of the wedge will put Facebook on sideway movement.
However, I am expecting a rebound to continue forming the wedge pattern.
FB 300+Worldwide, there are over 2.74 billion monthly active users (MAUs) as of October 29, 2020. This is a 12 percent increase in Facebook MAUs year-over-year. This is compared to 2.38 billion MAUs for Q1 2019 and 2.38 billion MAUs for December 2019
FACEBOOK MARKET PLACE IS BOOMING
NEW LINKEDIN LIKE FEATURES
THEY OWN INSTAGRAM
YOUTUBE VIDEO LIKE SECTIONS
TIKTOK LIKE SHORT FILMS
MESSGER + FACETIME ABLE
NEW DEVICES SHOULD BE ROLLING OUT SOON
THEY SHOULD BE TACKLING ISSUES AS OTHER EMERGING INDUSTRIES ARE !!
Facebook - Break Out or Down?FTC wants Facebook broken up to create the same level of competition that would have existed without the mergers.
Facebook still has plenty of untapped potential that has Wall Street excited, apart from its cryptocurrency venture.
In August, it began taking on TikTok with the newly launched Instagram Reels. And the long-term effort to monetize the massive WhatsApp user base is just getting started.