DWAC Trump Media & Technology Group to rival Twitter & FacebookBesides the Ideological Investing as a strong push back against the “liberal media consortium” that banned President Trump, Twitter and Facebook retraced from their highs while DWAC was rising.
Trump Media & Technology Group and Digital World Acquisition Corp. DWAC have entered into a definitive merger agreement.
The transaction values TMTG at an initial enterprise value of $875 Million, with a potential valuation of up to $1.7 Billion depending on the performance of the stock price post-business combination.
TRUTH Social will be a competitor to Twitter and Facebook .
TMTG+ will compete with Netflix and Disney+.
TMTG news will compete with CNN and iHeart Radio.
They have also plans for a Tech Stack that includes web hosting (vs Amazon Cloud) and payment processing software (vs PayPal).
Could this be the new Twitter / Facebook platform?
Don`t know if you have seen my comparison here:
or my first call on DWAC:
Looking forward to read your opinion about it!
Facebook (FB)
FB Could the Meta Platforms sell-off be anticipated??Sure, if you followed my signal when ARK Invest started to sell the FB shares:
Or when they started to have competitors:
Q4 earnings below expectations:
Earnings per share: $3.67 vs $3.84 expected
Revenue: $33.67 billion vs $33.4 billion expected
Daily Active Users (DAUs): 1.93 billion vs 1.95 billion expected
Revenue in Q1 expected to be between $27 billion and $29 billion vs $30 billion analysts expectations.
My buy area is around $240.
Looking forward to read your opinion about it.
Buying the FaceBook dipI will take the bet on FaceBook longterm and It’s a gamble as anything is but I don’t see them going anywhere. I don’t have great knowledge that isn’t already known but I know I use some of their products. In fact, almost everyone I know uses something they own..
I also am using a fib extension to predict a future target but also that this sell off may be all in the technical cards.. I’m zooming out and buying the dip.
Not financial advice.
Happy trading..
Facebook/Meta Platforms Analysis 31.01.2022Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities.
If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
I will personally reply to every single comment!
If you enjoyed this analysis, I would definitely appreciate it, if you smash that like button and maybe consider following my channel.
Thank you for watching and I will see you tomorrow!
FB on a 25% decline + expected movements + Strategy.Today, we will look at FB renamed on meta.
Currently, we are on 142 days Draw-Down since the previous ATH and a decline of 25%. From here, we will analyze both bullish and bearish scenarios based on the context we can see now.
Bullish Scenario: The price bounces on the lower trendline of the corrective structure and breaks the inner descending trendline; on a lower timeframe, we look for a corrective structure (1H or 4HS chart), and a new local high after that is the confirmation towards the higher trendline of the corrective pattern
Bearish Scenario: The price breaks the lower trendline of the current corrective pattern, and we observe a bearish movement towards the major support zone at 250.00. That would mean a draw-down of 35%
The key aspect to developing successful setups on any asset is trying to answer these questions:
* What is my current context? We can define it using trendlines, supports, and resistances + Draw-down characteristics, both in terms of time and decline
* Can I find similar situations in the past? Here, it's important to study assets that have a good amount of historical data. We want to find at least 2 situations similar to the current one
*Based on the similar situation I have found, can I see a consistent pattern across them that allows me to trade with a risk to reward ratio equal or higher to 2?
If the answer is YES, we have to define the expected pattern and wait until the market makes the movement we are expecting.
Thanks for reading!
A bol forecast for Meta..!Based on my calculations Fb could go down another 9-13% by the earnings!
Best,
Moshkelgosha
DISCLAIMER
I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA , an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
Can the Market Rally without Apple?
In doing my homework - I've trying to determine whether this market can rally in the weeks ahead?
With a 3 Trillion dollar market cap you need $APPL - As matter of fact if you watch Apple trade you can see the S&P 500 move almost exactly the same. Which never ends well on long enough timeline.
I reduced the number of indicators to keep the chart clean. They all say the exact thing - on daily AAPL is a sell. Five shown. Notice the indecision in the green candles - the regime change is underway.
I'm a fan of market and volume profile but sometimes you need a different eye. APPL can retest the highs even reach an All Time High once more - before pulling the rug.
The trendline right beneath price has been tested 3 times. Line drawn by algo BTW. It will break and most likely return to the trendline before this breakout in October 2021.
This takes AAPL to the mid- $140's - not the end of the world, but a huge impact on US equites.
The indicator on the bottom show there is no strength, moreover not shown its also divergent - but it can stay way for a while on a daily chart.
Draw this trendline on your own charts and keep an eye on it. That said a well placed news bomb will most likely make quick work of this trapping longs. Think Evergrande Sept 2021.
Which is funny - that's in the lows 4300's - and where this market will likely return. Ok 4260 - but I'm not argue about days range.
So we'll if they gamma squeeze this AAPL one more time. One way or another Frazier is going down.
Facebook and Google, Netflix all look weak too and look similar on this chart setup. The only one that breaking up is Tesla (shaking head). However TSLA is a casino ticket not the market.
KEY Levels Reached: Four Tech Stocks To Watch!
Hello,Traders!
We can see from the charts above that
AMAZON, NVIDIA, NETFLIX and FACEBOOK
All fell sharply and have reached strong key support levels
Or even the support clusters as in the case with NFLX and NVDA
So I will be watching these ones closely next week
Becasue IF these levels get broken, then these stocks
Will fall even further down and drag the main indecies with them
However, IF we see pullbacks and reversal patterns
We might be looking to enter into the long positions
From good levels with good discounts!
Like, comment and subscribe to boost your trading!
See other ideas below too!
$FB 2 Possible Scenarios.296 is the last chance for bulls to keep the uptrend for NASDAQ:FB and is the distal line for the recent demand responsible for the last uptrend.
However, 299.50 could be an early sign, if breached then there is a chance to break lower than 296.
Follow, like and share for more updates...
#AHMEDMESBAH
FB Possible H&S Pattern is in PlayBeaish Indications:
1)FB is in downtrend making lower lows and lower Highs.
2)Three Black Crows (3 big red candles).
3)Possibly H&S Pattern is forming.
Bullish Indication:
1)Strong Support 300-294 (Tested 6 times on daily time Frame)
2)Fib 0.61% is also at Support 298
3) Divergence on Rsi
Trade Plan A: (Short if closes below 294)
Entry: 293-290
TP1: 277
TP2:266
SL: 303
Trade Plan B: (Long if sustains support above 294)
Entry: 303-307
TP1: 320
TP2: 332
SL: 293
$FB Key Levels & Analysis & Targets $FB Key Levels & Analysis & Targets
I’m definitely just staring at the 300 level. I have my alerts set… when it hits 300 I’ll be looking to 275
GL, y’all…
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I usually trade both ways, but lately I’ve been focusing more to the downside because of how high the market is. It makes more sense to sell puts right now, and I’m usually at Target 2 or 3.
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I am not your financial advisor, but I will happily answer questions and analyze to the best of my ability but ultimately the risk is on you. Check out my ideas, but also do your own due diligence.
I am not a bull. I am not a bear. I just see what I see in the charts and I don’t pay too much attention to the noise in the news.
If you want me to analyze any stock or ETF just leave me a comment and I’ll do it if I can. (If I have time)
Have fun, y’all!!
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