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A weak recovery..!In the past 3 days, we see higher closes in the market and most tickers have finished the past 3 days greenish! But looking at volume and compare it to the past week's average clearly shows the weakness on the buyer's side! More neutral days could be the most probable scenario in the coming days! AAPL, MSFT, GOOG, AMZN, and FB have seen higher prices at lower volumes..! which is not a bullish sign! Waiting for better entries could be a good choice! DISCLAIMER I’m not a certified financial planner/advisor nor a certified financial analyst nor an economist nor a CPA nor an accountant nor 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.
NASDAQ:MSFT
by Moshkelgosha
12
FACEBOOK: FUNDAMENTAL ANALYSIS + NEXT TARGET PROJECTION 🔔Over the past few weeks, Facebook has been in the headlines for all the wrong reasons. In mid-September, The Wall Street Journal began publishing a series of investigative articles called "The Facebook Files," which criticized the social media giant for its business practices. These publications coincided with the surprise announcement that Facebook Chief Technology Officer Mike Schroepfer, who has held the position for 13 years, would step down next year. Schroepfer will be succeeded by Andrew Bosworth, who is currently head of Facebook's hardware division. Bosworth's appointment raised more questions after an internal memo from 2016 surfaced. In that memo, Bosworth stated that Facebook should continue to connect people even if "someone dies in a terrorist attack coordinated by our tools" or "takes a life by exposing someone to bullies." In early October, Frances Haugen, a former data scientist and product manager for Facebook, identified herself as a whistleblower who provided internal documents to The Wall Street Journal in an interview on "60 Minutes." Those reports prompted a new hearing before the Senate Commerce subcommittee, which began Sept. 30 and led to Haugen's Oct. 5 testimony. On Oct. 4, Facebook, Instagram, WhatsApp, and Oculus went offline for more than six hours, the most serious outage in the company's history. This ongoing string of bad news, along with a broader sell-off in tech stocks, has caused the Facebook stock to fall about 12 percent over the past month. But can these controversies really hold back Facebook's long-term growth? Or have they simply created another buying opportunity for investors who still believe in Facebook's future? The Wall Street Journal claims that Facebook is using a system called "XCheck" to shield its millions of VIP users from the usual enforcement rules, that the company turned a blind eye to how "toxic" Instagram was to teenage girls, and that an algorithm change in 2018 that was designed to increase user engagement led to sharper conflicts for audiences instead. The report also claims that Facebook didn't crack down on posts about illegal activity even after they were flagged by its own employees, that misinformation on its platform prevented many Americans from getting vaccinated, and that the company was trying to engage teenage users well before the recent development of Instagram Kids, which was suspended in late September as the Facebook Files crisis escalated. During an interview on "60 Minutes," Haugen said that whenever Facebook faced a conflict of interest between "what's good for society and what's good for Facebook," it repeatedly "chose to optimize for its own interests, like making more money." The Facebook Files and the Senate hearings alone probably won't be able to stop the growth of the tech giant. However, they could provide new support for the Federal Trade Commission's ( FTC ) crusade to break up the company, as well as an escalation of Apple's attack on Facebook's data processing practices. Last December, the FTC filed a lawsuit against Facebook, alleging that its acquisitions of Instagram and WhatsApp were anti-competitive. That lawsuit was dismissed in June, but in August the FTC filed an amended lawsuit against Facebook, in which it still insists on separating Instagram and WhatsApp. Facebook asked the court to dismiss the new suit in early October, but the Facebook Files situation could tip the scales in the FTC's favor. It could also bolster support for Apple's recent privacy update for iOS, which allows users to opt-out of data-tracking features in all apps. Last quarter, Facebook warned that Apple's iOS update would likely affect the company's growth in the second half of the year. Analysts still expect Facebook's revenue to grow 39 percent this year, thanks to an easy comparison to the initial impact of the pandemic last year but will grow only 20 percent next year as the company faces more regulatory and platform hurdles. Facebook has been hit by a barrage of negative headlines, but investors should remember that the company has already weathered numerous scandals, including the Cambridge Analytica scandal, the Myanmar genocide cases, and the Jan. 6 attack on the U.S. Capitol. Each time, critics have urged people to boycott Facebook. But Facebook continues to grow, with 3.51 billion people monthly using its family of apps (Facebook, Messenger, Instagram, and WhatsApp). Even if the FTC is successful in splitting Facebook into several smaller companies, its investors are likely to get new shares of Instagram and WhatsApp, which could bring much more profit than Facebook's core business. Therefore, Facebook will continue to expand, and the recent controversy will not significantly slow its growth-especially in foreign markets that do not follow the story of the Facebook Files. If you have moral objections to Facebook's business practices, don't buy its stock. But if you think the company is simply in the painful throes of growth, its stock still looks like a bargain at 23 times forward earnings
NASDAQ:METALong
by FOREXN1
1
Will FB Stock Recover From Its Latest Controversy?It is hard to find a positive word about Facebook (NASDAQ FB), possibly for a good reason. As the dominant social media platform, it has experienced its fair share of controversy and accusations of impropriety since its inception in 2004. Controversies that readily come to mind include misusing user data and helping bad-faith actors interfere with US elections. The latter accusation, may be a a little tenuous. nonetheless, I’m firmly in the camp that believes that the world would be better off without the platform existing. It appears that Facebook’s own research may back up this assertion, as revealed by data scientist and former Facebook Product Manager turned Whistleblower, Frances Haugen. Facebook’s latest controversy Haugen left Facebook in May 2021, but not before scanning thousands of pages worth of documents pertaining to internal research the Company had conducted. The research purports to acknowledge the harm that Facebook and its family of apps cause to its youngest user’s mental health, in addition to its use in spreading misinformation. This research was not openly disclosed. Haugen spent Wednesday testifying in front of US congress and called for policymakers to consider regulating Facebook. Since 2018, Haugen argues, Facebook’s algorithm has prioritised a newsfeed that is dangerous, inflammatory, and yields unhealthy side effects. It could be that Haugen’s whistleblowing will strengthen policymakers’ resolve to regulate Facebook. Will the SEC get involved? Haugen has filed eight whistleblower complaints with the Securities and Exchange Commission (SEC). As a publicly listed Company, Facebook owes a duty of care to its investors to disclose information relevant to its performance. Arguably, the results of its internal research should have been disclosed, or at the very least, the Company should not be misleading the public about its progress to combat its harmful offshoots or omitting what its research shows to be true. This is what Haugen’s expose has revealed to the SEC. If the SEC proceeds with opening a case in relation to Haugen’s allegations, FB Stock may experience a material impact. Did FB Stock shrug off another controversy? On the day that the whistleblower story broke, Monday 4 October, FB stock fell 2.77%. Coincidently, Facebook and its family of apps experienced a 7-hour outage on the very same day that may have heightened investors’ concerns about the stock. Although, to put the 2.77% into perspective, it should be noted that FB Stock experienced very similar and frequent drops over the course September without any obvious causes. By the close of Wednesday, at the time of writing, Facebook has almost clawed itself back to its Monday opening price. FB stock rose 1.33% on Tuesday and another 1.18% on Wednesday.
NASDAQ:META
by BlackBull_Markets
WATCHING $FB @ 310 - Key Levels & AnalysisWATCHING $FB @ 310 - Key Levels & Analysis Really I have my eyes on 300… but 310 is where my alerts are set to re-evaluate the situation ———— Red = Resistance Green = Support Blue = trend lines 180 EMA = Purple I am not your financial advisor. Anything can happen… I’m just posting what I see… but the risk is on you if you decide to trade the setup with me. I certainly don’t win them all so be mindful of your position sizes and do your due diligence. I’m happy to answer questions to the best of my ability.
NASDAQ:META
by SPYder_QQQueen_Trading
$FB long from institutional standpoint#facebook #fb $FB is a strong buy right now. Oversold from a technical standpoint and several deviations down from the average price paid, at the bottom of an established channel, rsi and stochastic crossing up out of oversold, macd beneath the 0 line and will potentially close upside within a few days. Only bad news has come out recently meaning it is out of favor in the eyes of retail, which means banks and HF are accumulating more. Good place to get in super cheap from a relative price.
NASDAQ:METALong
by MarketMastered
Facebook Analysis and market directionHello everyone, as we all know the market action discounts everything :) _________________________________Make sure to Like and Follow if you like the idea_________________________________ Facebook Stock took a big hit yesterday after the Technical problem that the company had that caused every website that the company owns to go down (Facebook-Instagram-WhatsApp) the stock dropped from 344.92 to 323.65 . That is a 6.1% drop in one day !! The company has fixed the problem and Mark Zuckerberg Posted on Facebook saying "Facebook, Instagram, WhatsApp, and Messenger are coming back online now. Sorry for the disruption today -- I know how much you rely on our services to stay connected with the people you care about." And Facebook posted saying "Our engineering teams have learned that configuration changes on the backbone routers that coordinate network traffic between our data centers caused issues that interrupted this communication," Technical Analysis with possible Scenarios for the market : Scenario 1 : The stock price right now is trading near the first resistance line located at 333.88 and today Candle was green showing that the stock is finding its ground after the drop. The stock will probably go up and break the first resistance level and will be headed back to where it was a couple of days ago, The major stop for the stock will be the resistance level at 347.12 where the Bulls will have to prove how much power they have for any hope for a Bullish trend. Scenario 2 : The Bears were already building up for a move like this as we can see on the chart for the last one month a Short-Bearish trend has started where the stock price started dropping from the 382.95 range and reaching 338.57 at the end of September. The big battle between the Bulls and the Bears will probably happen at the support level located at 320.64 where the direction of the market will be determined by who wins that battle. Technical Indicators show : 1) The market is below 5 10 20 50 and 100 MA and EMA but still above the 200 MA, EMA which indicates a Bearish movement for the near future but Bullish for the long run. 2) The MACD is below the 0 line indicating that the market is in a Bearish state, With a negative crossover between the MACD line and the Signal line. 3) The STOCH has reached the oversold zone and looks like it's getting ready to go back up again. Daily Support & Resistance points : support Resistance 1) 320.64 1) 333.88 2) 315.05 2) 341.53 3) 307.40 3) 347.12 Weekly Support & Resistance points : support Resistance 1) 335.73 1) 352.73 2) 328.44 2) 362.44 3) 318.73 3) 369.73 Fundamental point of view : Facebook took another pounding in the U.S. Congress on Tuesday and a senator called on federal regulators to investigate accusations by a whistleblower that the company pushed for higher profits while being cavalier about user safety. In an opening statement to a Senate Commerce subcommittee, chair Senator Richard Blumenthal, a Democrat, said that Facebook knew that its products were addictive, like cigarettes. "Tech now faces that big tobacco jaw-dropping moment of truth," he said. He called for Facebook CEO Mark Zuckerberg to testify before the committee, and for the Securities and Exchange Commission and Federal Trade Commission to investigate the social media company. According to Reuters This is my personal opinion done with technical analysis of the market price and research online from Fundamental Analysts and News for The Fundamental point of view, not financial advice. If you have any questions please ask and have a great day !!
NASDAQ:META
by GabiDahduh
FB: Could this be the bottom? Let's see.Hello traders and investors! Let’s see how FB is doing today! First, we see that FB is clearly in a bear trend. There’s nothing that could help FB now, unless we see a clear bullish reaction. As someone who is out of FB, I’m more tempted to buy than to sell, as the risk/reward ratio favors the bulls. If we fill the last gap, it’ll confirm an Exhaustion Gap, and what’s more, the $ 323.18 is an interesting support, and a good place for a reaction, as we can see on the daily chart: There’s a good chance that this could be an Exhaustion Bar, a large bar that appears after a bearish leg, hitting a previous support level, with good volume. Along with the possible Exhaustion Gap in the 1h chart, we can assume that any confirmation of a reversal down here would be an incredible sign to buy. However, we always must wait for confirmation, ok. If I were shorting FB since the $ 385, I would probably book profits now. If you liked this analysis, remember to follow me to keep in touch with my daily updates. Have a good week!
NASDAQ:META
by Nathan_The_Finance_Hydra
3
Facebook, a probable count we might/could have room down !!!Guidelines • Zigzag is a corrective 3 waves structure labelled as ABC • Subdivision of wave A and C is 5 waves, either impulse or diagonal • Wave B can be any corrective structure • Zigzag is a 5-3-5 structure Fibonacci Ratio Relationship • Wave B = 50%, 61.8%, 76.4% or 85.4% of wave A • Wave C = 61.8%, 100%, or 123.6% of wave A • If wave C = 161.8% of wave A, wave C can be a wave 3 of a 5 waves impulse. Thus, one way to label between ABC and impulse is whether the third swing has extension or not
NASDAQ:META
by samitrading
Facebook (FB) UpdatesFacebook (FB) Updates Important pull-back of Facebook in September, which lost 11% from the highs reached on 10th. The return to the 200 moving average, a key level for institutional investors, last touched in March of this year (obviously speaking of timeframe Daily) is happening. Facebook, like Apple, is very closely linked to the Nasdaq and if we analyze the QQQ trend, we can clearly see the almost identical correlation of the last period. Therefore physiological pull-back and linked to a generalized discharge of the Nasdaq. If the price were to reverse before the average, we would have a new uptrend line to take into account. On Facebook, whoever follows me knows, I have a long-term strategy, and every now and then I bring home the profits and then reinvest precisely in the moments of correction. So, in my view, the interesting levels to enter or accumulate are: - 334.70 - 315.70 (the level where I set my accumulation) - 300 (very important level, tested several times as resistance and support, as well as psychological). Always bearing in mind that the simple moving average 200 remains a moving level, as important as the volumes. My position is attached, as always. Happy trading DISCLAIMER: I am not a financial advisor nor a CPA. These posts, videos, and any other contents are for educational and entertainment purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.
NASDAQ:METALong
by LazyBull5
FB POSSIBLE ACCUMULATION DISTRIBUTION, PRICE STUNNED SIDEWAYS!Hello my beauties. It seems like FB has just entered a range. It gave us a PSY (the price hesitated strongly in preparation for a new phase) and it is probably going to fall down to support before giving us further information. It is hard to establish what will happen next as it is too early to make out whether we are in a bullish scenario or bearish, but I thought it could be a nice opportunity for those of you who like trading ranges. If you find this idea to be helpful like, follow, and drop a comment below if you'd want me to analyse a different pair. Consider supporting me if you think I am providing you with value. Peace. Luca, TrickleDownFX
NASDAQ:META
by TrickleDownFX
Warning Signs in Google Price Pattern1- Closing below 50 EMA for 2 consecutive days after 1 year ..! 2- Lower-High Lower -Low pattern: with higher Volume price in down Swings in comparison to positive days and crossing below an important support level. 3- closing below the Uptrend regression channel after 1 Year: 4- This will become more important when you know Google is the champion between Trillion dollar companies in the market..! 5- A breakaway gap occurs when the price gaps above a support or resistance area, like those established during a trading range. When the price breaks out of a well-established trading range via a gap, that is a breakaway gap. A breakaway gap could also occur out of another type of chart pattern, such as a triangle, wedge, cup and handle rounded bottom or top, or head and shoulders pattern. A breakaway gap occurs when the price gaps are above resistance or gaps below support. Support or resistance, in this case, is often associated with a chart pattern, such as a trading range, triangle, wedge, or other patterns. Breakaway gaps often occur early in a trend and show conviction in the new trend direction. Other gap types include runaway, exhaustion, and common gaps. Reference Article: www.investopedia.com www.investopedia.com
NASDAQ:GOOGShort
by Moshkelgosha
1
Facebook, 29 SEP - Elliott waves | Gann | Astrology $FBFacebook appears to unfold in 5 waves to the downside (green count). Gann level 338 provided support during yesterdays selloff. Further upside would indicate that wave (a) is potentially complete and we may prepare ideas to participate in wave (b). Higher entries keep us safe if our assumption is wrong, and they give FB time to further consolidate and improve our probabilities. Should wave (b) unfold, we might target the 50-60% retracement of the previous wave at 366 Gann level (blue box), where the 20 Day MA is located as well. If price declines further, wave v of (a) is not complete yet and we may look at the next Gann level 329 for potential support. Mars continues to form a trine with natal North Node which can be interpreted as problematic, however Mars sextile to natal South Node on 1 OCT at 0.0 orbit adds a bullish element. Correlations: DXY continues its exceptional strength as yield spiked, but Gold and Bitcoin has started to rise again, which could be an early indicator that USD may begin to slow. EURUSD is at support level as well. A declining USD would help the yield-sensitive tech sector to retrace the last selloff. ______________ www.constellations.trade In my analyses I combine Elliott waves, Gann theory, and planetary aspects to identify turning points in the markets & derive high-probability trading ideas. The strategy is to build leveraged exposure when markets are likely to expand, and to use options premium decay for consistent income when markets may contract and range. Open an account here if you'd like to support my work: TastyTrade America's best Options, Futures and Crypto broker start.tastyworks.com Deribit The world's most liquid Bitcoin options platform www.deribit.com Binance 10% off trading fees with this link: accounts.binance.me These abbreviations in the chart describe ideas that are provided as educational information and do not constitute financial advice: STO = sell to open BTC = buy to close BTO = buy to open STC = sell to close TD = Theta Decay (for example a strangle or iron condor) Disclaimer: The views and ideas expressed in this analysis are that of the maker. They are provided as educational information and do not constitute financial or trading advice.
NASDAQ:METALong
by UnknownUnicorn12250317
1
₿ BTCUSDT 1D ₿ : 28.Sep.2021 (Update)Update : Well, as we can see, the price still maintains its X Point support and is in a strong support range ... Currently, the market is in the sideways range and does not follow a specific trend ... we have to wait for the failure of one of the two Levels of support or resistance to create a trend. COINBASE:BTCUSD BINANCE:BTCUSDT ⚠️ This Analysis will be updated ... 👤 Arman Shaban : @Ar_M_An_4 📅 28.Sep.2021 ⚠️(DYOR)
Short
by ArmanShabanTrading
1