Facebook bullish ER runup planNYSE:TWTR NYSE:PINS NASDAQ:FB Facebook is currently looking GREAT for a rally. It is currently bouncing off 200 EMA (very strong support), at .236 fib level (bounce region?), potentially breaking out of the bull flag pattern, 6 oscillator bullish divergence, AND Earnings on Wednesday? I smell GREAT chances for a rally especially with a lot of other Tech and social media stocks having earnings this week. This should be a great week for social media stocks like Facebook and tech stocks in general. Currently in a squeeze but I am expecting that we are flying on release. Planning on buying a few calls on monday, and playing the ER run up. Good luck to anyone thinking about hopping in! Lets make some money!! If you liked this, follow me on twitter to see all my new TA @greg_trades_
Facebook (FB)
SHORT FB TO 280Rejected top of yearly trendline, volume has been severely falling off, also was extremely overbought on the RSI.
I could see a deep retracement back down to where it broke out of its triangle around 277-280.
I am currently holding 4/30 300p and 5/21 285p
Let me know what you think! Thank you
$NIO TO $50+ 🚀$NIO broke out our triangle confirming a BULLISH regersal trend. If you want in.... I suggest to buy in before earnings May 1st. We can see some crazy prices/run up into the newest delivery numbers set to be announced. I am bullish on this trade set up, a price trend over $40 can easily confirm a solid run to $50+. Keep $NIO stock on your watchlist this week and the next 🚀
Bearish due to inverse HS forming on the hourlyNYSE:TWTR Twitter has broken out of the pitchfork with bearish confirmation and is headed down in a downtrend. Price has crossed below the 200 TEMA and is approaching and testing S1 at 65.60, if it is able to get through, It will head to the neckline to return to the pattern at $61.30
Facebook Bullish IdeaThe analysis is as follows
It appears that we are in wave 5 of a greater trend move.
This is confirmed by the fact that we have just broken out of a triangle, and according to Elliott wave principles, the triangle always and only precedes the last move of the greater trend.
In addition to being the wave 5 of the greater trend, within the wave 5 we are in wave 3, of 3, of the wave 5. As a result, I expect to see facebook go up much higher in the near future.
I believe we are in the wave 3 of 3, since the recent move from march 25th to april 8th was a clear impulsive move. In addition to this, the wave before that was also a clear impulse. The reason I am not labeling this as 1-2-3, is because the wave 3 would be incredibly short in time and price. I highly doubt this is the case, since if it were, the wave 5 would have to be ending very soon, and for the wave 5 to end with such little price moves and so quickly, it just isn't realistic.
Since both of these moves are contained within parallel lines, I am looking for a big move up, to breakout, and confirm that we are in the wave 3 of 3.
I would be concerned about my wavecount, if the price continued to fall below 298.
Target for the wave 3 of 3 is the 1.65 which is around 345-350.
The next target is the 2.00 which happens to be the 1.65 projection off of the greater wave 1.
I am anticipating that his move will be made very swiftly since it is a wave 3 of 3.
What Is a Bubble?A comparison between Apple, Microsoft, Amazon, Google, Facebook, and Tesla in the past decade.
Top chart: last 10 years
Bottom chart: last trading year
A bubble is an economic cycle that is characterized by the rapid escalation of market value, particularly in the price of assets. This fast inflation is followed by a quick decrease in value or a contraction, which is sometimes referred to as a "crash" or a "bubble burst."
Typically, a bubble is created by a surge in asset prices that is driven by exuberant market behavior. During a bubble, assets typically trade at a price, or within a price range, that greatly exceeds the asset's intrinsic value (the price does not align with the fundamentals of the asset).
The cause of bubbles is disputed by economists; some economists even disagree that bubbles occur at all (on the basis that asset prices frequently deviate from their intrinsic value). However, bubbles are usually only identified and studied in retrospect, after a massive drop in prices occurs.
At the end of a bubble, resources are moved again, causing prices to deflate.
(Investopedia)
How could fundamental analysis explain this phenomenon?
Tesla's stock price has approximately outperformed more than 5x of Amazon, 11x of Apple, 15x of Microsoft, 16x of Facebook, and 30x of Google in the past 10 years.
It becomes more interesting if we look at the total annual revenue and net income of these companies..!
While Tesla had 31.53 Billion revenue and 690 million net income in 2020, in the very same timeframe, Apple had 274.15 Billion in revenue (9x of Tesla) and 57.41 billion net income (83x of Tesla), Microsoft had 143.01 B in revenue and 44.28 B net income (4.5x, 64x of Tesla), Amazon had 386.06 B in revenue and 21.33 B net income (+12x, 31x of Tesla ), Google had 182.35 B in revenue and 40.27 B net income( 5.8x and 58.36 Of Tesla) and Facebook had 86 B in revenue and 29.15 B net income( 2.7x and 42x of Tesla).
Based on the information provided, you can judge if Tesla is experiencing a bubble or not??? to answer this question, you should divide Tesla's stock price behavior from 2011 to May 2019, and what happened after that.
Moshkelgosha
Tech Stocks & General Market Weekly BreakdownHey guys, in this video we're gonna break down the bigger timeframe where I'm going to skim through a lot of tech stocks on my S&P500 ticker list.
Going through:
AMZN
ABNB
ADBE
ARKK
BABA
FB
FVRR
DASH
GOOGL
LMND
NFLX
MSFT
PYPL
PLTR
UBER
LYFT
among others. You can let me know what you're watching or post your questions underneath.
FB Stock 10/04/21 Analysis 4H Chart- Trend Analysis -
📑Value: 6/20
📈Growth: 16/20
💰Profitability 20/20
🚀Momentum: 18/20
💸Earnings: 16/20
🖇️Total Score: 76/100
Data:
Volume 15.98M
Average Volume (3 months) 21.17M
Previous Close $313.02
Open $311.52
Shares Outstanding 2.41B
Technicals:
( Simple Moving Average )
10D SMA $297.51 (+5.03%)
50D SMA $274.65 (+13.77%)
200D SMA $266.95 (+17.05%)
Market Cap $891.38B
Total Debt $11.18B
Cash $61.95B
Enterprise Value $840.60B
Revenue $85.97B
Gross Profit $69.28B
Net Income $29.15B
EPS Diluted $10.09
Free Cash Flow / Share $8.29
Long TWTR, 1st Target $70 Monopoly and better Monetization PCS is preferred and also long shares sell some out-of-money-covered calls.
the lower study just turned and has much room to go up.
Compared to the market in large, TWTR is very cheap and has better growth prospects than most, hence a compelling risk-reward play.