Facebook (FB)
FB great value with a hiccup!The recent FTC lawsuit is also more than just a potential hiccup. If the FTC gets its way, Facebook would be forced to divest itself of Instagram (purchased in 2012 for $1 billion) and WhatsApp (purchased in 2014 for $19 billion). Even though both acquisitions are tiny compared to the more than $770 billion juggernaut Facebook is today, the FTC claims Facebook got where it is by illegally squashing competitors via takeovers like these. Facebook rightfully argues the FTC itself and the Department of Justice signed off on the acquisitions, but that doesn't mean reversing an old decision is out of the question. There's historical precedence here.
The arguments calling out social media's negative influence on society are ones I can't totally get on board with unless those making these arguments include other media companies. Social media does amplify individual voices, including those that may be less than honest and out to harm others. But an advertising-based business that relies on consumer eyeballs staying glued to a screen isn't new. Traditional media (TV, and radio and newspapers before it) have always had similar issues. Demonizing Facebook without calling out its predecessors in media and their negative impact on society doesn't jibe.
Nevertheless, the pressure mounting on Facebook is real, and the company could look very different in a few years. However, Facebook isn't powerless in forging a path forward.
About those 56 billion reasons to buy...
As mentioned earlier, Facebook has had to shell out tens of billions in recent years to make its social networks more user friendly. However, even in tough times, Facebook is highly profitable. It generated net income of $17.9 billion through the first three quarters of 2020 on revenue of $57.9 billion.
And because of years of dominance in social media, Facebook boasted nearly $56 billion in cash and short-term equivalents, $6.2 billion in equity investments, and zero debt on its books at the end of September 2020. These advantages make this one of the wealthiest organizations on the planet equipped with an enviable war chest from which to seed new growth. Its Oculus virtual reality business and growing aspirations in financial technology and digital payments are just two examples with massive potential.
But what about antitrust risk? In a worst case scenario, Facebook could be forced to sell Instagram and/or WhatsApp. But Facebook is still a dominant force in technology with billions of users globally. And let's not forget that a sale of either subsidiary would potentially equip Facebook with even more cash since both would now be massive social platforms in their own right with hundreds of millions of users.
Then there's the infrastructure behind the scenes that operates Facebook's various social media services. If the lawsuit is successful, what assets (a data center, for example) belong to Facebook and which (if any) get spun off as part of IG or WhatsApp? These are big questions demanding complex answers. But the point is, Facebook would be far from toothless if stripped of Instagram and WhatsApp, and could quickly alter the way it monetizes its massive global operation. Possessing billions of users and sprawling digital assets to support all of those users afford a great many options.
Risks abound and storm clouds keep stubbornly gathering around Facebook, but I remain a buyer for the long haul. I expect this leader in global communications will be around for a very long time.
BABABABA needs back over 231 to consider going long. Over 240 can fill the gap up to 252. BABA under 211 can move lower towards 200.
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.
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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:
$TWTR Long idea.looking to take $TWTR if it decides to head north out of the pattern. the weekly shows old resistance levels being used as new support over the last few days. the trend is your friend!
FB OPTIONS | Another Christmas Present!FB $290 1/15/21 @ $250 AVG
DON'T TRADE, not advice nor a suggestion :)
DCJ
FACEBOOK DAILY CHART FB - Short post one more highFACEBOOK DAILY CHART FB , Strict SL if breaks trendline , Happy Trading..!!!
FB 267 bearish until 250: broken daily support 267 & 200 MA 272FB advanced with vigor with a 5 EW move, until recently it started a corrective ABC move, of which we are in leg C that yet to complete.
It has broken the daily 267 and 200 MA of 272.
Likely test 250, as major support, and the previous gap-up line.
Fundamentally, it is still a great business that yet to peak in earning power but we are in a market that money is chasing Newer and Shiny stories with rapid rotations. The large market is also likely entering a corrective move starting the new year when the delayed profit takers have sheltered their capital gain for 2020. And there is just so much easy profit from the lucky IPOs to absorb for the little guys playing with their real money.
FB After a Long Triangle Consolidation, Moving Higher to 290? FB @270 one of the few mega-cap laggers yet to move is likely ready to move higher based on MACD RSI and a few hints from Candles. More importantly, we are in the mega melting up stage for everything.
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.
possible move for fbthis is all my observation now at fb. market break h4 trendline and sing a bearish tone. and market need to a retrace also.
$FB Look for H&S Throwback retest and possible breakout, low RSI$FB Look for H&S Throwback retest and possible breakout and low RSI
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 !!
#FB - 1D - DEFINITION ZONE.Perfect uptrend since May. Multiple tests over the past few months. 7 to be exact.
Here we are now again. The last session left us with a Doji candlestick pattern just under MA50.
This Sunday, Republican and Democratic party leaders announced that a deal had been reached for a new stimulus check. There are enough votes for a majority approval this Monday on congress. We might spect a bullish day tomorrow for all mayor companies of SP500.
With this tailwind in favor, the price could break MA50 and cross Ichimoku's cloud at the same time. This will could create the propper impulse to break that pennant triangle and reach ATH as the first target.
In this case, we don't have a main support under trendline to act as a safety net. So, I would like to take two approaches:
Conservative Strategy:
- Open position: USD 276. 40
- Stop Loss: USD 269.54
- Price target: USD 304.
- Risk/Reward ratio: +4.6
Risky Strategy:
- Open position: USD 276. 40
- Stop Loss: USD 264.46
- Price target: USD 304.
- Risk/Reward ratio: +2.53
Risk management is always as important as all research and technical analysis we can make. Long-term profitable trading is about been wrong small and right big.
