You know I have been Bearish on Facebook as it has had a puke pattern setup since the “Pro Gap down” in earnings as you can see from a mile away on any chart.
And now look at this resolving weekly candle.
Facebook Weekly
If there was ever a time to invest in FACEBOOK in the last 3 years it is now. If you truly believe in this company and this is a long term investment you buy this now and start averaging in if it goes down.
This is the most substantial pullback FB has had on a weekly basis since the gap and go st $30. The institutions have unloaded and Facebook is bouncing here for sure. I am not buying it here, but I also don’t hold long term in any stock really. But for everyone who is in the Buy and Hold camp of investing, Carpe Diem here.
Published by Hey I'm Snuffles
on
Maybe it's going down because of this?
https://www.businessinsider.com/facebook-asks-parliament-to-keep-quiet-on-seized-internal-documents-2018-11
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Oh 100% this thing topped at 220 because of everything that has come out over the past 8 weeks (market has a knack for pricing in things that come out in the future)...this is only an Investment opportunity to hold for 10-20 years to come if you believe in the company this is the Monthly Buy spot for the future...haven’t had one since it IPOed. (I hate Facebook so i will not be investing, i invest in crypto :) however many of my Fintwit followers trade stocks and of course my followers don’t know crypto mucho lol)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
The risk-reward scenario is certainly as good as it's been in years.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Hi @heyimsnuffles!
Your post was upvoted by @steem-ua, new Steem dApp, using UserAuthority for algorithmic post curation!
Your UA account score is currently 3.426 which ranks you at #6855 across all Steem accounts.
Your rank has improved 359 places in the last three days (old rank 7214).
In our last Algorithmic Curation Round, consisting of 189 contributions, your post is ranked at #22.
Evaluation of your UA score:
Feel free to join our @steem-ua Discord server
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit