Target: $375 Whiplash Bear Shakeout
Looks like facebook is turning the corner. The key here is to look at the numbers and the bottom line and ignore the negative news.
It is a cash machine that owns the world's communication --
Whatsapp
Instagram
Facebook
Facebook Groups will eventually be monetized
Facebook groups that go into the 'metaverse' and can do virtual meetings, gatherings, and activities is definitely a route they will go towards.
Also share buybacks
35%+ YoY growth
Resistance at 200d MA
Possibility of releasing their own version of a crypto currency and the ability to pay people through whats app and messenger
Looks like facebook is turning the corner. The key here is to look at the numbers and the bottom line and ignore the negative news.
It is a cash machine that owns the world's communication --
Facebook Groups will eventually be monetized
Facebook groups that go into the 'metaverse' and can do virtual meetings, gatherings, and activities is definitely a route they will go towards.
Also share buybacks
35%+ YoY growth
Resistance at 200d MA
Possibility of releasing their own version of a crypto currency and the ability to pay people through whats app and messenger