BitManagementCapital

A look in to Facebook

Long
NASDAQ:META   Meta Platforms
After a 35% drop, and a big controversy surrounding this company, FB might be at an interesting area to reenter positions in it.
What we are living now, with Facebook, is one of the most interesting experiments of the 21st century, where we are seeing if the individuals are able to accept the lost of privacy and reevaluating the meaning of it. This dip has been the first time the population has debate this subject on a bigger scale, with the adoption of cryptos and the introduction and demand for registering history in a decentralized and immutable manner, we do believe that this topic will be the pillar for the next changes in the social order.

Comment:
First area has been retested, for a quick 7% profit. There is a possibility to retrace back to resistance since we left a gap on our way up. First level of support at 144.
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