Short
Facebook - Short - Strong Sell - Fibonacci & Wave - Wave 3
$NASDAQ:FBis a STRONG SELL.
Facebook is experiencing Wave Failure with a failed 5th Wave.
$NASDAQ:FB only makes money because you/we let them take our data for free.
Thesis: Users take control over their data; ending Facebook as we know it.
Target: $50
MySpace?
See related idea for further analysis.
Facebook is experiencing Wave Failure with a failed 5th Wave.
$NASDAQ:FB only makes money because you/we let them take our data for free.
Thesis: Users take control over their data; ending Facebook as we know it.
Target: $50
MySpace?
See related idea for further analysis.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.