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Falling knife πͺ All levels breached. Bear case: Next support level at $50 (S4), followed by very strong support at $0 (S5). Bull case: Continued layoffs every quarter could push the price to $200.
Meta is a company. Facebook is an emotion. My entire Quant Research department is selling.
This π
So are you shorting?
Nah bro, just watching. there are too many gaps above, it could squeeze shorters before falling. Squeezes like the ones last week could follow more layoffs, which could push price temporarily to $200
Put your money where your mouth is and short!
Yes if sleepy wins. No otherwise.
agree. also further layoffs every quarter could push price to $200
Meta to 1K in β25
Reverse split!
Cents make dollars π
You use technical analysis in only day-trading. Technical analysis 100% based on human reactions. If you think people respond the market 1 year later, you are an idiot.
it's arguable whether technical analysis is even useful in day-trading either (I would argue it's not)
Meta up 15% in just two days. It will be over $1000 by Christmas.
Below IPO!
The IPO was way over priced
was it? at some point you have to accept that the market determines value over the relatively long term, and IPO buyers did very well for many many years....
P/E of 5.. ?
E will come down
Why..
"technical analysis" is bullshit, hope that helps
numerology