support line in PNF at 252 and is at 253 currently, slow stochs is 15, but I never bite until they are under 10. 200 is at 246, stronger support low 240's.
Stalking FB, So far it has respected the bullish
Started by
slupert
, Jan 12 2021 01:52 PM
7 replies to this topic
#2
slupert
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Posted 12 January 2021 - 01:53 PM
support line in PNF at 252 and is at 253 currently, slow stochs is 15, but I never bite until they are under 10. 200 is at 246, stronger support low 240's.
or I'll wait for solid reversal day and get long (JMHO)
#3
12SPX
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Posted 12 January 2021 - 02:46 PM
ewwww facebook lol!! Thats like buying twitter....lol!!
#4
slupert
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Posted 13 January 2021 - 11:23 AM
ewwww facebook lol!! Thats like buying twitter....lol!!
I'm familiar with all the risks, it didn't hit my bid this morning, I'll take it if it hits low 240's, when it comes to free cash flow, FB is a bone crushing juggernaut, Facebook Free Cash Flow 2009-2020 | FB | MacroTrends
#5
12SPX
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Posted 13 January 2021 - 12:37 PM
Heard an interesting guy on the radio last night thinking that the big 5 tech companies are going to be crushed as they have over stepped the boundaries of trying to control people and as the other side finds new footholds they will lose more and more people. Then I heard about the inventor of the internet saying he's inventing a new one, gonna be an interesting next few years I think!
#6
tsharp
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Posted 14 January 2021 - 05:42 PM
FWIW, Project Veritas will be exposing a whistleblower on CEO @jack tonight... may not be the time to buy here just yet.
#7
slupert
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Posted 15 January 2021 - 12:03 PM
Back over that critical 252 level, I think more buyers will come in after Wed. (yes I'm talking after Captain Crazy leaves), next week is ahistorically terrible week for the market, so it might dip down again for a nice buy. (JMHO)
#8
12SPX
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Posted 15 January 2021 - 01:20 PM
Wait a sec isn't he just taking office, oh no so thats Captain depressing taking over.
