Ramki Ramakrishnan, Elliott Wave specialist, suggests a possible retest of the $200 level, but After we move to between $233 and $260. more...
Despite beating analyst expectations, Facebook shares plummeted after it revealed a drastic rise in expenses in its fourth quarter earnings—as experts warn that mounting regulatory scrutiny and decelerating revenue growth could continue to negatively impact the stock. more...
Facebook (FB) was off to a good start in 2019 even before it reported Q4 earnings last week and then jumped over 10% after beating expectations on revenues, earnings and monthly active users. Tony Mitchell, one of my managers, first bought Facebook at $16. At today's price of $169, Tony is still not selling because he sees more upside. Although Facebook is now up 22% year to date, it is still 24% off of its 52-week high of $218.62. ...
The Facebook monthly price chart breaks the uptrend line from 2013 and other issues. The company and its CEO, Mark Zuckerberg, are under fire lately after a New York Times investigation reported that Facebook shared tons of users' personal data with many other companies including Microsoft, Netflix and Amazon. The downtrend for the stock has been relentlessly intact since the late July gap down from $215 to $150. Attempted ...
With the Nasdaq Composite index breaking through the 6,000 milestone for the first time and the Dow Jones Industrial Average regaining territory above 21,000, does this market exuberance represent a new ‘dotcom-style’ bubble or a tech revolution? And, what should investors consider now. Amazon, Apple, Facebook, Google and Microsoft, which combined account for something a tenth of US market capitalization and keep notching up one record ...
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