Is This The Turning Point For Facebook (fb)?

Discussion in 'Investment Charts' started by Chartman, Mar 20, 2018.

  1. longtermbull

    longtermbull Administrator Staff Member

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    Looks like the recovery in the old favourites is continuing :)

    FB, Apple, Twitter and even Tesla - blind faith or good investment?
     
  2. gowiththeflow

    gowiththeflow Senior Investor

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    I read somewhere that Facebook is taking action against a third party who has allegedly obtained private user information from Facebook. Is this right?
     
  3. longtermbull

    longtermbull Administrator Staff Member

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    The market seems to be turning against social media companies BUT there is that nagging doubt that the info they have on their members might be priceless in the right hands :)

    Very interesting two way pull for investors ;)
     
  4. gowiththeflow

    gowiththeflow Senior Investor

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    The $180/$181 level is important for FB - a fall below that and we could see another sharp sell-off. Just when you think social media businesses are out of favour, up they pop :)
     
  5. Buyonthedips

    Buyonthedips Senior Investor

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    There is growing anger among shareholders and observers regarding Mark Zuckerberg's ultimate control of Facebook. It seems to be "his way or the highway" and many investors are growing tired of this near dictatorship.
     
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