Facebook Inc (NASDAQ:FB) Murder, Death, Terrorism, And Now Revenge Porn

Facebook Inc (NASDAQ:FB) Murder, Death, Terrorism, And Now Revenge Porn

Facebook Inc (NASDAQ:FB) Murder, Death, Terrorism, And Now Revenge Porn

  • A 6-year-old boy from St. Louis has had enough of the violence.

“People need to stop killing each other around here because this is just making me feel bad,” said Jeffrey Laney.

Jeffrey Laney’s plea to put an end to social media violence has now gone viral on Facebook.

The four-minute video of Jeffrey pouring his heart out about the gun violence that’s grabbed hold of his hometown was posted to his mom’s Facebook account on Monday.

  • Facebook CEO Mark Zuckerberg, with a nearly religious zeal, has said for years his mission is “making the world more open and connected.”

But in the last few weeks, that more open and connected world has led to headlines about violence, murder and, most recently, revenge porn shared on his social network.

Over the weekend and on Monday, a pair of stories from The Guardian delved into how Facebook handles illicit content on its site. One story detailed Facebook’s manual for moderators who review posts flagged as objectionable. The manual gives specific examples of what’s OK and what’s not. For instance, photos of animal abuse or bullying of children can reportedly be shared, while calling for an assassination cannot.

Another story on Monday said Facebook saw 54,000 cases of potential revenge porn in just a single month.

Facebook doesn’t get specific about how many flagged items it reviews a week, but the company has said it’s “millions.”

In the last year, the social network has been criticized for the rise of fake news, which detractors argue tipped the scales in the US election toward President Donald Trump.

“The hard part is balancing the goal of being a social media platform — letting people communicate with each other in a wide variety of ways — without poisoning the well,” said Larry Downes, project director at the Georgetown Center for Business and Public Policy.

Facebook says the biggest “hurdle” is understanding the context of different posts.

Facebook, Inc. is focused on building products that enable people to connect and share through mobile devices, personal computers and other surfaces. The Company’s products include Facebook, Instagram, Messenger, WhatsApp and Oculus. Facebook enables people to connect, share, discover and communicate with each other on mobile devices and personal computers. Instagram enables people to take photos or videos, customize them with filter effects, and share them with friends and followers in a photo feed or send them directly to friends. Messenger allows communicating with people and businesses alike across a range of platforms and devices. WhatsApp Messenger is a messaging application that is used by people around the world and is available on a range of mobile platforms. Its Oculus virtual reality technology and content platform offers products that allow people to enter an interactive environment to play games, consume content and connect with others.

Overall, the bias in prices is: Upwards.

Short term: Prices are stalling.

Intermediate term: Prices are trending.

The projected upper bound is: 151.78.

The projected lower bound is: 144.70.

The projected closing price is: 148.24.

FACEBOOK INC A closed down -0.170 at 148.070. Volume was 25% below average (neutral) and Bollinger Bands were 21% narrower than normal.

Open           High             Low              Close           Volume
148.520      148.810       147.250       148.070       12,817,837

Technical Outlook
Short Term: Neutral
Intermediate Term: Bullish
Long Term: Bullish

Moving Averages: 10-period          50-period        200-period
Close:                       148.75               144.59              131.14
Volatility:                23                       15                      21
Volume:                   15,606,029      16,365,893      18,555,472

Short-term traders should pay closer attention to buy/sell arrows while intermediate/long-term traders should place greater emphasis on the Bullish or Bearish trend reflected in the lower ribbon.

Summary
FACEBOOK INC A is currently 12.9% above its 200-period moving average and is in an upward trend. Volatility is extremely high when compared to the average volatility over the last 10 periods. There is a good possibility that volatility will decrease and prices will stabilize in the near term. Our volume indicators reflect volume flowing into and out of FB.O at a relatively equal pace (neutral). Our trend forecasting oscillators are currently bullish on FB.O and have had this outlook for the last 22 periods.

Momentum is a general term used to describe the speed at which prices move over a given time period. Generally, changes in momentum tend to lead to changes in prices. This expert shows the current values of four popular momentum indicators.

Stochastic Oscillator

One method of interpreting the Stochastic Oscillator is looking for overbought areas (above 80) and oversold areas (below 20). The Stochastic Oscillator is 62.3356. This is not an overbought or oversold reading. The last signal was a buy 3 period(s) ago.

Relative Strength Index (RSI)

The RSI shows overbought (above 70) and oversold (below 30) areas. The current value of the RSI is 52.65. This is not a topping or bottoming area. A buy or sell signal is generated when the RSI moves out of an overbought/oversold area. The last signal was a sell 10 period(s) ago.

Commodity Channel Index (CCI)

The CCI shows overbought (above 100) and oversold (below -100) areas. The current value of the CCI is -65. This is not a topping or bottoming area. The last signal was a buy 2 period(s) ago.

MACD

The Moving Average Convergence/Divergence indicator (MACD) gives signals when it crosses its 9 period signal line. The last signal was a sell 9 period(s) ago.

The following two tabs change content below.

John Heffernan

John Heffernan is a Junior Analyst at HEFFX. John is studying Economics and is a contributor on equities at Live Trading News.

Latest posts by John Heffernan (see all)

You must be logged in to post comments :  
CONNECT WITH