Facebook, Inc. (NASDAQ:FB) A Privacy-Focused Vision for Social Networking

Facebook, Inc. (NASDAQ:FB) A Privacy-Focused Vision for Social Networking

Facebook, Inc. (NASDAQ:FB) A Privacy-Focused Vision for Social Networking

Facebook is changing its strategy — and ironically, it’s about being more private. This is certainly risky since it’s an approach that’s in stark contrast to the company’s stated mission. But then again, in order for Facebook to continue to thrive, I think there is little choice for the social network.

In early March, Zuckerberg penned a long blog post titled “A Privacy-Focused Vision for Social Networking.” In it, he noted that the future of social media will be about platforms that involve “private, encrypted services where people can be confident [that] what they say to each other stays secure and their messages and content won’t stick around forever.”

Overall, the bias in prices is: Upwards.

Note: this chart shows extraordinary price action to the upside.

By the way, prices are vulnerable to a correction towards 159.79.

The projected upper bound is: 184.24.

The projected lower bound is: 164.11.

The projected closing price is: 174.17.


A white body occurred (because prices closed higher than they opened).
During the past 10 bars, there have been 5 white candles and 5 black candles. During the past 50 bars, there have been 28 white candles and 22 black candles for a net of 6 white candles.

Momentum Indicators

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 77.8311. This is not an overbought or oversold reading. The last signal was a sell 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 66.79. 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 23 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 100.This is an overbought reading. However, a signal isn’t generated until the indicator crosses below 100. The last signal was a sell 3 period(s) ago.


The Moving Average Convergence/Divergence indicator (MACD) gives signals when it crosses its 9 period signal line. The last signal was a buy 5 period(s) ago.

Rex Takasugi – TD Profile

FACEBOOK INC A closed up 1.450 at 173.370. Volume was 49% below average (consolidating)(neutral) and Bollinger Bands were 27% narrower than normal.

Open High Low Close Volume___
172.320 174.030 172.120 173.370 11,973,280

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

Moving Averages: 10-period 50-period 200-period
Close: 169.10 156.92 165.49
Volatility: 26 42 49
Volume: 16,533,011 20,172,924 24,224,010

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.


FACEBOOK INC A is currently 4.8% above its 200-period moving average and is in an upward trend. Volatility is low as compared to the average volatility over the last 10 periods. 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 6 periods. The security price has set a new 14-period high while our momentum oscillator has not. This is a bearish divergence.

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