Facebook Inc (NASDAQ:FB) To Be “a hostile enviroment for terrorists.”

Facebook Inc (NASDAQ:FB) To Be “a hostile enviroment for terrorists.”

Facebook Inc (NASDAQ:FB) To Be “a hostile enviroment for terrorists.”Facebook said in a statement it wants to be “a hostile environment for terrorists.”

  • The company’s director of policy said Facebook works “aggressively to remove terrorist content from our platform.”
  • Some critics say the company is not doing enough because it has an incentive to make content as shareable as possible.
  • On Sunday, May said Britain must work with allied democratic governments to tighten Internet regulation, in order to deny terrorists a tool for planning attacks and spreading extremism.
  • “We cannot allow this ideology the safe space it needs to breed, yet that is precisely what the internet and the big companies that provide internet-based services provide,” she said in a statement outside Downing Street.
  • May’s comments, which added new fuel to the debate about balancing free speech in an age of terrorism, were amplified by Facebook’s own response to the London attack.

This is the best way I have ever seen expressed what leads to things getting so extreme online. https://t.co/OqBz6yRceZpic.twitter.com/uX1OwcCE0T

— Robert Kosara (@eagereyes) May 20, 2017

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 moving.

Intermediate term: Prices are trending.

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

The projected upper bound is: 157.60.

The projected lower bound is: 150.18.

The projected closing price is: 153.89.

FACEBOOK INC A closed up 2.080 at 153.610. Volume was 1% below average (neutral) and Bollinger Bands were 14% narrower than normal.

Open         High         Low          Close         Volume
151.850    153.630    151.300    153.610    16,854,364

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

Moving Averages: 10-period      50-period     200-period
Close:                      150.75            146.31            132.10
Volatility:               12                    16                   21
Volume:                 15,705,552    16,164,269    18,618,132

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 16.3% above its 200-period moving average and is in an upward trend. Volatility is high as compared to the average volatility over the last 10 periods. Our volume indicators reflect moderate flows of volume into FB.O (mildly bullish). Our trend forecasting oscillators are currently bullish on FB.O and have had this outlook for the last 29 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 68.0102. This is not an overbought or oversold reading. The last signal was a sell 1 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 67.02. 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 17 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 106.This is an overbought reading. However, a signal isn’t generated until the indicator crosses below 100. The last signal was a sell 1 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 buy 3 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.

You must be logged in to post comments :  
CONNECT WITH