Social media stocks dip amid GameStop-Reddit frenzy. Why two top names could fall further

  • 📰 CNBC
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 72%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Social media stocks dip amid GameStop-Reddit frenzy. Why two top names could fall further (via TradingNation)

"I'd probably be fading the stock here in the short term. I think you'll find a better entry point," Johnson said, chalking the stock's recent gains up to a "relief rally."

"This is another one of these social media stocks that's sort of struggling at its 50[-day moving average],"Johnson said, pointing to its chart."If it starts breaking below its 200-day moving average, which is around 252, you don't have a lot of support until about 223," he said.

"To me, Twitter is probably the single best long-term buy when it comes to social media platforms because of the quality of its content and the quality of its product," he said. "The Facebook story ... is much weaker."

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

TradingNation

TradingNation Shorts are pulling funds from their safe havens. Stocks like Apple. Buy the Apple dip and other solid stocks with great spreadsheets!! aapl amc gme

TradingNation

TradingNation

TradingNation Please let us pick the ones we like and do not interfere. Just comment the chart

TradingNation Because we love the stocks. stonklove

TradingNation “A lot more toxicity on FB” 😂😂😂 have you got a Twitter account?🤷‍♂️🙈🙈🙈

TradingNation Did you buy PUTS 😅

TradingNation EDXC. Look em up..get in while it's cheap. It's a long term hold....EDXC

TradingNation 'Control the narrative'

TradingNation Question the headline and the narrative they want to tell... they are trying to control your behavior!

TradingNation CNBC is always on full attack against Facebook ,I know why ,it’s because Facebook took their advertising dollars ,last week Microsoft dropped ,Apple dropped ,actually Facebook dropped less than Apple yet here they are clowns at CNBC always preaching doom and gloom.

TradingNation 'To me, Twitter is probably the single best long-term buy when it comes to social media platforms because of the quality of its content and the quality of its product,' he said. 'The Facebook story ... is much weaker.'

TradingNation Week of 25/01/2021-29/01/2021 on WallStreet - wsbmod + KeithGill + chamath + MrZackMorris + stoolpresidente + GameStop + AMCTheatres (+ High Frequency Trading Algos) VS RobinhoodApp + HedgeFunds (+ High Frequency Trading Algos) $GME $AMC 🍗💎🙌🏻

TradingNation 95% only bad news(

TradingNation and Steve Cohen

TradingNation dogecoin to 1$ soon now. wave

TradingNation ■ Bitcoin, Stocks, Nasdaq, Gamestop, Tesla, Amazon, Alibaba, Nokia, Nike, Facebook, Netflix, Dow Jones, Nio. Open your FREE PASSFOLIO Account now. LInk ■ Acoount opened in 1 Minute■ ■ Create an account today■

TradingNation $bb $Bb johnchen why buying Blackberry stock with 100% cash is less safe for RobinhoodApp than buying Crowdstrike $crwd shares on margin. Valuation of BlackBerry is $8B and Crowdstrike is $50B. This is defamation of BlackBerry and its shareholders. Attack on free market.

TradingNation $ASTI !

TradingNation This billboards are out in full force.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines