Stocks are driven by earnings. Had the earnings been good META could have rallied out of that fallen wedge. Perhaps META will rethink its free policy on WhatsApp. One billion monthly users sending 100 billion messages a day. USD 10 per year assuming a third pay would be a neat 3 billion USD / year.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.