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Socialmediastocks

PINS - this social media company making a comeback LONGPINS on the weekly chart hit the ATH during the COVID era and then faded in a one-year trend down until summer 2022. It has now reversed and is slowly trending up. The Price Volume Trend indicator shows the reversal as starting July 29, 2022 with a correction in May 2023. I see this as a safe swing trade targeting 50 and 65 as drawn by black horizontals. They are the levels of a neckline of the H & S at the ATH and a small pivot in October 2021. These are roughly 20% and 50% profit at those two take profit levels.
NYSE:PINSLong
by AwesomeAvani
75: Reddit A Game-Changer in the Social Media Market?As Reddit prepares for its highly anticipated initial public offering (IPO), investors are buzzing with excitement. With Meta (formerly Facebook) currently dominating the social media sector, Reddit's entry promises to shake up the landscape. Market Potential: Reddit's unique community-driven platform has garnered a massive following, making it a potential powerhouse in the social media realm. Its upcoming IPO signals confidence in its growth prospects and market potential. Competition: While Meta remains the industry leader, Reddit's IPO could introduce healthy competition, driving innovation and benefiting users and investors alike. Investment Consideration: As Reddit gears up for its IPO, investors are weighing the opportunity to participate in this dynamic market. With Meta's established dominance, Reddit presents an intriguing alternative for portfolio diversification and potential returns. With Reddit's IPO on the horizon, the social media market is poised for disruption. Investors should closely monitor developments and consider Reddit's potential impact on the sector. Could Reddit emerge as a formidable competitor to Meta? Only time will tell.
NASDAQ:META
by Soldi75
Meta - Buy The DipHello Traders, welcome to today's analysis of Meta Platforms. -------- Explanation of my chart analysis: During 2022 Meta Platforms declined massively and dropped more than -70% all the way down to the previous support at the psychological $100 level. From there we saw a pump of more than 250% after which we could now see a short term pullback followed by new all time highs. -------- I will only take a trade if all the rules of my strategy are satisfied. Let me know in the comment section below if you have any questions. Keep your long term vision.
NASDAQ:META
by basictradingtv
7
META Is it a buy again?Two months since we gave a successful buy signal (see chart below) on Meta Platforms (META) and the stock is yet again found after an aggressive selling sequence: The (almost) 12-month long Bullish Megaphone may be still intact but this time the price dropped below both the 1D MA50 (blue trend-line) and the 1D MA100 (green trend-line). It is however approaching not just the bottom (Higher Lows trend-line) of the Bullish Megaphone, but also Support 1 (274.50). What makes Meta a strong buy already is that the 1D RSI entered the Buy Zone, which is the area within the bottom of its Channel Down and the Support. As long as the 1D MA200 (orange trend-line) holds, buying some here and the rest at the bottom of the Bullish Megaphone is the most optimal approach for the medium-term. As you can see, the price action follows very distinct time Cycles (dashed curves) and right now the new one is about to begin. Our target is the $384.50 All Time High of September 01 2021. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
NASDAQ:METALong
by TradingShot
Why did Pinterest’s shares surge 16% last Friday?Pinterest’s (NYSE:PINS) shares closed up 16.2% on Friday on the New York Stock Exchange after the Wall Street Journal reported after market hours on Thursday that activist investor Elliott Investment Management has built a stake in the digital pinboard platform. Top-level departures The news came just two weeks after the company, which has been struggling with declining monthly active user numbers, announced that founder and CEO Ben Silbermann, has stepped down from the top job after more than a decade at the helm. Silbermann, 39, co-founded Pinterest with Paul Sciarra and the company’s former chief design and creative officer Evan Sharp in 2010. He was succeeded by Bill Ready, formerly from Google. The Information reported in late January that Pinterest had lost at least seven senior executives — in roles ranging from creator marketing to corporate development — at the time. Losses mount on shrinking user base The CEO change came as Pinterest booked another quarterly loss in the first quarter of 2022. Net loss totaled $5.3 million in the three months ended March 31, down from $21.7 million a year earlier, while revenue surged 18% year over year to $574.9 million. Still, the company continues to suffer from declining user numbers. Its global monthly active users (MAUs) in the first quarter narrowed 9% from a year ago to 433 million, falling short of estimates. In 2021, the company’s MAUs shrank 6% from 2020 to 431 million. TikTok wannabes Pinterest has employed various measures to bring back users to its platform including attempting to be like TikTok. The platform launched a video-first feature called “Idea Pins” in May 2021, allowing users to post short-form videos. It follows the launch of a “watch feature” in October 2021 that was similar to TikTok’s feature in which users scrolled through short videos. Pinterest is not the only app to attempt to be like TikTok. Even Meta Platforms’ (NASDAQ:META) Facebook and Instagram apps have introduced “Reels” to their platforms as the short-form video trend gains more momentum. Alphabet’s (NASDAQ:GOOGL) YouTube also introduced “Shorts” in late 2020 to keep up with the trend. Elliott stepping in With Elliott Investment Management reportedly taking a more than 9% stake in Pinterest to become the group’s largest shareholder, the activist investor could prompt Pinterest to speed up the restructuring of the platform’s business strategy. Elliott is known for being an aggressive activist investor and among the most notable changes it helped carry out was the 2021 departure of Jack Dorsey as CEO of Twitter (NYSE:TWTR), the company he co-founded. Elliott has also pushed for the spinoff of certain assets from eBay (NASDAQ:EBAY), leading to the divestment of StubHub in 2019 and Classifieds in 2020. The WSJ report, which cited people familiar with the matter, said Elliott has been in talks with Pinterest over the past several weeks, although the subject of their discussions could not be determined. Kenneth Squire, chief investment strategist at shareholder activism research firm 13D Monitor, said Elliott’s investment “is a sign of confidence in Ready’s ability to pursue several opportunities to better monetize the company’s user base.” Elliott Investment Management could push Pinterest to boost its ad revenue in global markets where they are getting 10 to 20 cents per month per user. The platform could also increase its revenue by bolstering its e-commerce service. “Given their expertise and history, we would expect Elliott to look for a board seat here, like they did at eBay and Twitter,” Squire said. Squire expects the shakeup of Pinterest to be amicable as Elliott has gained a lot of respect from shareholders and directors in the tech sector since it shook things up at Twitter and eBay. Pinterest’s shares are down 44% year-to-date as of Friday, and down 71% from a year earlier.
NYSE:PINS
by BlackBull_Markets
2
Buy the dip on Twitter, potential rebound after dropping 15% A potential rebound of Twitter after a huge drop last week driven by the banning of America's latest ex-president. We see Twitter's price action at a strong support . RSI showing the stock completely oversold . Action to take: Buy Twitter, set your stop-loss @ 15% ( whatever you like, this depends on your risk) This is my first idea and after a few years of learning from all these awesome people at TradingView, I would likke to start sharing a few of my thoughts for those that started learning this year. Cheers and thanks for your support!!!
NYSE:TWTRLong
by JTV-Trading