FaceBook (META) - Long-Term Approach to Big Gains.
Hello All,
As we can see Facebook (Meta) has sold off almost 50%. On a fear and greed chart, we would be entering the fear stage which is now presenting us with good long-term buying opportunities. In the chart we labeled three areas to start Dollar Cost Averaging back into Facebook (META). In the first area, we would allocate the smallest portion while the final area would be a larger portion.
This is for long-term holding and not trading.
The markets are extremely uncertain currently. At the end of last year, we have sent warnings to get out of the tech sector, due to high levels of greed and overextended markets propped up by money printing, new investors & news narratives. Now that these stocks are coming back to earth we are presented with new long-term opportunities over the coming months.
As we can see Facebook (Meta) has sold off almost 50%. On a fear and greed chart, we would be entering the fear stage which is now presenting us with good long-term buying opportunities. In the chart we labeled three areas to start Dollar Cost Averaging back into Facebook (META). In the first area, we would allocate the smallest portion while the final area would be a larger portion.
This is for long-term holding and not trading.
The markets are extremely uncertain currently. At the end of last year, we have sent warnings to get out of the tech sector, due to high levels of greed and overextended markets propped up by money printing, new investors & news narratives. Now that these stocks are coming back to earth we are presented with new long-term opportunities over the coming months.
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