Nexvu Capital

Nexvu on Economics, Politics and the Markets

  • Enter your email address to follow this blog and receive notifications of new posts by email.

    Join 932 other followers

  • Nexvu on Twitter

  • Previous Posts

  • Advertisements

Facebook Update – Monetizing Mobile

Posted by nexvucapital on March 2, 2013

Further to our November post, we would like to again draw people’s attention to Facebook (FB) which seems to be in the lower handle portion of a cup-and-handle formation. One of our major Tech themes this year is ‘Monetizing Mobile’ now that Apple and foes have filled the world with mobile appliances it is time for the software folks to benefit. The issue on this chart, is whether we have seen the low in the handle but the price turn last week off the mid-point in the Bollinger Bands is interesting. Confirmation will be a move up through $32.50.

FB Weekly - March 2 2013

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

w

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

 
%d bloggers like this: