$META: bull market continues...

Nice weekly trend in $META here...As Zuck's leadership continues to impress shareholders finally addressing the excess fat that needed to be shed, the company is well positioned to monetize the growth in Emerging Markets (India, with reshoring, Mexico...) that are heavy users of Whatsapp and would be a boost to revenues from monetization over time, while the Reality Labs call option gives it unknown but potentially huge upside long term. I liked the valuation at the bottom and I like the way things are shaping up on the way up, let's see how it goes.
Best of luck!

Cheers,

Ivan Labrie.

Yorum:

Off to a good start, and now Tik Tok faces a tough choice, either sell their US unit to separate it from China or they will be banned in the US.
Long term chart has fired a signal here, interestingly:

Yorum:

So far, so good...