TheYanus

FB waits for earnings report

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NASDAQ:META   Meta Platforms
The fact whether the scandals have affected the earnings of FB has been on many minds.

Basically there are two options. Have or haven't. I doubt that there is a neutral way.

So the stock is set to drop or surge on 25.04, when the earnings call occurs.

If you look at the chart, you can spot an almost horizontal channel - that represents the waiting.

I have set this as a short, as I have a small size option on this one. I think that earnings might be smaller because of the fact that FB cut ties with all firms, which were buying data like Cambridge Analytica. However, they might belying as they have about almost all else and or the sheep will still buy the stock just like during he hearings, where nothing was said and actually revealed, but the stock surged.

The sure thing is that this will be interesting.
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