Q1 2022 hedge fund letters, conferences and more
Highlights:
- User base might have reached maximum, focus on price
- Reality Labs squeeze profits, but could turn big in the future
- Competitors grow out of nothing to challenge its dominance
Download the full report as a PDF
Meta Platforms’ revenue breakdown 2021
Price turned bearish but could turnaround soon
- In the first three quarters of 2021, Meta saw a strong bullish rally before its price has been corrected downward by the end of past year
- In January 2022, Meta saw its largest intra-day drop in its history with the share price down by 25%
- However, recently, the share price started to rebound and could do so further
- Volume RSI has been neutral recently, providing no clear signal yet
Read the full article here by Andrew Stotz.
