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Post by clinton on Apr 1, 2014 23:09:08 GMT -5
Facebook launched a brand-new, dedicated "news" app called "Paper" on Feb. 3, but just two months later, popularity of the app has tanked. On launch day, it was the No. 1 social networking app, and the No. 1 app in the U.S. Itunes Store. Now, it's fallen to No. 76 in social and No. 965 in the US as of April 1, according to App Annie. The chart of its ranking shows a swift drop that began in March. It's rather surprising considering how awesome and beautiful the Paper app turned out. BI editor Jim Edwards wrote that Paper was "much more cleverly designed than Flipboard" — its closest competitor. Read more: www.businessinsider.com/facebook-paper-ranking-2014-4#ixzz2xhNdbcAe |
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Post by jacksrbtr on Apr 2, 2014 6:44:00 GMT -5
Facebook launched a brand-new, dedicated "news" app called "Paper" on Feb. 3, but just two months later, popularity of the app has tanked. On launch day, it was the No. 1 social networking app, and the No. 1 app in the U.S. Itunes Store. Now, it's fallen to No. 76 in social and No. 965 in the US as of April 1, according to App Annie. The chart of its ranking shows a swift drop that began in March. It's rather surprising considering how awesome and beautiful the Paper app turned out. BI editor Jim Edwards wrote that Paper was "much more cleverly designed than Flipboard" — its closest competitor. Read more: www.businessinsider.com/facebook-paper-ranking-2014-4#ixzz2xhNdbcAeThey must be using the same people who did all that lousy taxidermy? |
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Post by clinton on Apr 2, 2014 8:03:19 GMT -5
Its amazing how fast this kind of technology can go out of fashion.
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Post by huh on Apr 2, 2014 8:07:49 GMT -5
I've got FB resistance ~63.06, the 61.8 FIB, and if it gets above that, ~64.25, the final 76.4 FIB (and the likely peak of a possible bear flag, but only if it got there quickly this morning).
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Post by clinton on Apr 2, 2014 8:25:43 GMT -5
I've got FB resistance ~63.06, the 61.8 FIB, and if it gets above that, ~64.25, the final 76.4 FIB (and the likely peak of a possible bear flag, but only if it got there quickly this morning). Im thinking 64s before selling starts again. |
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Post by huh on Apr 2, 2014 8:45:13 GMT -5
I've got FB resistance ~63.06, the 61.8 FIB, and if it gets above that, ~64.25, the final 76.4 FIB (and the likely peak of a possible bear flag, but only if it got there quickly this morning). Im thinking 64s before selling starts again. I didn't think it would get up there that fast today, but it just may. Looks like a good odds short ~64.25/64.30 if hit before noon. Would set-up a convergence of the 76.4 FIB and the top of a bear flag channel, and a well defined stop. A loss then of 61.15 would set-up for a move to ~53.60. And there's an open gap around there from 01/29.  |
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Post by huh on Apr 3, 2014 11:24:20 GMT -5
FB fell under the bear flag. Final target ~54.40. A very tight stop would be against 61.36.
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Post by clinton on Apr 3, 2014 15:55:30 GMT -5
FB fell under the bear flag. Final target ~54.40. A very tight stop would be against 61.36. gap fill 53.53 I think it might even over shoot to 51s |
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Post by clinton on Apr 4, 2014 9:05:03 GMT -5
52? Attachments:
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Post by huh on Apr 4, 2014 9:24:35 GMT -5
I think what's most bearish about it is that either target (anything under 57.80) takes it under the up channel that began on 07/25/13. And that whole channel began with a large gap-up, making an island type formation likely - meaning could eventually see a large gap down that goes unfilled for a while. It did test & hold that channel so far today, and likely why it's bouncing some here. |
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Post by clinton on Apr 6, 2014 8:11:30 GMT -5
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Post by jacksrbtr on Apr 6, 2014 12:33:41 GMT -5
I've had to get back onto FB recently as stated earlier....the only thing I've learned is that I don't like some friends as much as I used to...  |
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Post by clinton on Apr 7, 2014 9:54:36 GMT -5
My Knife catcher meme. Ya Im evil. Attachments:
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Post by huh on Apr 8, 2014 10:48:14 GMT -5
FB performing the backtest of the recently lost 9 month island channel today while also hitting a 61.8 FIB retracement - and looks to be forming a small intra-day H&S in the process (and another smaller H&S on the head test already formed).
Should see low to mid 56's by the close if the larger H&S plays out. (under 57.30 would confirm)
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Post by huh on Apr 8, 2014 11:37:19 GMT -5
FB performing the backtest of the recently lost 9 month island channel today while also hitting a 61.8 FIB retracement - and looks to be forming a small intra-day H&S in the process (and another smaller H&S on the head test already formed). Should see low to mid 56's by the close if the larger H&S plays out. (under 57.30 would confirm) OK, let's just say I suck at these short term calls. Especially with FB. I'm shutting up now. |
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Post by jacksrbtr on Apr 8, 2014 11:55:04 GMT -5
FB performing the backtest of the recently lost 9 month island channel today while also hitting a 61.8 FIB retracement - and looks to be forming a small intra-day H&S in the process (and another smaller H&S on the head test already formed). Should see low to mid 56's by the close if the larger H&S plays out. (under 57.30 would confirm) OK, let's just say I suck at these short term calls. Especially with FB. I'm shutting up now. Don't shut up - the silence will be deafening!  |
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Post by huh on Apr 9, 2014 10:51:54 GMT -5
My calls on FB y'day were 100% wrong.
But, FWIW, FB will hit the the 76.4 retracement of the pullback from the last high within the bear flag at ~61.36.
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Post by jacksrbtr on Apr 9, 2014 11:57:25 GMT -5
My calls on FB y'day were 100% wrong. But, FWIW, FB will hit the the 76.4 retracement of the pullback from the last high within the bear flag at ~61.36. Strangely enough there is no good Youtube out there with "It takes a big man to admit when they are wrong" so I wouldn't worry about it if I were you.  |
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Post by huh on Apr 9, 2014 12:04:28 GMT -5
My calls on FB y'day were 100% wrong. But, FWIW, FB will hit the the 76.4 retracement of the pullback from the last high within the bear flag at ~61.36. Strangely enough there is no good Youtube out there with "It takes a big man to admit when they are wrong" so I wouldn't worry about it if I were you. I have to remember - always allow a minimum of 2 days for consolidation, or until the the 76.4 FIB retrace. Whichever comes first. The trend usually won't resume until one of those happen. Even if wrong then, the stops are much, much tighter. |
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Post by jacksrbtr on Apr 9, 2014 12:09:23 GMT -5
fwiw ITMS bases their consolidation signals (either in a bull or bear flag) on a 7-day time count.
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