Facebook New Study by Pew Internet & FB chart
A new study by Pew Internet found that :
Teens show they are losing interest with Facebook ( Nasdaq:FB) They seem to hate that there are more adults on the site, and their is just too much DRAMA on there.
Teens spending less time on Facebook and more have been moving to twitter at a rate of 24% now using twitter vs 16% in 2011.
Full data here below:
As far as privacy is concerned & as a parent its shocking to see that kids sharing even more info about themselves since 2006 :
We’ll see how investors re-act to this new study. Facebook has been dipping but today I got the alert that the 200 day sma had hit. I currently own FB but was deciding whether to add more to my position or stop out sub that 200day sma. I’ll decide this week after, even after tomorrow’s action.
Today’s chart was pretty key as you can see below. We’ve had nice bounces here in the past 2 dips ( off the 200day sma -green line on chart)
Hope you found this helpful – FB daily chart below
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