Share
of Facebook, Inc. (FB) is
closed over $63 in ah good earning news. Resistance level will be $71.44 and support will be $50. If you
follow
me my analysis I was keep telling $50-$54 was good buy last time and
my stop will be $50 now.FB is buy mid $40 any weakness My
Membership
people know when buy and sell option or stock in daily basis which
very good profitable trade last few weeks in stock or call and put side.
How to trade in Facebook, Inc. (FB) get my Membership Access.
Facebook CFO stepping down; shares now +2.4% AH
- Facebook (FB) CFO David Ebersman is stepping down on June 1. He'll be succeeded by finance VP and ex-Zynga CFO David Wehner. Ebersman suggests he's taking a position in the healthcare industry.
- Mobile ad sales rose another 19% Q/Q in Q1 (they rose 41% Q/Q in Q4) and made up 59% of ad revenue, up from 53% in Q4 and 49% in Q3. Total ad revenue rose 82% Y/Y to $2.27B, up from 76% in Q4 and 66% in Q3. Payments/other revenue totaled $237M.
- Monthly active users (MAUs) +4% Q/Q and +15% Y/Y to 1.28B. Mobile MAUs +7% Q/Q and +34% Y/Y to 1.01B. DAUs +6% Q/Q and +21% Y/Y to 802M - the fact DAUs grew faster than MAUs points to improving engagement.
- Costs/expenses rose 26% Y/Y to $1.13B, down from +37% in Q4. Capex totaled $363M, and free cash flow $922M (above net income of $885M).
- Q1 results, PR, slides
Technical Analysis Stock Charts: Charts Below
Here is
live chart