I don't really think there's enough information in the first post to give an informed answer to the question.
If you have given your daughter plenty of opportunities to show you that she respects you and your home, and she has been trampling it underfoot or doing things in your home of which you disapprove, then some tough love might indeed be in order.
If this was hastily done, I would wonder. If you don't approve of her friends, who do you think she's listening to right now? They are the ones giving her guidance at a time when she obviously could really use the wisdom of a godly mother. Please don't give up on her.