META is about to close the month on the 8th straight green candle, which is of course way beyond any rally in the company's history. Having broken even above the 0.786 Fibonacci level and turned the 1month MA50 into Support again, the question on everyone's mind is how far can the market extend this rally. Looking at its short history, all of Meta's rallies...
META reached the middle red pitchfork line while the RSI is overbought and in divergence with the price. This indicates a bearish setup.
Hello Traders, welcome to this free and educational multi-timeframe technical analysis. On the weekly timeframe you can see that Meta stock started a crazy dump in September of 2021, dropping roughly 80% in a very short period of time but bounced back significantly. You can also see that the recovery started in October of 2022 and from there Meta created a rally...
META has arguably been one of the hottest, if not the hottest, stocks of the year. The minor (for its parabolic state) correction since Tuesday has seen it hit the MA100 (1h), which is so far holding. This has completed a Head and Shoulders pattern, which is technically a bearish structure. If the neckline but more importantly the MA50 (1h) breaks, we expect the...
META - KEYLEVELS 1htf Meta is strong on his up trend , also beacuse we have a broken resitance on weekly time frame. But now this zone looks more and more like a distribution zone , carefful on short META , if you wanna do it, maybe you need to wait for a broken red line ( neckline ) with a scalp trade.
Meta on 15m tf it is on Distribution zone , now from here we have 2 options: Sell or buy. I Will short Meta under the Support or i will long it if the resistance zone will be broken.
Meta coming up to a good area to go down. Levels from quarterly candles.
Continue to buy META as TikTok is likely to be banned from the Apple store! meaning new apple device will no longer have access to the app, nor will there be any updates. In Addition, there are rumors, retailers have banned together to bypass Apple's tracking restriction by creating a customer influencer database tracking centered around META technology! this...
META has a lot to recover to previous heights and has been doing well since November of 2022. The 380-level target is still far away, but the growth recovery rate is impressive for the past 6 months. Those typical for the stock earnings gaps might deliver father, due to the monetization model of all the platforms developed by the technological giant. Research...
Meta will down for last wave of contracting triangle , wave e can see under HKEX:175 after that , it can go up
This is an alternate view of my previous analysis for META due to the recent burst of price rise and breaking of dominant trend line Price has now moved back into the megaphone and is looking for more Linking my past post below
NASDAQ:META Weekly timeframe * First rejection off the March 2020 anchored vwap #Bull: A move back to HKEX:243 , if a sustained close above the December 2018 anchored vwap #Bear: A move back to $198 if the March 2020 anchored vwap has enough sellers
Take Note: 1) Next week earning report. 2) Meta layoff workers maybe a good news for the last spike to reach ideal price to short. Support: 200/180
Rectangle AEFD is a major golden rectangle in the NASDAQ:META with a time axis from September 2012 to January 2024 of 593 weeks with PHI expansion from focus. Time Cycle: Progression: 225 ( 224 +1), 367 ( 364 +3), 593 ( 588 +5) 1 + 3 + 5 is also a Fibonacci series. ( 3 successive PHI progression signifies end of cycle). Total price Unit = 366.99 366.99 *...
META has encountered a short term trend line that was previously a support line but now is being tested as resistance this is a good opportunity for price to be rejected and recovery a bit lower I have shown this lower recovery with the bars pattern tool. This would be sort of a scuffed inverted head and shoulders if the price falls down a little.
Meta Platforms, formerly known as Facebook, has undergone significant changes in recent years, with a tarnished reputation due to numerous data breaches. However, the company has made efforts to address these issues, and now faces new challenges. One such challenge is the impact of the economic downturn on its primary source of revenue - online advertising. This...
I have been trading Multi off and on for a month or so. I entered a short position on March 20th and added to the position today. Volume here is quite low. $MULTI could continue to hit lower lows and reverse a trend back towards the $5-$7 range. I am playing this as a swing trade based on my overall outlook on crypto market.