META has had a nice rally and a huge gap up on earnings. My thinking is that the rally is overdone and that we fill the gap. This would mean returning to a price level of $152. This would also correspond with 200 day MA and the near term upward trendline. Sell.
Meta - 30d expiry - We look to Buy at 156.56 (stop at 144.94) We have a Gap open at 02.02 from 153.12 to 183.38. Bespoke support is located at 155. A higher correction is expected. We look for a temporary move lower. Remains bullish while above last week's low. Traded to the highest level in 34 weeks. Our profit targets will be 184.88 and 189.88...
Meta Platforms (META) stock is surging through the roof following the encouraging Fed outlook on future rate hikes and Zuckerberg's promises on stock buy-backs, cost cutting and focus on profitability. We warned META was an excellent buy last month after closing two straight green monthly candles as well as back in November when we advised to buy at the bottom,...
Earnings coming out after the market tomorrow. Price rejected off the 200 DMA and I opened a small short position after the rejection. The RSI is very elevated. SNAP came out with horrible earnings after market today and fell off over 14 %. Both Pinterest and FB fell, FB dropped to 145.37 and has since bounced to 147. .5 fib retracement is 120.67, also there is a...
Let's be honest from purely a probability perspective I see meta NOT beating earnings for many reasons. ad rev still down. covid reopening people using social less. snap will do poorly as usual the business model is failed. burning cash for meta oculus headsets. last time we had earnings it dropped over the 3 day rule around 35% FK Zuckerberg and short this...
Meta Platforms, the social media giant formerly known as Facebook, became a trillion-dollar company in June 2021. Three months later, its market value peaked at $1.08 trillion. But Meta is currently worth only $370 billion. It has lost two-thirds of its value as a slowdown in its advertising business, continued losses in its virtual reality business and rising...
Literally posted yesterday but couldn't do it here, documented though $CEEK is a liked project but have been out of it, except trailer position Did move decently from bottom & seems 2b setting up but not ready yet, soon When this pumps it's multi x's Potential 10xer #metaverse #nft #p2e #crypto #CEEk #CeekVR TODAY!!!!!!!!!!!!! I said SETTING UP! NOT THIS...
Our update on The Meta Platforms (META) on the 1W time-frame. What stands out is that the stock has completed six (6) straight weekly candles, for the first time since March 2017! This is one of the strongest bullish sequences in its history and while at it, it has established 2 weeks above the 1D MA100 (green trend-line) for the first time since its September...
I placed a bid to purchase 100 units of this stock at 43.00 as it broke its resistance of 42. My cut-loss is set below this line.
Meta Platforms (META) is on a strong January monthly candle (chart on the right) having closed in December two straight green months for the first time since August 2021, which was its All Time High. This alone is a huge bullish development, which along with the 1M RSI being on an Inverse Head and Shoulders pattern (IH&S), it can start staging its long-term...
NASDAQ:META Rejecting candle, Gap below, Weak on green days, Meta is on the way to close the gap. TP - Gap close if reject or cpi will change the results may close trade before.
Meta - Resistance 124 & 138. Support 112 area. Red chip are appearing more aggressive here. Individual may relook into this. How to view the guidance via chart ( Refer back to pin message guidance if to trade ) Red Line = Support Blue Line = Resistance Light Blue = bullish/bearish pattern Arrow = Double/Trip top/bottom Red Chip = $$ Green Chip = XX
Meta - 30d expiry - We look to Sell a break of 107.98 (stop at 115.15) The primary trend remains bearish. There is no clear indication that the downward move is coming to an end. This is curremtly an actively traded stock. 108.32 has been pivotal. A break of the recent low at 108.32 should result in a further move lower. Our overall sentiment remains...
Hello,Traders! FACEBOOK is trading in a downtrend And the stock is about to retest The broken key horizontal level Which is now a resistance From where a bearish continuation Is to be expected Sell! Like, comment and subscribe to boost your trading! See other ideas below too!
After dropping to lows from 2015, most likely we will see a bounce. -RSI is very oversold both on daily and weekly timeframe. -We have a gap which most likely will get filled. After filling the gap, we expect the price to come back down. -The price dropped 75 % from its ATH. Many investors bought meta stock to ride the bounce.
Over a month ago (November 10) we posted our outlook on the Meta Platforms Inc (META) following the cutting of 11k jobs (also feature on the Editor's Pick): As you see our target has been hit as the price rose and reached the top of the Channel Down pattern that the stock has been trading in since February. The buy signals at the time were obvious as the 1D...
Hello Traders, welcome to this free and educational analysis. I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities. If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below. I will personally reply to every single...
In this update we review the recent price action in Meta Platforms and identify the next high probability trading opportunity and price objectives to target