In 2022, Meta Platforms faced turbulent market conditions amid doubts surrounding CEO Mark Zuckerberg's metaverse ambitions, resulting in a significant 64% decline in share prices. However, the company's trajectory has undergone a remarkable transformation since hitting rock bottom, with shares soaring by 321% since the close of 2022. Despite this impressive...
META Weekly Analysis! Inverted Head and Shoulders Pattern Formation in META! Trend Reversal in META! META was in a clear downtrend. After it has made a Inverted Head and Shoulders pattern on a weekly timeframe. It has given a breakout to it's neckline and retested it so it can be act like a next support level which i've extended. Inverted Head and Shoulders...
#META has experienced a remarkable bullish surge. However, the 1D timeframe indicates potential weakness as we see the trend ranging sidweays creating lower highs. We are considering a possible retracement towards the 50-61.8% Fibonacci zone potentiall trading through the gap evidenced on the chart. This area typically attracts increased liquidity due to sell...
Hello Traders, welcome to today's analysis of Meta Platforms. -------- Explanation of my chart analysis: During 2022 Meta Platforms declined massively and dropped more than -70% all the way down to the previous support at the psychological $100 level. From there we saw a pump of more than 250% after which we could now see a short term pullback followed by new...
🏃♂️♾ Meta Platforms(META) ♾ is moving near the 🔴 Resistance zone($332-$315) 🔴. 💡Also, we can see Regular Divergence (RD-) between two consecutive peaks . In terms of Elliott wave theory , the Meta Platforms(META) seem to have completed the main wave 3 at the 🔴 Resistance zone($332-$315) 🔴 with the help of the Expanding Ending Diagonal Pattern . 🌊It is...
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.
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
If you haven`t shorted FB at $341: Look at the comments as well. Then you should know that even Google`s YouTube was threatened by TikTok rise! On the other hand a recent leaked documents claim lost control of user data from Facebook. FB is closer to our buy area of $140-155. Looking forward to read your opinion about it.
The statistics are between $238 - $295(1 Year) Why not wait, because we know it will be back as it is a powerful & interesting company. They are progressing with a whole new age of tech adoption, involving high take-up of its VR headsets, as well as the AR glasses product. Once it launches its new products it will create a big Wave and a Higher High for sure....
We expect a potential bullish bounce from buy entry level of 215.39 in line with 78.60% Fibonacci projection and 38.2% Fibonacci retracement towards the take profit level of 235.59 in line with 78.6% Fibonacci retracement . Our bullish bias is supported by the stochastic indicator where price is trading at support level . Any opinions, news, research, analyses,...
We expect a potential bullish bounce from buy entry level of 215.39 in line with 78.60% Fibonacci projection and 38.2% Fibonacci retracement towards the take profit level of 235.59 in line with 78.6% Fibonacci retracement. Our bullish bias is supported by the stochastic indicator where price is trading at support level . Any opinions, news, research, analyses,...
If you haven`t sold at the time of this article, at $337: Them you should know that FB Meta Platforms had 150.1K Calls and only 13.9K Puts last Friday, which makes me consider the $239 resistance soon. Looking forward to read your opinion about it.
Hi Traders, Here's what I think for $FB, direct entry is worth it, targets and stoploss are mentioned in the chart. NFA, DYOR, and good luck.
Meta Platforms stock FB has shown some strength lately after rebounding from $185 demand area, the upward move could hit $230 levels corresponding to 23.6% Fibonacci Retracement level. The upward correction would be highly supported by both; the good volumes and the positive crossover on the Relative Strength indicator. Finally, it's worth mentioning that Meta...
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...
Hello friends, today you can review the technical analysis idea on a 1D linear scale chart for Met Platforms, Inc. (FB). The chart is self-explanatory. Price has strong S/R areas noted in the chart. There was a recent 1D chart Death Cross last month that should have given an indication that price movement was coming soon. With the traditional markets and the...