Meta Platforms - Short Term - We look to Buy at 328.00 (stop at 319.00) Price action has posted a bullish Hammer and is positive for short-term sentiment. Bespoke support is located at 325.00. We look for gains to be extended today. Previous resistance located at 350.00. Risk/reward is ample to call a buy trade. Our profit targets will be 352.00 and 360.00 ...
NASDAQ:FB has found support, initially at the horizontal level, then the 200EMA, and finally it's back above the 50EMA. This is a sign of a bullish security. A swing trade can be taken here, targeting the recent high. A stop level set below the recent low that's below the 200EMA.
Meta Platforms, formerly known as Facebook, has been getting a lot of attention lately, primarily because of the reasons that led to the name change. The company has stressed that it will actively invest to become a leader in the metaverse. The move has divided investors into two camps. On the one hand, the move to the metaverse expands the overall addressable...
Hello friends, today you can review the technical analysis on a 1D linear scale chart for Meta Platforms, Inc. (FB). 1) The price is currently in a Double Bottom Pattern with the potential of coming to a breakout area. 2) If price breaks out of the Double Bottom Pattern, it would move back inside a Parallel Channel it has been respecting since February 2020. It...
Meta Platforms stock has declined markedly over the past few months. After popping a 52-week high of $384.33 three months ago, shares of this technology company have fallen more than 19%. Meta stock appears to be cooling off after a victorious 2020 and further strong gains this summer. The stock is also likely affected by increased media and government scrutiny...
Facebook hits the strong support line and goes up again, i think facebook will blow up over 400$ in the next 2-4 months. all the EMAs are supporting what do you think?
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. If you enjoyed this analysis, I would definitely...
Social media titan Facebook, now Meta Platforms, has recently been in the midst of a whistleblower scandal. A former employee made allegations against the company. This drama is just the latest development for Meta, which has become a lightning rod for debate. Investors may be seeking to figure out if the company's best days are over, particularly as Facebook's...