NASDAQ:META had a good run, but now that run is coming to an end.
I started buying puts today when price was at $524. I bought 6/21 $300P. There's a chance price could break the current highs, but it wouldn't change my bias.
I think starting later this month, we're going to start to see a large move down in META.
Overall, I think there's a possibility that...
Meta is looking like its in phase c of a #wyckoff Distribution top. A Large Ripsaw is at play with a low at 70. #meta NASDAQ:META #facebook #stockmarket #investor
Earnings mid next week..
Sitting here on support of channel from last earnings gap up.
Over next few days i expect Meta to rebound to atleast 510.. a break over 510 and or that minor channel (White lines) and meta heads back to 520..
Long term i think this stock is headed for a major correction
Bearish divergence On RSI has been playing out for last 2...
It's gone 12 months or so since Meta Platforms shareholders reached their breaking point in Q4'22 as the Tech giant's financial results in those times were following an increasingly questionable rebrand, from Facebook into Meta.
In October, 2022 Altimeter Capital Chairman and CEO Brad Gerstner said in an open letter to the Company that Meta has too many employees...
If you haven`t sold META when ARK did that:
nor bought the META before the previous earnings:
Then analyzing the options chain and the chart patterns of META Platforms prior to the earnings report this week,
I would consider purchasing the 480usd strike price Calls with
an expiration date of 2024-5-3,
for a premium of approximately $24.80.
If these options...
Buying NASDAQ:META and NASDAQ:NVDA : Balancing Risk and Reward
Despite the recent market downturn, the long uptrend and strength of Meta and Nvidia remain intact. While short-term market fluctuations may present challenges, the long-term growth potential of Meta and Nvidia outweighs the current market volatility.
Risk-Reward Profile:
While investing in any...
META is pounding on a Golden Genesis fib at 489.06.
Notice the bottom EXACTLY on a Golden fib at 87.47.
Also see the peak at 198.47 and orbit around 309.57.
It is PROBABLE that we orbit this fib a few times.
It is POSSIBLE we have topped, at least temporarily.
It is PLAUSIBLE that it breaks and pops to the next fib.
Here is a full view and explantion of the...
REASONS WHY !!
AI Integration and Advancements: Meta has been prioritizing the integration of artificial intelligence across its applications, which has played a crucial role in the company’s rally2. The market has responded positively to Meta’s efforts in developing and monetizing AI applications, leading to a boost in the stock price.
2. Digital Advertising...
We trading within a range since mid February. Since March 21st we had declined a whole range. This decline has been retraced since Monday by almost 78 %. This makes hope for another attempt to fall below the range now.
Based on my graphic analysis I observe a bearish projection reaching minus 11% in the price of this corporation, that is; from $481 it will drop to $427. With a buy exit emerging at $523, it is worth remembering that the exact time the decline will take is unpredictable, the market will simply do its job. We can mention that it will happen within the next 15-20...
smashed 174-220 targets from last analysis, in bullish trend but strong trend resistance here.
make or break, if it can break here a rally to 280-300 should follow. rejection and dip to 220 before any more upside.
personally I played leveraged shares for earnings and secured 670% in gains this morning.. :) boost and follow if this helped. thanks!
Buy idea on META as you see on the chart if only if we have the breakout with force the resistance line and the vwap indicator by a big green candle follow by a large green volume! Thanks!
Expecting the price to test $508 zone and drop even further to $490 and $484 demand areas, as the price is seemingly showing early trend reversal signs.
Meta Platforms, Inc, X Right Prices for April, 2024:
Overall look bullish as market arrived at the advance Stage we just need to calculate the distribution prices:
Don't get to excited yet as we have 2 area to cover for lower price before making to the distribution.
Retest needs to hold within the key level of $505.75 otherwise it will need to go to...
Following the market close, Meta's earnings report will be released. While I don't bearish sentiment, my trading strategy relies on patterns. Notably, Meta has demonstrated consistent upward movement over the past 5-6 months. Interestingly, what's typically perceived as good news can sometimes result in negative market reactions, and vice versa. This trend...
NASDAQ:META Implied move for earnings today... 452 - 538 ... this is not a full analysis, just what the options are saying for the earnings move!! GL y'all...
