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
9-13 Reversal Possible. If Price Action remains stable, the 13 count 10D candle will end on Thursday, April 11th. For now, stay patient while price chops around this area. Loses $500, will head for 480s. Hourly suggests a pullback to $498 based on MACD plateau.
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...
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...
Technically META top could be in. Like NVDA, it can keep sliding until a critical support level breaks and waterfall ensues. However, the last wave 5 of 5 did not quite end in a blow off top type fashion; something you would expect from a major primary degree top. There was however, significant RSI bearish divergence on the daily timeframe, that tells us it was...
Meta Platform, Inc trading X Right Prices for next week:
$494.93
$500.06
$501.63
$503.69
$506.32
$516.39
$521.93
First Distribution: $526.11 Follow by a new support over Week 2, April, $526.36.
After mid Retest :
Accumulation price: $540.60. = Advance stage confirmation after a final retest follow by 1 confirmation of price above $540.
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...
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!
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...
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!
Meta Platforms, Inc updated X Right Price for Quarter 2, 2024:
New Support = $514.71 follow by $517.13
$520.02
$522.12 Retest require from here at $514 area before make a higher price as mentioned below.
After the Retest expecting the following prices:
$527.27
New support over March =...
Meta showing the tendency to go further higher to the levels of 358.
The stock is expected to hit the levels of 300 or even to 269 before moving to 350+.
It looks like NASDAQ:META has found a meaningful top as more technical signals agree a short setup has formed.
Three significant trendlines have been broken, and today a significant fib retracement level was neatly rejected as TikTok drama continues its inevitable path of escalation.
It's tempting to immediately target the gap below, but there is a POC on the...
