Fake breakoutIt is a Fake breakout for sure KdmsmsmamsmamamwmsmsmekekekfkifignngntjroodkrShortby jeremyyc111110
META GAP AREAOn a 1-hour time frame, observing Meta's price action gap involves noting sudden shifts in opening and closing prices between consecutive candlesticks. This discontinuity signals significant changes in market sentiment and supply-demand dynamics. Traders interpret bullish gaps as positive sentiment and increased buying pressure, while bearish gaps signify negativity and heightened selling pressure. Volume confirmation strengthens the analysis, guiding traders in potential entry or exit points. Effective risk management, including stop-loss orders and proper position sizing, is crucial for mitigating losses. by MindOverMarket1
META: Potential 5 to 10 Bagger in 2024-2025Fundamentals: Sales have accelerated in META and earnings are above 20% q/q. However, its three-year earnings are below 5%. But if this changes when earnings come out in April 2024, then that will renew META as a super stock for 2024. Weekly: uHd 50% fib and diagonal support with a-b-c extension downward into support. Kijun trend bounce target: 600-800Longby Rocketman0
META BUY BUY BUY highly oversold on dailyMETA took a shellacking on the last ER. It's way oversold on the daily, we could fill the entire gap down but we should easily bounce to $459.98 and $473.00 market dependent and cooperating it could fill entire gap to $486.62 in a best case scenario. Buy calls, or sell put credit spreads is the best way to play this 1-4 weeks out Longby ShortSeller761
META :SUPERMILLENNIUMNice to meet you. SEOVEREIGN - server. Usually, the market determines the direction of determining the direction before there is a FOMC meeting. But this time, major indexes such as Naes and SPX DJI started the HaX DJI. Among them, it is META. Mary's gonna arrive at the high point of Elliot Parker. The stock price may be paid in the future Metropolitan Government shareholders can't be careful if you can't be careful.Shortby SeoVereign2
Possible LONG on META stock off W dz Possible LONG on META stock off W dz 1/3 RR Maybe it is possible to target opposing D1 imbalance Longby EquilibriumTradingAlexMO1
Meta grabbing liquidity from Supply zone .Meta grabs liquidity from Buyers at Supply zone then enters a range for S&D zone , for now its at Discount Price Range good long reversal expected unless theres not enough liquidity and create Trend Change to Short Longby a.garzaa.g12Updated 113
📉 Meta Completes Bullish ImpulseI can spot a perfect 5-up wave pattern from October 2022 through March 2024. A correction is likely to follow next. On the chart we have a classic Zig-zag (ABC) correction (5-3-5) but any type of correction can develop. It can be flat, complex, extended, irregular, etc. There is always the possibility that wave five is not yet over or that it becomes extended; in this case, we continue to expect a correction to show up. Namaste.Shortby AlanSantanaUpdated 6636
Meta Shares Decline 15% Despite Strong Earnings reportTech Giants Experience Significant Decline, Erasing $300 Billion Amid Meta's Weak Guidance and Q1 Stagflation Concerns During a volatile trading session, the combined market capitalization of the top seven tech companies experienced a sharp decline exceeding $300 billion within the first hour of trading on Thursday. This downturn was primarily triggered by Meta Platforms Inc.'s ( NASDAQ:META ) announcement of a revenue outlook for the upcoming quarter that fell short of market expectations, alongside apprehensions stemming from the release of first-quarter gross domestic product data. Key Developments: Meta Platforms NASDAQ:META exceeded analyst forecasts by reporting first-quarter revenue of $36.45 billion, marking a notable 27% increase year-over-year. Additionally, earnings per share reached $4.71, surpassing the anticipated figure of $4.32. However, investor sentiment soured following Meta's issuance of a cautious guidance for the next quarter, leading to a retreat in the company's stock price. The Roundhill Magnificent Seven ETF NASDAQ:MAGS fell 3%. Treasury yields, especially for the two-year note, have risen above 5%, indicating increasing investor concern about inflation and its possible impact on future Federal Reserve decisions. This concern led to a widespread sell-off in the bond market, with notable declines in long-term treasury ETFs, including the iShares 20+ Year Treasury Bond ETF ( NASDAQ:TLT ), which fell by 0.8%. Meta Shares Decline 15% Despite Strong Earnings Report Meta reported robust earnings that surpassed both consensus and whisper estimates. Despite these strong results, Meta's stock experienced a 15% decline. This downturn is commonly attributed to substantial investments in AI technology and remarks by CEO Mark Zuckerberg regarding the non-immediate profitability of these expenditures. While momentum-driven analysts might overlook this, seasoned analysts are aware that returns on AI investments will not be immediate. Key Reasons for Meta's Stock Decline Ahead of Meta's earnings announcement, Wall Street's positioning was overwhelmingly positive. This positioning often leads to contrary market movements. Understanding this Wall Street dynamic is crucial for maximizing returns from the market. Due to their significant implications, these mechanics are often closely guarded by financial professionals. Impact of Other Notable Earnings on Market Sentiment: IBM Common Stock: NYSE:IBM Prior to its earnings report, there was significant anticipation around IBM due to its AI initiatives. However, the earnings fell short of whisper numbers, leading to a roughly 10% drop in its stock price. It is worth noting that The Arora Report capitalized on this by taking a short position, securing profits shortly thereafter. Caterpillar Inc. : NYSE:CAT Reported earnings that were below expectations. Merck & Co Inc: NYSE:MRK Surpassed whisper numbers with its earnings report. Market Reactions to Recent Economic Indicators: The latest auction of $70 billion in five-year Treasuries saw weaker demand, though it is not indicative of a larger economic issue: High yield: 4.659% (When-Issued: 4.655%) Bid-to-cover ratio: 2.39 Indirect bids: 65.7% Direct bids: 19.2% Momo Crowd And Smart Money In Stocks The momo crowd is buying stocks in the early trade. Smart money is selling stocks in the early trade. In gold trading, the momentum crowd exhibited volatile behavior, while the smart money remained inactive. The SPDR Gold Trust ( AMEX:GLD ) remains the most popular gold ETF, and the iShares Silver Trust ( AMEX:SLV ) for silver. Similar patterns were observed in the oil market, with volatile trading by the momentum crowd and inactivity from the smart money. The primary ETF for oil is the United States Oil ETF. For further details on long-term ratings, please refer to our comprehensive reports on gold, silver, and oil markets.Editors' picksby SroshMayiUpdated 1818415
Meta Platforms, Inc.Meta Platforms' stock price sits at $443.29, with a recent sharp downturn in the backdrop where shares plunged 10.6%. This movement reflects the market's knee-jerk reaction to an unforeseen catalyst, necessitating a deeper dive into the technicals to ascertain the next potential move. Fibonacci Retracements: The stock's rebound from the low of $414.50 aligns with the Fibonacci support level at 0.618, suggesting a natural buying zone. Traders should note the price's interaction with the 0.236 Fibonacci retracement level at $448.39, a breach of which may signal an upward trajectory toward the $446.43 zone, aligning with the recent peak. EMA Analysis: The Exponential Moving Averages (EMA) reveal a bearish crossover, with the 20-day EMA ($452.36) descending through the 50-day ($470.84) and 100-day ($484.18) EMAs. A watchful eye on these levels is critical, as a break above the 20-day EMA may invalidate the bearish signal, possibly propelling the price to the $450 resistance zone. Ichimoku Cloud: The Ichimoku Cloud presents a bearish outlook, with the price trading beneath the cloud. A potential bullish reversal is contingent upon the price eclipsing the cloud, positioned around $462.25, which could introduce a bullish bias. Pivot Points: Utilizing traditional pivot points, we detect immediate resistance at the monthly pivot line (P) at $513.27. The R1 and R2 resistance levels sit at $526.99 and $542.09, respectively. Support levels S1 at $501.30 and S2 at $490.71 should be monitored as potential areas for re-entry on pullbacks. Technical Indicators: RSI: The Relative Strength Index hovers around 36.79, indicating a potential oversold condition, which could prelude a price recovery. MACD: The Moving Average Convergence Divergence trends upward with the histogram reflecting increasing bullish momentum. Stochastic: The Stochastic indicator is neutral, suggesting that the stock is neither overbought nor oversold at current levels. OBV: The On-Balance Volume shows significant buying volume, possibly foreshadowing an upcoming rally. Volume Analysis: The volume spike on the recent sell-off is notable. Should the volume sustain above average with price recovery, it may validate the conviction behind the rebound. Price Prediction: We speculate a rebound target of $450 in the short term, should the stock maintain above the critical Fibonacci level. For a more extended play, the next target aligns with the 0.236 retracement at $448.39, with an ambitious target of $446.43, corresponding to recent highs. Trading Strategy: Entry: Consider long positions if the stock holds above the 0.618 Fibonacci level ($442.70), or on a breakout above the $448.39 level with substantial volume. Exit: Traders may look to take profits at $450, with a secondary target at the recent high of $446.43. A stop-loss should be placed below the recent swing low around $414.50 to mitigate risk. Risk Consideration: Given the recent plunge, caution is warranted. Traders should be prepared for volatility, particularly with the next earnings report 88 days away. Fundamental aspects such as the company's P/E ratio of 25.35 and a modest dividend yield of 0.11% should factor into the overall analysis. In summary, Meta Platforms presents a nuanced opportunity for technical traders. The recent price action juxtaposed with solid buying volume and oversold conditions lays the groundwork for potential upside. However, confirmation of trend reversal through technical indicator alignment is key to validating these speculative targets. Caveat: All speculation must be tempered with prudent risk management, and traders should adjust positions in light of unfolding market dynamics and broader economic indicators.by AxiomEx1
Wyckoff Distribution for META Elliot wave some gap that might be "runway gap" and "exhaustion gap" But there are momentum divergence shown so it more likely to be "exhaustion gap" for sentiment analysis CEO of this company is selling all the way with 0 buying activity for 12 months straight I have little worry about about upthrust that can touch SL so I have to set SL quite far also yesterday have every high volume rejection candlestick | I use it and OBV divergence as confirmation to short selling META with RR=2 Shortby tofinseUpdated 3
Support for METALots of people saying sub $300. I don’t think so. Highlighting my support range here. Let’s see!Shortby Judyishim0
Don't shoot the Messenger, META is DEAD !Big megaphone pattern, noone uses facebook anymore, instagram is mid, earnings were trash, this stock is worthless, dump this thing to the netherrealms, hey maybe it recover and this broadening wedge becomes bullish you never know Shortby infinitegainz112
META? Hi all, In my 2c opinion. Nothing new, flat progress = over priced. If it break trendline good time to sell & looking for other opportunity mean while. let it slowly create discount and value. All the best. by reazosman1
Meta bearish order block on 4/15/2024Indication to switch to short or put using order blocks strategy ( NASDAQ:META ) Shortby Tradeviewer0001
Waiting $META a bit more lowerVolume gap and monthly trendline suggesting a bounce between $400-350.Shortby alexmerax1
META Meta filled the downside gap, indicating a potential move to fill the upside gap today. The MACD is showing signs of turning bullish. My outlook is optimistic, particularly regarding the earnings of Microsoft (MSFT) and Google (GOOG) tomorrow. These stocks could uplift the market on Friday.Longby AmyThongbai0
Range TradingWe 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.Shortby motleifaulUpdated 222
Meta stock plunge 14% in Premarket RoutThe tech world was rocked as Meta Platforms Inc. (NASDAQ: NASDAQ:META ) saw its shares nosedive by as much as 15% in premarket trading, sending shockwaves through US futures markets. The precipitous drop came from lackluster revenue guidance and concerns over CEO Mark Zuckerberg's ambitious AI spending plans. Investors expressed skepticism over Zuckerberg's vision to pour tens of billions into artificial intelligence initiatives, fearing it would drive up costs and erode profitability. Meta's first-quarter earnings report, while boasting profits of $4.71 per share and revenue of $36.5 billion—beating analyst expectations—failed to assuage concerns as the company provided subdued revenue guidance for the upcoming quarter. Meta's revenue forecast of $36.5 billion to $39 billion fell short of analysts' projections, dimming the optimism that had propelled the company's stock to record highs. Zuckerberg's announcement during the post-earnings conference call about ramping up AI investment further rattled investors, leading to a mass sell-off. The market reaction was swift and brutal, with Meta's stock plunging to just over $426, marking a potential $160 billion loss in market value if sustained until the opening bell. This abrupt downturn punctuates Meta's remarkable stock performance over the past year, with shares soaring 107% in the last 12 months and 42% year-to-date, until the recent setback. Russ Mould, investment director at AJ Bell, highlighted investor concerns about Zuckerberg's perceived lack of financial discipline and the sudden pivot from cost-saving measures to aggressive AI spending. The reversal of sentiment underscores the fragility of investor confidence in Meta's management strategy, dampening the company's recent efforts to project financial prudence. The fallout from Meta's downturn rippled across broader indexes, with S&P 500 futures and Nasdaq 100 futures tumbling, signaling a turbulent trading day ahead. As investors brace for further earnings announcements from tech giants like Microsoft and Alphabet, coupled with the release of US GDP estimates, the uncertainty surrounding Meta's future trajectory casts a shadow over the broader tech sector. In conclusion, Meta's sharp decline serves as a cautionary tale of the perils of investor sentiment and the delicate balance between innovation and financial stewardship in the tech industry. As the dust settles, all eyes will be on Meta's next moves and its ability to regain investor trust amidst heightened scrutiny and market volatility.Shortby DEXWireNews3
Meta's DownfallWhat do you mean the charts couldn't of helped you stay clear of #Meta? Over 1 month ago you got the warning sign to step aside. Just follow the bread crumbs... #nasdaq #bitcoin #netflix #google #amazon #teslaby Badcharts6
META Share Price Collapses after Publication of Quarterly ReportMETA Share Price Collapses after Publication of Quarterly Report Just yesterday, META's stock price closed at USD 493.50, up approximately 40% since the start of 2024 and up nearly 300% since the start of 2023. However, following the release of Meta's quarterly report, its shares plummeted to USD 400 in post-market trading, representing a decline of more than -15%. It is noteworthy that the report exceeded expectations in some of the main indicators: → earnings per share: actual = USD 4.70, forecast = USD 4.32; → revenue: actual = USD 36.4 billion, forecast = USD 36.1 billion. However, investors were disappointed by plans for the coming months, as Meta said second-quarter revenue would be between USD 36.5 billion and USD 39 billion, below the average estimate of USD 38.24 billion. This could be due to increased investment in developing AI-based products , which do not yet generate income. At pre-market today, the META share price is around USD 418. The technical analysis of the META stock chart shows: → The price still remains within the long-term ascending channel (marked in blue), which describes the price increase in 2023-2024. → The pattern of decline from the high around USD 530 towards the lower boundary may be a sign that indicates a potential change in sentiment - optimism is not endless. → Divergence on the RSI indicator turned out to be an effective warning for a price decline. Market participants who bought META stock at prices between USD 480 and USD 530 will find their positions in the red when trading opens today, most likely with a bearish gap — somewhere around the lower boundary of the mentioned channel. So it is safe to assume that any rise in price towards the specified range will represent an opportunity for them to exit the position and minimize losses, which in turn will put pressure on potential attempts by the bulls to resume the multi-month trend. Resistance may also come from the median line of the channel, which today lies right at the lower limit of the range between USD 480 and USD 530. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.by FXOpen228
META April 25, 2024: Is META a Buy Now With 13% Sold Off?On April 25, 2024, NASDAQ:META crashed 12% pre-market after earnings release. The question is that whether it is a buy now? For me I do not intend to buy on crash. I am looking for a pattern, or at least, a meaningful support, to buy. At this level, even 12% down pre-market, I do not see any meaningful support here nor any pattern therefore I am not buying now.by longsonvn0