Today, Strong breakout of the level and target hit + extension higher Max Drawdown 0% Top Performance +3.23%
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
META formerly known as facebook is a huge social media giant. Sadly they dont give out dividends to share onwers Pension fund managers buy facebook shares and this is not a good investment when they buy them at a wrong time in a down trend. #1-Facebook is in a down trend #2-It gapped after the earnings report #3-the price gapped in favour of the trend It was...
Meta stock was once a 30 percent grower with a high PE and high Price to sales. But now has become a 10 pe value stock. Sp500 has an 18 PE is pricing in 9-10 % growth in 2023. META SPY SNAP GOOG
10.28.22 Lumber is about to become a difficult trade. I mentioned this yesterday gave the reasons. When the market found buyers at the bottom, I explained it I would probably get out of this market too soon, but it was probably. I mentioned that it's reasonable for the market to correct lower....And eventually it corrected just under 60% where I would be looking...
Explaining and showing how tripple top pattern can help in finding excellent trades I cover various stocks which can be profitable based on the stock charts and technical indicators. I try my best to explain as detailed as possible but your feedback is also appreciated Before you enter a trade , one must learn how to master the charts as Stock charts play a...
Swing trade setup for Oct 20-------I DO NOT GIVE SOLICITATION TO BUY OR SHORT. USE YOUR OWN DISCRETION I cover various stocks which can be profitable based on the stock charts and technical indicators. I try my best to explain as detailed as possible but your feedback is also appreciated Before you enter a trade , one must learn how to master the charts as...
META is also Toast along with TSLA and many other Bubble stocks. Next stop is $96. Goodluck.
Faceplace is really getting it in this bear market. After looking like it might finally rebound, we are seeing a clear indication of a bearish consolidation pattern which can be used to initiate short positions and limit risk. Even though this looks golden, I do not pretend to know what is going to happen, so I always cut losses when positions move against me.
Mega caps make large percentages in the indices now a days. So if mega caps sell off, you better be certain the rest of the market is going with it. this 5% ish drop in nasdaq and tech related stocks places some of the megacap at significant levels. I hope they can hold their support, or else bad things happen. And doesnt it make sense that if inflation theme is...
An interesting start to the month as the Shooting Star candle from August is starting to see downside follow through! Now we will see if price continues to move to the bottom of the July inside candle! Short week ahead as we approach a potential pause zone, so we will track it next week. Happy Labor day everyone!
NASDAQ:META Chart: www.tradingview.com We got a big potential move again for META. I expect puts to keep paying based off of entries from 8/30. See my related ideas for more info on those. 163c > 161.66 PT 163 170. Get ready for puts on the reversal 155p < 155.91 PT 155.23 150.83 140 137 - monthly swing if it breaks below 155.23
🔸️Ticker Symbol: META 🔸️Timeframe: 4 Hour 🔸️3X Bear Pattern 🔸️Investment Strategy: Short TECHNICAL ANALYSIS: $META is currently in a bear regression trend channel to the downside. When we are trading in this trend, I like to look for areas where we could see a push lower to capitalize on price action. Along with being in a bear trend we also have our white line...
if you like technical trading this video is for you i show you how technically a chart can trade if you just know how to break it down correctly ladder in a long because its ripe for a rally here near a golden zone but be warned. its a bull trap thanks Rigo
$META is up against resistance for the 4th time since the 13th of June. We are building bullishly under 172.50 and will be looking for a move up to 178 after a gap fill at 175.
Keep it simple, I will be back with more updates from now on. Meta is currently sitting at its channel support looking for either another touch of support. My bet is we head up to fill this gap. I will keep yall updated on the moves throughout the week.
In this update we review the recent price action in Meta and identify the next high. probability trading opportunity and price objectives to target
In this video I offer a tutorial on how to use the trend-based Fibonacci extension tool on multiple timeframes.