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META staging a short-term rally. Long-term levels to consider.Meta Platforms (META) are on a three day bullish streak following favorable group fundamentals and is rebounding off the bottom (Lower Lows trend-line) of the Falling Wedge pattern it has been trading in since February price collapse. The short-term target is technically the 1D MA50 (blue trend-line), which is just below the top (Lower Highs trend-line) of the Falling Wedge. We may also see a slight break-out as the Bullish Divergence spotted on the 1D RSI was last seen on the March 14 Low and a +27.50% rebound followed. If this is replication, the price can reach roughly 157.00, which is where the 1D MA100 (green trend-line) is currently sitting. That is the medium-term Resistance as it has been unbroken since December 30 2021, so basically for the whole 2022. A break above it would target the 1D MA200 (orange trend-line), which is the barrier that distinguishes the bearish from the bullish trend long-term. On the flip-side, if META closes below the bottom (Lower Lows trend-line) of the Falling Wedge, expect a sharp drop to the 1.5 Fibonacci extension (92.70). ------------------------------------------------------------------------------- ** Please LIKE 👍, SUBSCRIBE ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support me, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- You may also TELL ME 🙋‍♀️🙋‍♂️ in the comments section which symbol you want me to analyze next and on which time-frame. The one with the most posts will be published tomorrow! 👏🎁 ------------------------------------------------------------------------------- 👇 👇 👇 👇 👇 👇 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
NASDAQ:METALong
by TradingShot
6
META Platforms (NASDAQ: $META) Touches Bullish Wedge Bottom Meta Platforms, Inc. develops products that enable people to connect and share with friends and family through mobile devices, personal computers, virtual reality headsets, wearables, and in-home devices worldwide. It operates in two segments, Family of Apps and Reality Labs. The Family of Apps segment's products include Facebook, which enables people to share, discover, and connect with interests; Instagram, a community for sharing photos, videos, and private messages, as well as feed, stories, reels, video, live, and shops; Messenger, a messaging application for people to connect with friends, family, groups, and businesses across platforms and devices through chat, audio and video calls, and rooms; and WhatsApp, a messaging application that is used by people and businesses to communicate and transact privately. The Reality Labs segment provides augmented and virtual reality related products comprising virtual reality hardware, software, and content that help people feel connected, anytime, and anywhere. The company was formerly known as Facebook, Inc. and changed its name to Meta Platforms, Inc. in October 2021. Meta Platforms, Inc. was incorporated in 2004 and is headquartered in Menlo Park, California.
NASDAQ:METALong
by RedHotStocks
Tripple top pattern on METAExplaining 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 big role in deciding when to buy or when not to buy. Technical Trading help in predicting price movements and have a risk management. Stock trading is like any other business and must be taken seriously. Lot of people lose money because they don't educate themselves and end up placing trades blindly which results in big losses Stock charts is the major component day traders, swing traders, core traders use. Times and technology has changed and if you cannot adapt to the new methods , there is a high chance you will be left behind Millions of shares are traded now using desktop , laptop or gadgets and stock charts is what majority of traders look at. So , if you want to be a daytrader , swingtrader or coretrader learn how to read and interpret charts. There are lot of great books out there like Thomas Bulkowski's Encyclopedia of chart patterns and Steve Nison Japanese Candlesticks interpretation Having someone experienced can also cut the learning curve time for a new trader. Trading does take time and with discipline , hardwork , dedication and most importantly Passion for this needs to be there
NASDAQ:META
by Composed_Trader
META Time TO BUY SAFELY AS FOLLOWS with a Margin of SAFETYGet the META Stock at a discount or get a safe income by selling Deep Out Of the Money Puts: ** Background as of today META is rebounding to 134 but with FOMC November/December and mid terms, things could drop fast for META to 110-100 area. I want to structure a trade to take advantage of the current premiums regardless of what the market does - as long you are comfortable with the below outcomes. Sell DOTM 100 Strike June Puts for $8 Two Possible Outcomes: a) Price is at or below 100 at expiration - I get the stock for a long term at better than my target price 111 support. If assigned, the cost basis will be $100 - $8 = $92 which is a great price to own META for the long term b) Price is above the $100 strike price at expiration - I make income from the credit receive $8 / $100 = 8% ROI for 9 months which annualized is over 10.55% . The trade also gives you a Safety of Margin should the entire market continues down as follows current price $133.6 - $92 (assignment Cost)= $41.6 dollar buffer for a stock I want to own and keep long term As you can see neither is a bad outcome they are both acceptable for the cash invested.. Hope this helps Take care Marc
NASDAQ:METALong
by PowerIndicators
10
META Potential for Bearish Momentum | 10th October 2022On H4, with the price moving below the ichimoku cloud and descending trendline, we have a bearish bias that the price may drop form the sell entry at 141.42, which is in line with the previous swing high to the take profit at 116. 40 , where the 78.6% fibonacci projection is. Alternatively, the price may rise to the stop loss at 153.6, where the 38.2% fibonacci retracement and pullback resistance are. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
NASDAQ:METAShort
by FXCM
META Potential for Bearish Momentum | 10th October 2022On H4, with the price moving below the ichimoku cloud and descending trendline, we have a bearish bias that the price may drop form the sell entry at 141.42, which is in line with the previous swing high to the take profit at 116.40, where the 78.6% fibonacci projection is. Alternatively, the price may rise to the stop loss at 153.6, where the 38.2% fibonacci retracement and pullback resistance are. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
NASDAQ:METAShort
by Rockqet
2
$META - FACEBOOK - FALLING WEDGE - CAPITULATION where to next?Still on track. This chart has been the most requested in DMs for updates. I believe META will continue its growth in the future as the METAVERSE expands and come out as a front runner in 2023. For now we can see the declining selling volume. Clear as day capitulation marked on the charts. We will have it rough on the markets until the end of the year, I view this as huge OPPERTUNITY. NO FEAR! $Meta will reduce its workforce for the first time since 2004 and it slashed the budget for its team salary. Expanding their data center in UTAH. Switched up their marketplace (more profits from ads from car dealers). You can share NFTs on Facebook & Insta. New android Chromium-web view. New tools for creators. I did SLIGHTLY (like barley) pivot the lower trend on the falling wedge - with more data printing daily it was necessary and now the line has been tapped multiple times for confidence. Meta will be one of the top stocks ill be accumulating in my portfolio on the dips. This will be a long term hold for me, I will use options for day and swing trades. If you do choose options please keep in mind to buy extended time (although more pricey) this chop is algorithmically created to burn Theta out of contracts. (Full disclosure) If we do get a OCTOBER pump, not going to lie, I will probably sell out and buy the dip continuously afterwards. NOBODY can predict every top and bottom, this is why the DCA (Dollar Cross Averaging) Method is widely used to ride the waves. GOODLUCK traders!
NASDAQ:META
by ChaldeaCode
1
Several market reviews9. 30. 22 META Is a great example of how the strategy of buying and holding can be very expensive. If I were trading support, I would be long is this stock because it's oversold. On the other hand, it's a market that is giving back 70% of its games from 2013.And the devaluation the dollar is far more then 20% since 2013. This is a simplistic evaluation ignoring splits and dividends e t c. Tesla it's a much stronger stock, even though it's held up it's price very well considering the recent markets, it has made lower lows and lower highs and it is still close to the high. This kind of a pattern we concern me, and I would be very cautious about buying and holding in this market, and I would look for the market to trade lower if we are indeed entering into a depression. Natural Gas futures have corrected 38% to a support area which is a good bubble to go long if you find buyers. But the price is coiling...Which suggests to me that it is not clear for both the buyers and the sellers until the market starts to expand a little bit. In this case it's much better the sit tight market to give you a clue... this means that it has to expand, and this means that the market might make a couple of counter directional news before there is clarity. We will look for it as it happens....will talk about it when something happens. Meta Tstla Natural Gas
NYMEX_MINI:QG1!
by ScottBogatin
META (1W) - Short term Correction UPwards. Wave B coming ? Heloo Traders and all kinds of Speculators :), Today i got interested into META ( Facebook) which lost around 65% from its ATH. You can see that chart forms something similar to Falling wedge or Ending diagonal within wave (v) of A. If so, we could reach a support ideally at 125usd. (or range between 130-110usd). From where corrective wave UP could begin. With possibility to gain +50 to +75%. Sell zone is between 190-230 USD. For such move the entire market should enter another bear market rally and a lot of Positive news (Temporarily). At price around 125USD ... the P/E Ratio will be 10,5 which is very tempting for company like Facebook. Consider your Risk : Reward ratio. Hopefully no Long-term investor will take this chart too serious for some significant position. (It could be but i think another wave C will come)... Take care and trade safe. ;)
NASDAQ:METALong
by Longevity_Contrarian
META Buy signal within the Falling Wedge.The Meta Platforms (META) have been trading within a Falling Wedge pattern since the April 05 High. After that we've had two Lower Lows and two Lower Highs. On Tuesday the stock came to its closest to the Lower Lows trend-line since June 23. As the 1D RSI breached the 30.000 oversold barrier, we have a strong short-term buy signal in our hands, targeting the 1D MA50 (blue trend-line) and the top of the Falling Wedge. * A break above the 1D MA100 (green trend-line), which has been untouched since December 30 2021, can extend the uptrend on the medium-term towards the 1D MA200 (orange trend-line). * A break above the 1D MA200, which has been untouched since January 06 2022, can be enough to restore the bullish trend on the long-term. * A break below the Falling Wedge, can accelerate the selling targeting the 1.5 Fibonacci extension. ------------------------------------------------------------------------------- ** Please LIKE 👍, SUBSCRIBE ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support me, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- You may also TELL ME 🙋‍♀️🙋‍♂️ in the comments section which symbol you want me to analyze next and on which time-frame. The one with the most posts will be published tomorrow! 👏🎁 ------------------------------------------------------------------------------- 👇 👇 👇 👇 👇 👇 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
NASDAQ:METALong
by TradingShot
2