FB (Meta) - Outlook ✅Let's see how FB (Meta) is behaving.
This is a 1D chart. (Long Term)
Fib retracement levels show that the price has consolidated for a long while in the blue area -$271- (as shown on the chart) and has turned that area into a strong resistance area. This alone can confirm that Facebook needs massive buy volumes to pass that area. For now, any price below that level is possible for consolidations.
Red area:
Our solid resistance level, which requires strong buy volumes for passing
Orange area:
Local resistance area;
Bouncing back from our local support can help us pass this area.
Green area:
For now, this support area can hold the price up.
It hasn't been tested yet, but bouncing back from this level can confirm a bullish market for Meta.
Dark Green area:
Let's say the market is bearish; we can count on this area for solid support in case of more dumps.
Support levels: $114 - $189
Resistance Area: $228 - $271
Bollinger Bands can work as support and resistance too. Here is an example:
The market is showing SELL volumes for FB.
Two resistance levels push down on value, and one support level holds the price high and shows strength. The higher band can work as resistance.
The Middle Bollinger Band can push down the value, and the Lower band pushes the price up.
If the price crosses the local resistance and stays above it for confirmation, we can open our long positions, aim for the next resistance, and use it as a TP point.
The RSI shows that FB is below the 50 levels, the center.
If you want to know how the RSI indicator works, take a look at this Educational Idea. It'll help you have better readings:
Current Market Price: $200.06
Let me know your ideas.
Good luck.
Meta
FB/META under $200 will be a stealIf FB/Meta gets under $200 again in the next week and maintains trend along with hitting support around $194-$192
If you believe in VR and the metaverse, here is your chance because I don't think we see these prices again.
First, you don't want to invest in facebook, for social media. You want to invest in Meta because of data collection.
Facebook built networks and collected data world wide, and I can only imagine what the data they've been collecting on VR will be worth to other companies.
I'd definitely recommend watching Mark Zuckerberg talk about the metaverse on Lex Fridman, if you want to learn more.
META [FACEBOOK], FBSimple Trade , Positional Trade
Hopeful We Can The "Fundamentals " To Push Us UP
With The Met Being Part Of The MetaVerse , That Enough Can Assure Us META We'll Recover
I Will Keep Updating This, But With Technical Analysis We Are Looking To Fill The Imbalance And Retest The Orderblock
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Buying Opportunity In Facebook (FB)Yesterday was an epic day for FB, posting a 4.61% gain amid heavy geopolitical tension.
Here are the key levels to watch for FB going into March’s trade:
GAP, $309.53 to $248.00
2020/2022 78% Retracement, $190.55
Here's the trade:
1) Buy $205-$208
2) Stop out point at $189.00
3) Profit target anywhere in the GAP. The conservative upside target is at $248.00
With a hard stop-out point beneath $190, this isn’t a bad place to buy in and play a return to the GAP.
Meta Platforms (NASDAQ: $FB) Touching 0.786 Fib Pre-Market! ♾️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.
SLP 4H head & shoulders!would not want to long this chart, bitcoin is at 43% dominance and looks ready to break below critical resistance. would not be surprised if we start next week in the red.
Free Speech For The Win. $DWACTrading within the channel continues. No shares available at the moment to short. Very risky going against the stock. Looking very Bullish in the immediate short term and long term. Of note, competitors $TWTR and $FB are down tremendous.
FACEBOOK (META) Price meet fundamentalThis platform is one of the most horrendous ,disgusting ,censored, corrupt ,dirty propaganda machine human did invented.We see a mass exodus from this platform and probably no sane human will use it in the near future.
Price finally meet fundamentals and this should collapse to zero. But first ..probably a dead cat bounce,the classical liquidity grab,then exit scam..
Target 1:zero!
Out of the 4 FANG stocks ,this i`m bearish at most and i dont think will ever recover!
Glad i did leave this platform years ago ,as I see ,things are even worse now !Absolute horrendous dogsh pile of turd !
Facebook as a shitcoin.
Short!
REKT.
"Facebook can't possibly go lower" ...right?Facebook NASDAQ:FB going lower was something many people did not expect on February 3rd, 2022 after the huge drop on earnings. I am afraid that many investors and traders did not pay heed to the words of one of my favorite investors Peter Lynch that "a stock can always go lower." Now price is grinding down those expecting a quick bounce. Let's look at this event as a teachable moment for price action as well as how to express options trades in high Implied Volatility using Vertical Debit Spreads.
FB in top 10 largest data privacy settlements in U.S. historyCould the Meta Platforms sell-off be anticipated?? You have some answers here:
You were wondering wondering how Facebook used to read your mind when it comes to advertising?
Today Facebook agreed to pay $90 million to settle a data privacy lawsuit over its ability to track users’ internet use even after they had logged off using cookies.
The lawsuit was filed in 2012.
and who knows how many others will come?
There is a strong support at $200, but i think the real buy area below it.
Looking forward to read your opinion about it.
Very oversold right nowRemember that facebook is run by mark zuckerberg, he's an alien lizard with superhuman iq. This in itself is bullish.
FB will have to reinvent itself, we will have to see if the metaverse is a success. But this stock is very cheap now and sentiment on all time low. Feel like this might bounce again.
$FB Key Levels Analysis & targets - Deep targets$FB Key Levels Analysis & targets - Target 1& 2 hit
Target 3 & 4 are on deck
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Facebook - METANice day to everybody,
I am preparing to entry.
Meta had quite strong, maybe panic reaction, after earning.
The reaction was really strong.
Now is gap between 320-250USD. This gap should be filled in the furute.
I am not entering now, but preparing for taking the position. I would like to see some accumulation around 200USD or a little bit less.
Whole stocks market is tricky and I would like to be more sure before entry.
Tip: you can see how gap works. It's like magnet, previsou gap was between 230-250 and now is filled.
Meta (Facebook) is this the bottom?Meta(Facebook): Is this the bottom?
So this is just done on the technical side of the analysis.
So let me give you my personal answer first off I think that when I look at the chart on a technical view this is not yet the bottom.
When We have a look at the zone that is drawn op in the chart in orange we can see that the price did go below that when we got the news of the bad numbers.
We can see that this zone was support and resistance in the past already.
Normally when we reach a zone like that we need to see what the price does here. For my personal experience there are 2 things that can happen now.
Either we get a break of the zone to the top side and we go up after that. We could also see a break and then first a retest of the zone. When it than is unable to go and break the zone we will see a good move up.
The other thing that I see that could happen is that we break the zone to the down side and that we after that could go up back to that zone but after is not able to break that zone. After we got a retest of the zone but not a break of the zone we could see a big pull to the down side. What I think could happen is that we will go down to the next big support that we can see in the chart.
What I think will happen is number 2. We can see that the price is now below the zone and that it already closed 2 times below that zone. It did go up a little today and did touch the zone but as long as the price is not able to close above the zone I see this price going down even more.
The one thing that we do can see now is that the price does seems to be at the 0,618 level of the Fibb.
When we look at the drops that we got in the past we can see that the last time we got a drop after earnings where there was about the same big volume traded was back in 25/06/2018. Then we got bad revenue.
We can see that the first time we got a drop of 21,39%. The total drop off that was 42,75% before we went back up again.
We did went into a bear market for this stock for 150 days. So it did take us a while before we got that.
What we can see now is that the price now already dropped about 26,62%. If now the same thing is going to happen here then we could see a drop even to the price for 185,14. So we could see a bigger drop but like the last time it could take us a while before we get to that level.
All of this data can be viewed by the data that is on the chart in white.
In conclusion:
I think that the price will drop even more now and that we can get this stock at an even better price. For now I will just wait and see what the bottom is that we can get here but for now I am not going to buy this stock.
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