pt 2 TSLA NVDA AAPL MSFT AMZN META GOOGL Price ForecastTSLA NVDA AAPL MSFT AMZN META GOOGL Price Forecast
00:00 Rate hike Data, Sentiment Data, Earnings, Economic data
04:08 QQQ Forecast
10:28 Sp500 ETF analysis
13:40 Tesla Stock TSLA Forecast Technical Analysis
16:26 Nvidia Stock NVDA Forecast Technical Analysis
19:00 Apple Stock AAPL Forecast Technical Analysis
22:13 Amazon Stock AMZN Forecast Technical Analysis
25:22 Google Stock GOOGL Forecast Technical Analysis
27:04 Microsoft Stock MSFT Forecast Technical Analysis
29:23 Meta Forecast Technical Analysis
Meta
pt1 TSLA NVDA AAPL MSFT AMZN META GOOGL Price ForecastTSLA NVDA AAPL MSFT AMZN META GOOGL Price Forecast
00:00 Rate hike Data, Sentiment Data, Earnings, Economic data
04:08 QQQ Forecast
10:28 Sp500 ETF analysis
13:40 Tesla Stock TSLA Forecast Technical Analysis
16:26 Nvidia Stock NVDA Forecast Technical Analysis
19:00 Apple Stock AAPL Forecast Technical Analysis
22:13 Amazon Stock AMZN Forecast Technical Analysis
25:22 Google Stock GOOGL Forecast Technical Analysis
27:04 Microsoft Stock MSFT Forecast Technical Analysis
29:23 Meta Forecast Technical Analysis
TSLA NVDA AAPL MSFT AMZN META GOOGL Price Forecast00:00 QQQ Forecast
05:58 Sp500 ETF analysis
07:58 Tesla Stock TSLA Forecast Technical Analysis
10:20 Nvidia Stock NVDA Forecast Technical Analysis
13:37 Apple Stock AAPL Forecast Technical Analysis
15:16 Amazon Stock AMZN Forecast Technical Analysis
17:16 Google Stock GOOGL Forecast Technical Analysis
18:46 Microsoft Stock MSFT Forecast Technical Analysis
19:55 Meta Forecast Technical Analysis
pt2. TSLA NVDA AAPL MSFT AMZN META GOOGL Price Forecast00:00 QQQ Forecast
05:58 Sp500 ETF analysis
07:58 Tesla Stock TSLA Forecast Technical Analysis
10:20 Nvidia Stock NVDA Forecast Technical Analysis
13:37 Apple Stock AAPL Forecast Technical Analysis
15:16 Amazon Stock AMZN Forecast Technical Analysis
17:16 Google Stock GOOGL Forecast Technical Analysis
18:46 Microsoft Stock MSFT Forecast Technical Analysis
19:55 Meta Forecast Technical Analysis
META Strong Falling Wedge bullish break out.Meta Platforms, Inc. / META got rejected last time exactly where we wanted to (see chart at the bottom of the analysis) and hit the bottom of the Triangle pattern, which is where we wanted to buy.
The price broke today over the 1day MA50, which was the pivot level inside the Channel Up pattern.
Based on the previous rebound, this is the start of the new bullish wave to to the top of the Channel Up.
The 1day rebounded on Support A, which is where the previous Channel Down Low was priced.
Buy on the closing of the next 1day red candle. Target 335.00 (+20.50% rise).
Previous chart:
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META - ITS TIME TO SHORTConsidering the current market conditions, there appears to be a favorable opportunity to initiate a short position for META. My analysis suggests that there is a potential for a reversal at this stage. As always, it is crucial to exercise caution and perform further research before making any investment decisions.
META | Bearish Divergence | SHORTNASDAQ:META
Price Target1: 276$
Price Target2: 265$
15th Dec PUT Options
Trend Analysis: The stock has been in an upward trend (bull market) for a considerable time, as indicated by the rising price action and the rising Relative Strength Index (RSI) line. However, this upward trend seems to have reversed recently, indicating the start of a bear market.
Bearish Divergence: The chart points out a bearish divergence, which is a technical signal indicating potential trend reversal. A bearish divergence occurs when the stock price hits higher highs, but the RSI does not confirm these highs (i.e., the RSI makes lower highs). This suggests that the upward momentum might be weakening.
Volume Profile: The volume profile on the right side shows the price levels at which the most trading occurred. The wider the horizontal bars, the more trading volume occurred at those price levels. These levels can act as support or resistance in the future.
Price Decline: There are two significant price declines highlighted in the chart, with percentage drops annotated. The stock faced a steep decline, losing a significant portion of its value during those periods.
RSI Levels: RSI values above 70 typically indicate that a stock might be overbought (potentially overvalued), while values below 30 suggest it might be oversold (potentially undervalued). The chart showcases moments when the RSI crossed these thresholds.
Predictions:
The highlighted bearish divergence and subsequent price drop might be a warning to traders and investors about potential future declines.
The question mark implies uncertainty or a need for decision-making regarding the stock's future direction.
The bear market label suggests a prediction or declaration that the stock has entered a downward trend.
TAke profits from longs on Meta Sure, here's the analysis of Meta (formerly known as Facebook) based on the information you provided:
Stock Performance: Meta has recently experienced a stock price increase of over 160%. This is a significant rise and may indicate that investors were enthusiastic, and the stock's performance exceeded typical expectations. This is an important factor that can impact the future stock price.
Overbought Zone: Your mention of a mildly overbought condition on the weekly chart is important. The Relative Strength Index (RSI) is a useful indicator for identifying overbought or oversold conditions in the market. If RSI reaches values above 70, it can signify that the stock is overbought and may be due for a correction.
Bearish RSI Divergence: The formation of a bearish RSI divergence on the daily chart is a crucial signal. A bearish divergence suggests that the strength of the uptrend is weakening and could be the beginning of a reversal. This is an important signal for technical analysts, indicating a potential price decline in the future.
Profit-Taking: Meta has seen substantial growth since its last decline. When investors witness such significant growth, they may be inclined to start taking profits. This can lead to increased selling of shares and a decline in the stock price.
Based on this information, it might be expected that the price of Meta's stock could decline in the near future. However, it's important to note that financial markets are unpredictable and can be influenced by many other factors, including news, geopolitical events, and market trends.
It's important to consider that investing based on technical analysis is just one of many approaches to investing. Before making any investment decisions, it's advisable to consult with a financial advisor and consider all available information about the company and the market.
META Is it a buy again?Two months since we gave a successful buy signal (see chart below) on Meta Platforms (META) and the stock is yet again found after an aggressive selling sequence:
The (almost) 12-month long Bullish Megaphone may be still intact but this time the price dropped below both the 1D MA50 (blue trend-line) and the 1D MA100 (green trend-line). It is however approaching not just the bottom (Higher Lows trend-line) of the Bullish Megaphone, but also Support 1 (274.50).
What makes Meta a strong buy already is that the 1D RSI entered the Buy Zone, which is the area within the bottom of its Channel Down and the Support. As long as the 1D MA200 (orange trend-line) holds, buying some here and the rest at the bottom of the Bullish Megaphone is the most optimal approach for the medium-term.
As you can see, the price action follows very distinct time Cycles (dashed curves) and right now the new one is about to begin. Our target is the $384.50 All Time High of September 01 2021.
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part 2 NVDA AAPL MSFT AMZN GOOGL META TSLA Price ForecastNASDAQ:NVDA NASDAQ:AAPL NASDAQ:MSFT NASDAQ:AMZN NASDAQ:GOOGL NASDAQ:META NASDAQ:TSLA Price Forecast
00:00 Economic Data Psychology, AAII Sentiment Data, Earnings, Fear & Greed Index
04:00 QQQ Stock Price Forecast
07:18 Sp500 ETF Price Forecast
11:43 Tesla Stock TSLA Forecast Technical Analysis
13:45 Nvidia Stock NVDA Forecast Technical Analysis
15:48 Apple Stock AAPL Forecast Technical Analysis
17:02 Amazon Stock AMZN Forecast Technical Analysis
20:03 Google Stock GOOGL Forecast Technical Analysis
24:42 Microsoft Stock MSFT Forecast Technical Analysis
27:19 Meta Forecast Technical Analysis
NVDA AAPL MSFT AMZN GOOGL META TSLA Price ForecastNASDAQ:NVDA NASDAQ:AAPL NASDAQ:MSFT NASDAQ:AMZN NASDAQ:GOOGL NASDAQ:META NASDAQ:TSLA Price Forecast
00:00 Economic Data Psychology, AAII Sentiment Data, Earnings, Fear & Greed Index
04:00 QQQ Stock Price Forecast
07:18 Sp500 ETF Price Forecast
11:43 Tesla Stock TSLA Forecast Technical Analysis
13:45 Nvidia Stock NVDA Forecast Technical Analysis
15:48 Apple Stock AAPL Forecast Technical Analysis
17:02 Amazon Stock AMZN Forecast Technical Analysis
20:03 Google Stock GOOGL Forecast Technical Analysis
24:42 Microsoft Stock MSFT Forecast Technical Analysis
27:19 Meta Forecast Technical Analysis
META: SHARK detected.META: SHARK detected.
The numbers were good, but the interpretation of the numbers is wrong. The “Christmas Rally is coming soon??
In any case, technically we should go back to the bull market.
To watch:EMA.50 ($310) and 200 ($290),
and LEVELS : Ichimoku, Bollinger, Fibonacci. Happy trading to all.
Despite Strong Report, META Shares Fall 3%Like Google, META demonstrated that the price can fall if the quarterly report is better than expected:
→ Earnings per share: actual = USD 4.39, expectation = USD 3.63.
→ Revenue: actual = USD 34.15 billion, expectations = USD 33.56 billion
→ Number of daily active users: fact = 2.09 billion, expectation = 2.07 billion according to StreetAccount.
META's share price initially rose in post-market trading but then reversed course and fell more than 3% following cautionary comments from CFO Susan Lee about the impact of military conflict in the Middle East on the advertising market.
Thus, the META stock price may have received a bullish boost from the psychological level of USD 300, but it is possible that it will receive a bearish one because the opening price on Thursday could be around USD 290.
In the analysis of the META share price on October 3, we paid attention to the candle from July 27, when the high of the year was formed — then, extremely high volumes were recorded on the NASDAQ exchange. They can be interpreted as the desire of large players to fix profits from long positions.
Since then, the price has updated its high of the year around the USD 325 level, but this update turned into a classic bear trap. Thus, a large-scale double top pattern has formed on the chart, which will most likely lead to a bearish breakout of the ascending channel (shown in blue).
When a breakout occurs, a gap will likely form, which can serve as resistance. The bulls may be given hope by the level of USD 175 per share, which previously supported META shares.
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.
#META looking rather precarious. META released a decent set of results last night, but trade action post market is very weak which makes me think there is a scenario where it could be headed as low as R240 to meet the Rising 200wma and previouys level of support at approx R245.00.
Stock recently made a new high which was not confirmed by the RSI forming a lower high (bearish divergence). I would becareful of buying this thing too soon as i think further weakness is most likely on the horizon in the metaverse!
META | Day trading | 10-24-2023NASDAQ:META
Trend & Moving Averages:
The stock has been in a clear downtrend for the majority of the visible period, as demonstrated by the lower highs and lower lows.
The stock price has been consistently trading below the orange and blue moving averages, reaffirming the bearish sentiment.
More recently, there seems to be an attempt at a reversal as the stock begins to trade above the moving averages and shows a pattern of higher highs and higher lows.
Support & Resistance Levels:
Bearish Line at 312.90 USD: This line seems to act as a recent support, where the price has bounced from it before. If the stock breaches this level going downward, it might continue its bearish trend.
Bullish Line at 317.36 USD: This is a significant resistance level where the price has struggled to break above.
Target Price 1 at 307.69 USD: This is the next significant support level below the bearish line, where the price might aim if it continues the bearish movement.
Target Price 2 at 321.15 USD: This is the next resistance level above the bullish line. Breaking above this level could further solidify a bullish trend.
Volume:
The trading volume is shown at the bottom of the chart. Notably, there seems to be a spike in volume during the bullish movement, suggesting increased buying interest.
Potential Reversal:
As the stock price begins to trade above the moving averages and starts forming higher highs and higher lows, this could be indicative of a potential trend reversal from bearish to bullish. However, it's crucial to monitor if the stock can maintain its position above the moving averages and break above the resistance levels to confirm this.
Ichimoku Cloud:
The stock is currently trading below the shaded area, which is typically seen as a bearish sign. However, it is inching closer to the cloud, suggesting potential bullish momentum if it can break and maintain above it.
To summarize, while the stock has shown a bearish trend for the majority of the visible period, there are recent signs of potential bullish momentum.
META: Buy on the Channel's bottom.Meta is having a strong turnaround day after 7 sessions of decline inside the two month Channel Up. The 1D technical outlook is neutral (RSI = 53.876, MACD = 3.900, ADX = 28.237) and as the RSI S1 (46.50) is holding, today is a strong buy opportunity to target the Channel's top (TP = 345.00). If it drops more, we will make one last buy attempt at the bottom of the Channel Up, marginally over the 1D MA100.
See how well our prior idea has worked:
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Want to Buy Meta Platforms Stock? Be Prepared for a Bumpy RideMeta Platforms generated good revenue growth last quarter, but its earnings are still down through through the first half of 2023.
Meta Platforms (META -1.33%) has benefited from increased ad activity on its platform. The company has been delivering some improved growth numbers of late, and investors have become bullish on the tech stock this year. Shares of the company are up almost 160% year to date.
But before you think about jumping on this bandwagon, you should prepare yourself for some volatility in the future.
The metaverse will be a drag on earnings for years
The big problem with Meta always leads back to the metaverse and its Reality Labs business. It doesn't generate much money, and it may never be a significant part of the company's operations. So far this year, the company's Family of Apps segment, which includes popular social media apps Facebook, Instagram, and WhatsApp, has generated over $60 billion in revenue. Reality Labs, by comparison, has brought in $616 million.
That might seem reasonable for a new business, but consider that it has also incurred $7.7 billion of losses in the same period. Meanwhile, the Family of Apps business, which posted $24.4 billion in profit, has allowed Meta Platforms to remain in the black. But on a year-over-year basis, overall operating income of $16.6 billion is down 2%.
And this is with the company's core business doing well. Should its core operations struggle, the bottom line could seriously falter. And investors shouldn't forget the company continually warns that operating losses from Reality Labs will "increase meaningfully year-over-year due to our ongoing product development efforts."
Meta Platforms could make for a volatile investment
If not for Reality Labs, Meta's business would be promising. But as long as that's going to be a key part of its growth strategy, investors should brace for volatility. Meta's growth rate jumped last quarter, but it still faces significant competition like TikTok. And if its Family of Apps business can't generate earnings growth at a faster rate than Reality Labs is incurring losses, the sell-off the stock saw in 2022 could return.
Meta is a risky stock to be holding with its valuation at these levels. and it will require the company's Family of Apps business to be firing on all cylinders for it to continue to draw in growth investors. A big test will come later this month when the company reports its latest round of earnings
META Platforms Options Ahead of EarningsIf you haven`t sold META when ARK did here:
or entered the dip here:
Then analyzing the options chain and the chart patterns of META Platforms prior to the earnings report this week,
I would consider purchasing the $317.50 usd strike price Calls with
an expiration date of 2023-10-27,
for a premium of approximately $10.30.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
NVDA AAPL MSFT AMZN GOOGL META TSLA Price Forecast00:00 Economic Data, AAII Sentiment Data, Earnings, Fear & Greed Index
02:59 QQQ Stock Price Forecast
07:08 Sp500 ETF Price Forecast
08:59 Tesla Stock TSLA Forecast Technical Analysis
11:09 Nvidia Stock NVDA Forecast Technical Analysis
12:35 Apple Stock AAPL Forecast Technical Analysis
14:52 Amazon Stock AMZN Forecast Technical Analysis
16:40 Google Stock GOOGL Forecast Technical Analysis
17:43 Microsoft Stock MSFT Forecast Technical Analysis
18:36 Meta Forecast Technical Analysis