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META PLATFORMS INC CEDEAR EA 24REP 1 COM CL A (USD)META PLATFORMS INC CEDEAR EA 24REP 1 COM CL A (USD)META PLATFORMS INC CEDEAR EA 24REP 1 COM CL A (USD)

META PLATFORMS INC CEDEAR EA 24REP 1 COM CL A (USD)

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METAD trade ideas

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.
NASDAQ:META
by MindOverMarket
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.
NASDAQ:META
by AxiomEx
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
NASDAQ:METAShort
by tofinse
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.
NASDAQ:METAShort
by DEXWireNews
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.
NASDAQ:META
by FXOpen
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