$META - Losing momentum. All eyes on ER.NASDAQ:META is losing momentum. Oscillators are currently trending down. The company better bring a blowout quarter on April 24th ER or it risks filling the gap and checking back to that multi-year trendline. 👀by PaperBozz0
Meta aims to rival OpenAI with advanced AI tools. Idea 22/04/24Meta Platforms Inc. is ramping up its efforts to compete with AI industry leader OpenAI by launching early versions of its latest large language model, Llama 3, and a real-time image generator. These advancements are part of Meta's strategy to enhance its presence in the AI space, integrating these technologies into the Meta AI virtual assistant. This assistant is touted as a highly sophisticated, free alternative in the market, excelling in reasoning, coding, and creative writing tasks. Further integration of the AI assistant is planned across Meta's suite of applications, including Facebook, Instagram, WhatsApp, and Messenger, as well as a new standalone website, significantly broadening its user interface. Looking at the investment potential, here is the technical analysis for Meta Platforms Inc. (NASDAQ: META): The Daily (D1) timeframe shows established resistance at 512.20 USD and support at 487.15 USD. The stock is currently experiencing a correction after pausing its uptrend, with prices yet to touch the global support line. If the stock price rises above 487.15 USD again, it is expected to resume its upward trend. Conversely, a fall to 452.50 USD may be imminent if the downtrend continues. Investors might consider buying the stock once it reclaims the support level at 487.15 USD, with a short-term target of 530.00 USD in view. For those with a medium-term outlook, holding a long position up to 550.00 USD could be advantageous. — Ideas and other content presented on this page should not be considered as guidance for trading or an investment advice. RoboMarkets bears no responsibility for trading results based on trading opinions described in these analytical reviews. The material presented and the information contained herein is for information purposes only and in no way should be considered as the provision of investment advice for the purposes of Investment Firms Law L. 87(I)/2017 of the Republic of Cyprus or any other form of personal advice or recommendation, which relates to certain types of transactions with certain types of financial instruments. Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69.88% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.by RoboMarkets0
$META Bloodbath continues Friday 4/26The 10D chart continues to show significant signs of breakdown after the 13 count. The next 10D candle begins on Friday 4/26. This candle looks to be the start of another leg down towards the 20d SMA around $400. Easy money here. a $100 Move from $500 to $400. Good Luck out there. Shortby TazmanianTrader0
Meta Meta is looking like its in phase c of a #wyckoff Distribution top. A Large Ripsaw is at play with a low at 70. #meta NASDAQ:META #facebook #stockmarket #investor Shortby awakensoul_369114
$META 13 Count ending Friday April 12th9-13 Reversal Possible. If Price Action remains stable, the 13 count 10D candle will end on Thursday, April 11th. For now, stay patient while price chops around this area. Loses $500, will head for 480s. Hourly suggests a pullback to $498 based on MACD plateau. by TazmanianTraderUpdated 0
NYSE > short > METABased on my graphic analysis I observe a bearish projection reaching minus 11% in the price of this corporation, that is; from $481 it will drop to $427. With a buy exit emerging at $523, it is worth remembering that the exact time the decline will take is unpredictable, the market will simply do its job. We can mention that it will happen within the next 15-20 days from this post! REFERENCES: * Green line: emergency exit price: $523 = -9% * Red line: selling price (position) $481 * White line: profit $427 = +11% However, it is important to remember that these marked lines must be respected. If the price goes up 3 to 5% after you execute the position, don't try to improvise and change everything. The movement could return to the initial direction and you will be left frustrated! "Sitting quietly and waiting for the operation to develop most of the time will allow you to earn much more money. That is, sit in the stands and enjoy the spectacle that the bull will present to you, control your emotions, since the biggest enemy of "The time to invest is yourself" As for capital management, I leave it to my personal discretion knowing that we must always have money flowing and remain firm in the market. Greetings and I hope you take advantage of this good negotiation opportunity! > Josias Baltazar.nShortby JARTRADING22
Buy Low, Sell High: Meta and Nvidia's Opportunity NowBuying NASDAQ:META and NASDAQ:NVDA : Balancing Risk and Reward Despite the recent market downturn, the long uptrend and strength of Meta and Nvidia remain intact. While short-term market fluctuations may present challenges, the long-term growth potential of Meta and Nvidia outweighs the current market volatility. Risk-Reward Profile: While investing in any stock carries inherent risks, the risk-reward profile for Meta and Nvidia appears favorable at current levels. Despite short-term losses, utilizing volatility to compute a close stop-loss level can effectively manage risk in this negative environment while leaving ample room for potential gains. This strategy, frequently employed by seasoned traders, maximizes opportunities in turbulent markets. Stop level: 480 Weekend Factor: However, it is important to keep in mind the negative exposure to war-related news associated with any long trade carried before the weekend. There's no guarantee that Monday's open will align with or exceed the stop level, potentially resulting in larger losses than anticipated. Therefore, investors should carefully assess their risk tolerance and adjust their positions accordingly. *************************** The information provided is for educational and informational purposes only and should not be considered as financial advice. Investing in stocks carries risks, and individuals should conduct their own research or consult with a financial advisor before making investment decisionsLongby CF_444Updated 1
Big week ahead for $META. Will they beat or miss earning? Big week ahead for NASDAQ:META Q1 Earnings out Wednesday after market close 🕖 Will they beat or miss earning? 🤔 Will the earnings gap get filled?by JK_Market_Recap0
META gap supportRSI divergence for last two peaks. RSI not over sold yet. Before the earnings #META might test gap support 450 ish by dreamTrades01221
META: Is it the top or one more high leftTechnically META top could be in. Like NVDA, it can keep sliding until a critical support level breaks and waterfall ensues. However, the last wave 5 of 5 did not quite end in a blow off top type fashion; something you would expect from a major primary degree top. There was however, significant RSI bearish divergence on the daily timeframe, that tells us it was some kind of a top. I am not sure if it was a wave 5 of 5 top or a wave B or 4 type of top on the minor degree. One way to tell would be for $460 - $450 support to hold. If that does not hold and stock slides to fill the large gap, then that weakness would be very difficult to overcome and one thing would lead to another thing and next thing we know, price will be in the 200s. So, that is my line/zone on the sand. This is however, a bit scary to stay long and potential upside is limited at the moment. It is better to see how things play out and eventually not in a distant future, there will be a great opportunity like late 2022 to get in this stock for a really life changing growth.by mukit10
META / FACEBOOK SELL META SELL SIGNAL SELL ENTRY - $494 SL - $519 CURRENT PRICE - $481 OBV volume trending down. Shortby SpecuVisionary2
Meta Platform, Inc trading X Right Prices for next week: Meta Platform, Inc trading X Right Prices for next week: $494.93 $500.06 $501.63 $503.69 $506.32 $516.39 $521.93 First Distribution: $526.11 Follow by a new support over Week 2, April, $526.36. After mid Retest : Accumulation price: $540.60. = Advance stage confirmation after a final retest follow by 1 confirmation of price above $540.Shortby Skill-Knowledge-Conduct0
Meta Platform Descending completed.Meta Platform Descending completed. Lets breakdown the accumulation prices first: Then, Retest at $503.88. Next: $521.44 $527.50 $534.83 Follow by $535.91 $540.01 $543.49 $548.63 $550.45 $556.33 $561.97 $567.35 $573.39 $581.69 $587.03 $593.87 Shortby Skill-Knowledge-Conduct0
META eyes on $489.06: Golden fib, Double Top? or Pop to 564 ?META is pounding on a Golden Genesis fib at 489.06. Notice the bottom EXACTLY on a Golden fib at 87.47. Also see the peak at 198.47 and orbit around 309.57. It is PROBABLE that we orbit this fib a few times. It is POSSIBLE we have topped, at least temporarily. It is PLAUSIBLE that it breaks and pops to the next fib. Here is a full view and explantion of the Genesis Sequence: ==================================================================================================by EuroMotifUpdated 2220
META: Buy ideaBuy idea on META as you see on the chart if only if we have the breakout with force the resistance line and the vwap indicator by a big green candle follow by a large green volume! Thanks!Longby PAZINI192
Meta Earnings mid next week.. Sitting here on support of channel from last earnings gap up. Over next few days i expect Meta to rebound to atleast 510.. a break over 510 and or that minor channel (White lines) and meta heads back to 520.. Long term i think this stock is headed for a major correction Bearish divergence On RSI has been playing out for last 2 months.. Bearish divergence is just a Condition, You a need a trigger for the sell and earnings just may do it ! Long to 510 , over 512 and it heads to 520... Longby ContraryTrader2211
Meta Platforms, Inc updated X Right Price forQuarter 2, 2024Meta Platforms, Inc updated X Right Price for Quarter 2, 2024: New Support = $514.71 follow by $517.13 $520.02 $522.12 Retest require from here at $514 area before make a higher price as mentioned below. After the Retest expecting the following prices: $527.27 New support over March = $531.69 $544.13 $547.79 $551.76 $556.92 $563.66 $567.51 $568.10 Market will take a break from here. Expecting Retest key level area at $ $523.693 before making higher level. Shortby Skill-Knowledge-Conduct0
META - Long - TP 358Meta showing the tendency to go further higher to the levels of 358. The stock is expected to hit the levels of 300 or even to 269 before moving to 350+.Longby Investing_TradingUpdated 2211
META: TikTok-Induced Correction Afoot It looks like NASDAQ:META has found a meaningful top as more technical signals agree a short setup has formed. Three significant trendlines have been broken, and today a significant fib retracement level was neatly rejected as TikTok drama continues its inevitable path of escalation. It's tempting to immediately target the gap below, but there is a POC on the 4H that is perfectly confluent with the .786 fib retracement level that I would expect to act as a strong support level temporarily. Technicals aside, META will certainly get caught in crossfire of some sort from further regulation of social media. Social media companies will likely struggle in sympathy as the situation continues maturing. With an extraordinarily overheated macro backdrop, and an incredibly delicate geopolitical landscape, NASDAQ:META is liable to be put under additional pressure on its decline.Shortby LamboSoupUpdated 113
Meta Platform Inc April X Right PricesMeta Platform Inc April X Right Prices: As Expected on my previous chart now lets tidy up the numbers while Retest is happening! We first calculate the X - Right Price for March and week 1, April 2024 as Retest will finish before week 3 arrive and the reason we do this is simply April support was confirmed over the March. Lets breakdown! The retest must hold within the key level of $504.84 , $501.92, possibly will need to go to $494.39, $489.67 as April made March a support but left without making a correct retest. We now calculate prices for whole March only, which will be as follow: New support = $535.56 Follow by $538.50 $541.37 $546.07 Follow by $547.96 Execution Price = $550.24 , $553.63, $552.20, $554.86 Distribution price = $562.95 Shortby Skill-Knowledge-Conduct0
META PUTExpecting the price to test $508 zone and drop even further to $490 and $484 demand areas, as the price is seemingly showing early trend reversal signs.Shortby Jakh_FX2
Meta Platforms, Inc, X Right Prices for April, 2024Meta Platforms, Inc, X Right Prices for April, 2024: Overall look bullish as market arrived at the advance Stage we just need to calculate the distribution prices: Don't get to excited yet as we have 2 area to cover for lower price before making to the distribution. Retest needs to hold within the key level of $505.75 otherwise it will need to go to $489.93. As some incorrect data was left during early April and end of March period. Once one of the are corrected then expect the following Prices: Next Support = $536.05. $540.46 $549.76 $551.25 $555.04 Execution Price = $569.96, $574.57 Follow by $578.06 Distribution Price = $580.67 Follow by $585.05 Shortby Skill-Knowledge-ConductUpdated 6
Meta Platforms, Inc. (META) Technical Analysis.Meta Platforms, Inc. (META) exhibits a compelling uptrend within a well-defined bullish channel, as observed on the hourly chart. The price action, confined within this ascending channel, points towards a consistent bullish bias, complemented by the recent rebound off the channel's lower boundary. Channel Dynamics: The ascending channel, marked by parallel trendlines, encapsulates the price fluctuations and serves as a guide for potential support and resistance zones. The lower boundary of the channel has successfully provided support, prompting rebounds on multiple occasions, while the upper boundary has capped upward movements, offering resistance. Fibonacci Retracement Levels: A Fibonacci retracement applied to the swing high and low reveals that price retracements have found support near key Fibonacci levels. The 61.8% retracement level, often referred to as the 'golden ratio', appears to align closely with the lower channel support, enhancing its significance. Relative Strength Index (RSI): The RSI indicator hovers around the 70 mark, indicating strong momentum but also approaching overbought territory. It is pivotal to monitor for any divergence that might suggest a weakening in the current trend's strength. Volume Analysis: Volume patterns display a healthy mix of buying and selling, with no significant anomalies to suggest a reversal is imminent. Spikes in volume correlate with key moves in price, affirming the validity of the trend. Market Sentiment and Forecast: The robust structure of the ascending channel, in conjunction with the RSI and volume analysis, posits that META is poised to continue its climb, with potential resistance at the upper channel boundary. Traders might anticipate pullbacks to the lower channel line as buying opportunities, while mindful observation of RSI levels and volume spikes could signal when the trend may be overextended. Trade Strategy: A prudent approach might involve setting buy orders on retracements to significant Fibonacci levels with stop losses just below the channel support. Profit targets could be set near the upper channel line or upon RSI indications of overbought conditions. Conclusion: Meta Platforms, Inc. presents a technical posture that favors continued upside, underpinned by the current price channel formation and supported by momentum indicators. Traders should remain vigilant for any signs of trend fatigue and prepare to adjust strategies accordingly should the technical landscape evolve.Longby AxiomEx3