Great buy swing opp on metaA great buy at the bullback on meta - great support and resistance plays. Not going for anything too risky. Just playing within the range
M1TA34 trade ideas
Meta Is Up 1%The first thing you notice is the 50 EMA.
the second thing you will notice is the 200 EMA.
Another thing you will notice the price is above the 50 EMA.
Also the price is above the 200 EMA.
Looking into the chart you will see that the price has gaped up
this is an important metric to notice.
Another thing you will see is that the price is in an uptrend.
This is one of my favourite stocks of 2023.
Why is Meta NASDAQ:META in an uptrend ?
Feel free to leave a comment on your thoughts.
Disclaimer:Do not buy or sell anything i recommend to you.
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$META - 15 MIN 2 steps for Bullish Scenario with T1S Indicator:
1. Candles Above the Green Line:
• Check that the candles on the chart are positioned above the green line of the T1S indicator. This could be an indication of bullish momentum.
2. Bars Above Zero:
• Ensure that the bars on the T1S indicator are above zero. This condition might suggest positive market sentiment or upward price movement.
2 steps for Bearish Scenario with T1S Indicator:
1. Candles Below the Green Line:
• Verify that the candles on the chart are positioned below the green line of the T1S indicator. This condition may indicate bearish momentum or a potential downward trend.
2. Bars Negative Below Zero:
• Confirm that the bars on the T1S indicator are in the negative territory and located below zero. This setup suggests a negative market sentiment or downward price movement.
TrianglePrice appears to be in the nose of a Symmetrical Triangle.
Almost like a vacuum the 2 lines converge when a symmetrical triangle forms. The one is unusually narrow at the apex which may indicate a break one way or the other soon.
Neutral until broken.
Targets in green are for a break to the upside with T1 in larger type than T2 and so on.
Orange type was calculated for a break to the downside.
No recommendation
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META: Double-top?Seems like the market is all over the place right now. This looks like a double-top for META and its approaching overbought territory along the current trendline. So, I'm guessing it goes down to around $306 by next week... we'll see from there...
buy meta in range of 315-325Meta was strong in last month correction, stock trading around lifetime high is considered as strong momentum stock.
higher high and higher low can be seen on daily chart , which makes it strong momentum stock.
Good to buy META at 315-325 range .
target expected 700-1000. in 1-2 year.
short term target 600
$Meta BEARISH IdeaBase on my Analysis. I am only waiting for 1 confirmation to short FB. Because of it unable to continue Bullish. And that confirmation is how price will disrespect the Bullish FVG. And provide new Bearish Order flow
META - LongMeta broke out above the 50 MA line last week. I believe it will likely continue to hold above it this week. I entered at 315 with a target of 325 for a swing trade. This is my first chart, so we'll see how it plays out. Please note that this is not financial advice.
How Far Can META Drop?Target range is 260-270 by 11/15/2023
- can go as low as 253
- expecting some accumulation in the 260-270 range before a bounce to 280 by end of November
- I'll send an update from there
Orange trajectory is the expected path to point target of 260
#1 Stock To Consider Even With Lack Of LiquidityHi its lubosi stocks,
and am here to show you why meta NASDAQ:META is a good buy.
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On my last post i made a mistake and reccomended starbucks NASDAQ:SBUX which later on gapped to the moon.
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This truly shocked me.
Trading is a dangerous game. Thats why you need to be always prepared to change your strategies when you need to.
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Its like playing cat and mouse with the stock market.
The most important thing is to not give up.
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and find a strategy that works for you.
Disclaimer:This is not financial advice.Do not buy or sell anything i recommend
do your own research before you trade.
This commentary is just for educational purposes only
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Meta Trend Reversal?Spotted a Butterfly pattern.
Trade on your risk.
Possible visit to the trend line.
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META - BEAR This was a nice confirmed move down and targets already Hit.
How it started
But whats more important is the no stops required on my structure entries on any product we trade go see my Crypto predictions.
...and this is all from just last week.
META has setup rather bearishMETA had a pretty good breakdown on it earnings and has retested nicely. Breaching below the 100-MA and has a rather large air pocket to the 200-MA. Plenty of good spots to put a stop loss.
META: Sell ideaSell idea on META as you see on the chart because we are in a trading range situation and also we have the breakout of vwap and the support line.Thanks!
META - Bearish LookMeta was not able to hold above the previous highs (higher time frame). The buyers ran out of fuel and it seems like sellers are taking over at least for now. Taking a short position to $275 area.
For me, its an OTM options on this trade, to keep my risk exposure as minimum as possible, while trying to gain the max profits from this opportunity. Beginning of December expiry to allow the price to mature, in case we get stuck in a chop.
META - Revisiting BreakdownPrice has come back to test the break zone that was created after earnings.
Bulls need a close above $312 to attempt a change in course and possible move to the top of the range else the double top looks likely to unfold.
A double top is a bearish technical reversal pattern that forms after an asset reaches a high price two consecutive times with a moderate decline between the two highs. It is confirmed once the asset’s price falls below a support level equal to the low between the two prior highs.
This pattern, resembling an ‘M’ shape, signals a medium or long-term trend change in an asset class. It’s important to note that it’s not always easy to spot because there needs to be a confirmation with a break below support.
While a double top is a bearish signal, its counterpart, a double bottom, is a bullish signal. A double bottom resembles a ‘W’ shape and indicates a potential bullish price movement following a downtrend.
In trading, these patterns are often used as signals to sell or enter short positions (in case of double top) or buy or enter long positions (in case of double bottom) in anticipation of market changes.
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 short to around $305My dowsing since yesterday is talking a lot about trading META. It was a long into $330, but this morning I'm getting maybe only $327.50, or that is a first stop on way to $330, so I'm not sure.
I get a reversal down and time of day to be aware of as 12:40-50 this afternoon (eastern).
So, if it's up at the zone and reversing, I'd especially watch that time. I only want to short this into tomorrow though as it's only suggesting a 2 day trade, so be aware of that.
There is a lot of attention being given to the date of Nov. 21st as well.
I also have a level of $286 if you like it lower longer, but there's still some suggestion of a daily up trend, so it could be a little bouncy.
META: Two situationsOn META as you see on the chart we have two situations. We will have an uptrend if only if we have the breakout with force the vwap and the resistance line by a big green candle with a large green volume. In other hand, we will have a downtrend if we have the breakout with force the support line by a big red candle with a large red volume.Thanks!
META - ITS TIME TO SHORTConsidering the current market conditions, there appears to be a favorable opportunity to initiate a short position for META. My analysis suggests that there is a potential for a reversal at this stage. As always, it is crucial to exercise caution and perform further research before making any investment decisions.
META | Bearish Divergence | SHORTNASDAQ:META
Price Target1: 276$
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.
pt 2 NVDA AAPL MSFT AMZN GOOGL META TSLA Price Forecastpart 2 NVDA AAPL MSFT AMZN GOOGL META TSLA Price Forecast
support and resistance guide
