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META PLATFORMS INCMETA PLATFORMS INCMETA PLATFORMS INC

META PLATFORMS INC

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META trade ideas

Possible Falling Wedge on METAHey Guys! I am still learning how to identify common chart patterns and potential plays, so I would love some feedback :) I see a falling wedge pattern here in META that I think will bounce back off demand and if it plays out like a traditional falling wedge, should break the upper channel to at least 1st supply/resistance zone in the chart. What are your thoughts? This could be a nice easy play if it goes the way I think it might. -Pineapple Options Trading
NASDAQ:META
by soulutionist
1
META Reversal Incoming (1D)META Daily Price Chart META has been in a relatively straight uptrend since bottoming out in November of 2022 but has recently just touched a level of high resistance with increased selling volume. This rally has come with the three gaps theory (Highlighted White) beginning with the breakaway gap in February 2022 and ending with the exhaustion gap back in July; both verified with increased volume. Following this theory the first sign of a reversal is the exhaustion gap being filled, which has just happened, however it's not a definitive sign. This is accompanied by another small break in the major trend line (Yellow Solid) and the first close below the 26-day EMA on 8/11 since the rally started. The EMA's are beginning to curve down (12-day) or flatten out (26-day and 50-day), so if we do get a 26-day / 50-day cross the targets below (Light Green Boxes) will cine into play. Relative Strength Indicator Most notably on the RSI is the recent bearish divergence (Aqua Solid), but this also occurred in the months prior and did not break down, why? Price action never broke below even the 12-day EMA and the RSI's second peak was above the 70 level while remaining elevated afterwards (Highlighted Aqua) indicating the strength of the trend; the higher the RSI the stronger the trend. The most recent bearish divergence saw the second peak of the RSI top out just below the 70 line and move lower to touch the 50 line; so do we break down? A bounce is definitely possible, which would also most likely push the price action to form a head and shoulders here, however this is the longest time in the history of META that RSI has remained above the 50; After checking, the only time it comes close is when multiple spikes below the 50 are present. The argument here is for a break below the 50 and strengthening the chance of a change in direction. On Balance Volume OBV has been in a upwards channel since March and has offset the prior bearish RSI divergence with using it's peak as support (Aqua Solid), which has just occurred again in the past several days. These small support levels also accompany a new a high made back in July, but has since fallen below it. If it does push higher it's technically in a "price discovery" environment, but with the factors above taken into consideration a signal of a reversal should be imminent; target supports (Light Green Boxes) are outlined below if this happens. TDLR; Why read the book when you can Google the sparknotes amirite? Seems Legit. Anyway, price action has completed a third gap (exhaustion) and has pushed lower to fill it (not a reversal conformation). EMA's are beginning to curve down or even out and the price has it's first close below the 26-day (on 8/11) since the rally began in Feb 2022. RSI has formed a another bearish divergence after previously failing to abide by the laws of bearish divergence; we swear it's going to work this time. It's also notable that this is longest length of time that the RSI has remained above the 50 level; like, not even a spike down, deng. OBV on the other hand is chugging along in it's channel like nothing is wrong using previous peaks as supports and has even made a new high. What Seems Legit? A reversal soon, if not from the most recent bearish divergence then possibly from a head and shoulders pattern. Basically looking for everything to break down at the same time, but a small is possible since the indicators are a bit mixed. The price is wrong Bob, come on down. Chart Key Yellow Solid = Major Trend Line Red Solid = Major Support or Resistance Aqua Solid = Divergences Red Box = Resistance Green Boxes = Supports / Target Areas White Highlighter = Gaps Aqua Highlighter = RSI divergence post peak comparison
NASDAQ:METAShort
by Seems_Legit_Research
2
META: Navigating the Path to a Trillion-Dollar ValuationCrossing the elusive trillion-dollar valuation threshold is no small feat. As it stands, only a handful of corporations globally have achieved this remarkable milestone. The anticipation surrounding which companies might ascend to join this prestigious club adds an extra layer of intrigue to the financial landscape. Among the contenders vying for a spot are familiar names: Berkshire Hathaway, Tesla, and Meta Platforms (formerly known as Facebook). With valuations ranging from $760 to $780 billion, these players are in the spotlight, each carrying its unique narrative. In this exclusive race, I am resolutely bullish on Meta Platforms as a prime candidate to breach the trillion-dollar mark. While the company has grappled with its share of challenges, a calculated strategic shift and resilience in its core operations position it as an appealing investment opportunity. However, the question persists: should investors seize the moment and dive into Meta's stock? Let's embark on a closer examination. Meta Platforms, undergoing a transformation from Facebook, occupies a distinctive niche in the market. A pivotal move in late 2021 saw the company rebrand as Meta, signaling a resolute pivot towards the metaverse. This strategic shift translated to hefty investments in its Reality Labs division. Yet, these endeavors have encountered turbulence. Since the fourth quarter of 2021, Reality Labs has generated a substantial $3.65 billion in sales. Unfortunately, this has been overshadowed by staggering operating losses amounting to an eye-watering $18.14 billion. This concerning operating profit margin raises valid concerns, especially in light of the absence of evident signs of recovery. The most recent data reveals that second-quarter revenue in 2022 amounted to a modest $276 million, marking a notable low over recent years. On a brighter note, the heart of Meta's revenue engine operates like clockwork. The Family of Apps division, encompassing Facebook, Instagram, Messenger, WhatsApp, and the emerging Threads, thrives on advertising revenue. In the second quarter, this segment exhibited a robust 12% year-over-year growth, surging to a substantial $31.7 billion. Notably, it achieved an operating profit of $11.2 billion, effectively mitigating the challenges faced by the beleaguered Reality Labs division. So, how does Meta Platforms align itself to reach a trillion-dollar valuation? CEO Mark Zuckerberg has laid his cards on the table, spotlighting 2023 as the "Year of Efficiency" for Meta Platforms. This vision manifests in streamlined workforce strategies and resource reallocation from lower-priority initiatives. The results are palpable, reflected in Meta's improving operating margin across recent quarters. This impressive upward trajectory marks a resounding rebound from the depths of the fourth quarter of 2022. Meta's meticulous focus on operational efficiency proves to be a catalyst in driving profitability, thereby propelling it towards the coveted trillion-dollar mark. Over the past five years, Meta has maintained an average price-to-earnings (P/E) ratio of around 25. This figure serves as the foundation for our baseline valuation as Meta approaches the trillion-dollar milestone. As depicted in the chart below, the company's current positioning significantly surpasses this threshold. However, forward earnings projections, based on analyst consensus, hover just below this mark. This intriguing dynamic suggests Meta retains ample room for multiple expansions in the upcoming year, indicating potential for a significant valuation increase as operational efficiency drives improved financial performance. Looking ahead to 2024, Wall Street analysts hold a consensus projection of $15.25 in earnings per share (EPS) for Meta. Presently, the company trades at a valuation roughly equivalent to 20 times the anticipated 2024 earnings. Should Meta realize the projected EPS of $15.25 and close the year with a valuation of 25 times earnings, this scenario points to a promising 25% surge from the present stock price. Applying this projection to Meta's current market capitalization yields an estimated valuation of $981 billion by the end of 2024. While it might not yet breach the trillion-dollar mark, this projection creates a solid foundation for Meta to confidently surpass that milestone by 2025. Moreover, with a projected 25% upside from the present until the conclusion of 2024, Meta emerges as a compelling prospect. Consider also the potential for Meta to exceed earnings expectations or command a higher valuation multiple. In these scenarios, Meta could feasibly achieve a trillion-dollar valuation as early as 2024. This underscores the allure of investing in Meta, driven by both projected growth and the possibility of positive surprises on the horizon. As Meta navigates its path forward, the prospects are tantalizing, inviting investors to join the journey towards a trillion-dollar valuation.
NASDAQ:METALong
by FOREXN1
14
Meta - To Long, Or To Short?I have to say that Meta is one of the hardest charts that exist to read right now, mostly because for 9 straight months, an unprecedented feat in the history of Facebook, it has gone up in a straight line, and bigly. You only see it clearly on the monthly: And yet the problem with the bull thesis for a new all time high is the '22 bear raid took out all the sell side all of the way back to 2016. Although you can have, and speculators and hodlers have been fortunate enough to have had, a significant retrace afterwards, stocks taking long term lows is usually kind of like when a person turns 50 and starts urinating blood. It means something is wrong with an organ and the time they have left to live is not so long and not so bright. Even the weekly is insanely one-directional This stock will have attention tomorrow as post-market earnings have produced another $20 gain, but notably, as of time of writing, have brought the price only to $319, still underneath the July high. Geopolitical risks abound in the markets right now. Much is happening with Mainland China and the International Rules Based Order. You can consult my previous calls, which are below, for my thoughts on the situation. But the Cliff's Notes of it is that the 24-year persecution and organ harvesting genocide of Falun Gong by the Jiang Zemin faction and the CCP may soon be made public worldwide if President Xi weaponizes those sins to protect China, its 5,000-year-old culture, and himself from the IRBO intending a Maidan Revolution-style coup to replace him with someone from Taiwan that happens to be a fine lapdog to the global regime's interests. What is the bull thesis for Meta? Facebook is something of a panopticon data collection system and advertising network rolled into the guise of a social media platform where people voluntarily disclose their location, interests, likes, connections, and spend time interacting with friends and family. Meta's rebrand is to force the world into something of a Nintendo 64-level version of Second Life, where you're supposed to literally sit in your cube eating the cricket crackers under a bunch of blankets with the furnace/AC off with the VR headset strapped to your face while you do data entry all day. It's really the kind of dystopian thing the Chinese Communist Party really likes, because it means you can be submissive and agreeable slaves that don't threaten its stability and still produce work. If mankind's future is truly to return to tradition (it is), what place does Meta have in it? Meta has very little place in the future, and that's a fundamental problem, really, for everything that revolves around people living chained to computers and phones. A really notable thing is that the Chinese Government, especially under Xi Jinping since he took power in 2013, has not allowed Meta/Facebook to set up shop inside Mainland China. The world's most notorious totalitarian regime and the creator of social credit and censorship does not want Meta/Facebook's influence impacting their citizens. Ain't that something. And yet, you're supposed to be bullish on this... because it's going up. You just want something to go up so you can buy it and feel pleased when you see green, not sell, and then feel sad when you see red, red, red, and are liquidated. This is modern humanity. So here's the question with Meta: is it a short, or is it a long? The truth is that with Meta, it's gone up in the kind of straight line that makes Apple blush for 9 straight months. When something trades like this, you can never say "it's a short." Instead, you can watch for when it does become a short. And we're in the zone. Although the biggest gap has been filled, the monthly candles show that the bodies of the winning streak's candles are still respecting the range created by the February of 2022 doom candle that ended the Party. On the daily, the last five days of price action, which correspond with a Nasdaq that may very well have topped but an SPX that does not seem to have topped yet, are the most bearish they have been during the entire bull run. And so, if you want to get long on open, I can only encourage you to exercise caution. You may really have upside as high as $343. But you may also have upside no higher than $325. It may also gap up on market open and then sell off, and that kind of a sell off at this kind of a time may mean you are trapped. To confirm a bull thesis, $343 needs to be broken and maintained To confirm a bear thesis, the first thing we need to see after the earnings manipulation is for the $288.30 double bottom to be broken. From there, if $258.88 is broken, the trend is over and will have reversed, even though you may see further upside in the interim. A break over $325 and then a rejection under $288 would be the most bearish. If that unfolds, it's no longer a dip to buy. Instead, long term puts while the VIX is so suppressed might really be really, really valuable. And the problem for both bears and bulls is the $40 range that "confirms" whether there's forever uppy or forever doom.
NASDAQ:META
by LordWrymouth
1
$META - Time for the BEAST to Rest?NASDAQ:META www.tradingview.com When I woke up and saw META down 25% in one day, I knew that it was an opportunity that I shouldn't miss out on. I already had a decent amount of Canadian hedged shares and decided to buy more. One year later, I can say that was the best financial decision I made in 2022. Meta is the biggest winner in my portfolio right now, I am going to keep holding a big chunk of this position, but I am looking to take some profits at 353 as I believe that is a level that price action will respect. By respect, I mean either bouncing off it right away or pierce it before the bouncing off. What do you all think, will Meta take a breather at 353 or will it continue on breaking every resistance it faces?
NASDAQ:META
by Vexo_