MetaGreen line - Support Redline - Current resistance Yellow line - Next resistance Cramer said buy at 140 ... Hats off to him, a win is win! Floating all premarket under resistance at around 184. Over 184 and the next stop is 200 Company earnings were crappy but I guess this is still a discount if the FED has no credibility. Be careful opening longs up, IMO there is a higher chance we see 170 support before 200. In that scenario we would make a cup at 183 then a dip to 170 would be a handle by ContraryTrader445
SPY QQQAs spoken in stikstockitslive cord, this push was coming with more whale spouts to come. Remember that late entries can botch your PNL. Keep taking the money everyone! Great Job!!! --stikstockitsliveLongby moonstreetone0
META PLATFORMS INC COM CL A Meta is a solid company with many milestones ahead in it's future. It is the future. Don't get lost in the sauce spacey home alone stik tracey =stikstocktitsliveLongby moonstreetone0
Earnings watch tomorrow + FOMCEarnings watch tomorrow + FOMC, 2/1/2023. Here's a 4hr ext chart comparison, with the tickerTracker MFI Oscillator set to 20, color coordinated with these 10 tickers. META PTON ALGN AFL BSX TMO TMUS MET ALL WM by Options360Updated 663
Meta Massive Pop - What's Next?Meta has rallied off of a major share buyback. This is now a perfect short setup as its approaching some massive resistance in a way overbought move. Accumulation on the short side should be high risk to reward setup. Shortby Trading-Capital114
Meta Platforms (META) Fourth Quarter EarningsMeta Platforms (META) reported fourth-quarter earnings with revenue beating the expectations. Here are the key points: Meta earnings per share came at $1.76 well below the forecasts of $2.26. The revenue came at $32.17 billion above the expectations of $31.53 billion. Daily Active Users (DAUs) were 2 billion slightly higher than the 1.99 billion expected. Monthly Active Users (MAUs) were at 2.96 billion. Family DAP and MAP are on the rise with a YoY increase of 5% and 4% respectively. Meta’s Reality Labs unit recorded a $4.28 billion loss in Q4. The company also announced a $40 billion buyback. Meta bought back $28B stock during 2022 (8.2% of float). The company now sees capital expenditures to be in the range of $30-33 billion, lowered from the prior estimate of $34-37 billion. Meta expects revenue between $26 billion and $28.5 billion, compared with analysts average estimates of $27.14 billion. Yesterday, LightShed Partners initiated Meta Platforms at Buy and a price target of $200. Jefferies on January 30 reiterated META at Buy and raised the price target from $155 to $175.by Eventstra0
Possible Short on MetaEarnings coming out after the market tomorrow. Price rejected off the 200 DMA and I opened a small short position after the rejection. The RSI is very elevated. SNAP came out with horrible earnings after market today and fell off over 14 %. Both Pinterest and FB fell, FB dropped to 145.37 and has since bounced to 147. .5 fib retracement is 120.67, also there is a gap at that price that could be filled. I will take the side that FB earnings also missed (my guess). There will be a lot of volatility around the FOMC tomorrow and I want to stay in my short so I will have a higher SL to accommodate. My only reservation is the FOMC meeting tomorrow, but I will take the risk that the earnings will outweigh the FOMC in the short term for FB. Not financial advise. Shortby ThnacksUpdated 111
The FAANGT stocksIt's time to keep a close eye on FAANGT stocks to be ready to reposition once the rules I've outlined in my post “A trading system for rookies” are met. I also urge you to consider positions in the Greek Stock Exchange where there are now many reliable and safe shares that are in a mature phase of growth. Some of them are presented below. For more information you can search the recent reports of major investment houses Morgan Stanley, JP Morgan and others. Also take a look at my post “Is the Greek stock market ready to skyrocket?”. Longby Gnothisafton1112
we have the fed data compared to potential earnings dataa good beat tommorow means up, and a fair or poorer review means down. im expecting goog, amzn, aapl, fb and indices to follow suit.Longby cerealpatterns1
Meta Has been weak all day. Hard to make any decaisions as we have FOMc tomrorow. If I was going to short anything it would be meta. Multiple wicks to 148.40s. Fake breakout today of a bearflag which has reistance at 148.80 area. Lower support is 147 even. Target to downside is 142-141 area of previous reistance. This seems really weak to me I am liking the idea of a short and averaging in around 148.40s Shortby Erictaylor110
Fallen Angels //// ATRWhat do we do with them? Ascending Triangle . All Triangles are neutral until broken and an ascending triangle can break down just as a descending triangle breaks up. Flag formed but was unable to reach full targets due to a prior falling window or a gap down. This is possibly due to the the resistance at the top of that window and price has been a bit stuck. Meta has been unable to break this resistance and if it does, I will update this post. Price is still inside the structure as I type. Triangles push price in to the narrowing nose of the structure like a vacuum. Eventually the structure will break one way or the other. No recommendation except be safe closer to earnings which is estimate to be early February. (Maybe they will give Z a break and he won't have to report but I do not think they can do that. Nothing surprises me these days though. LOL) Short is at 1.5% approximate. ATR is a volatility indicator. Periods of low volatility are often followed by periods of high volatility. The ATR % stop method can be used by any type of trader because the width of the stop is determined by the percentage of the average true range (ATR). A cautious trader may use 50% of ATR but someone who is less cautious and wants to hold the trade may even double the ATR, then add it to price in the direction they are trading (short or long) as a stop. ATR is a measure of volatility over a specified period of time. A higher ATR indicates a more volatile market, while a lower ATR indicates a less volatile market. ATR for Meta is 4.60. At this moment on Friday 12-30-22, there is a bearish Harami forming. This 2 day candle pattern would need confirmation. Today is a foggy Friday (O: Not quite raining just yet. I would say the market is in a "slow drizzle" and is a bit difficult to trade. I feel the pressure of a thunderstorms on the horizon. Happy New Year!by lauraleaUpdated 6610
META Short earningsLet's be honest from purely a probability perspective I see meta NOT beating earnings for many reasons. ad rev still down. covid reopening people using social less. snap will do poorly as usual the business model is failed. burning cash for meta oculus headsets. last time we had earnings it dropped over the 3 day rule around 35% FK Zuckerberg and short this thing to the ground. hopefully it'll recover once economy is sorted and their metaverse project pays off. target level 130, then all gaps on daily need to be closed. Shortby JamesFlem444
$META TRade Idea - Earnings runup currently filling bear gap $META Trade Idea Earnings runup currently filling bear gap Calls over $153.19 Target $154.31, $156 Puts under $147.47 Target $141.47 by Solidified2
BullishBulls say, $META is going to continue to raise up until earnings moment. Should beat EPS but not revenue for this quarter. by Sammy2u_0
Meta Big one for this week to watch. We saw a short term rejextion so far but there could still be some room up after a cool down period. My key reistance I am watching is 154.60. For me this area is huge Becuase before the drop we had to the new lows, this was a sideways bearflag channel that chopped around from 154.60 support to 182.50 reistance. For me meta should run into some Significant reistance here. This was a sideways range that potentially a lot of people who were buying that support, saw a big drop in there portfolios if they didn’t sell out. Also the fact of a lot of buying occurring in this zone, that causes for a reostance area to backtest and fail hard off of. I will be watching closely as we reach this level. If meta decides to have enough gas in the tank to reclaim that level it could open a new can of worms for the new range play but we cross that bridge if we get there. For now I’m looking for that key reistance If we pull a fib retracement from the last rejextion HIGH wick we saw after the blow off top to the low of the move, the 50% retracement is 162$ which would bring us back into the box if we decided to contiue going parobolic this will be something to watch as well While the .618 is 145.15,on a major pullback that could be a decent dip buy level by Erictaylor0
META - Short ideaMETA approaching a significant zone - 160-165 range, where we can see a possible pullback based on the below: - 50WEMA - 200DMA - Fib pocket - Previous support zone Shortby impressiveSeaf70631114
$METAMeta technical analysis 1D candle frame . I want to understand if i am on the right track atleast by niluphule0
META - Possible setup.META currently at resistance zone, open short position on bearish candle stick pattern or wait for break out of resistance 1 to become support.by Khaleejtajir222
Meta idea Meta at resistance again opening out position and will add at 157 if it keeps going up . But I think it’s already due for a pullback Shortby Todopoderoso3
Meta Platforms | Fundamental Analysis 🚀Meta Platforms, the social media giant formerly known as Facebook, became a trillion-dollar company in June 2021. Three months later, its market value peaked at $1.08 trillion. But Meta is currently worth only $370 billion. It has lost two-thirds of its value as a slowdown in its advertising business, continued losses in its virtual reality business and rising interest rates have scared away even the company's most ardent fans. These unfavorable factors aren't going away anytime soon, but Meta stock also looks historically cheap at 17 times earnings estimates. Can this company regain its former appeal and join the 12-Zero club by the end of this decade? In the first nine months of 2022, Meta earned nearly 98% of its revenue from advertising. It advertises in its "family of apps," which includes Facebook, Messenger, Instagram, and WhatsApp. That family of apps served 3.71 billion monthly active users in the third quarter of 2022, up 4 percent from a year ago. However, Meta's ad business growth did slow in 2022. This slowdown was caused by three main factors. First, Apple's iOS update disrupted Meta's ability to create targeted ads using third-party data, ByteDance's TikTok pulled users and advertisers away from Facebook and Instagram, and businesses began buying fewer ads as macroeconomic factors reduced their spending. To counter Apple, Meta is refining its algorithms to collect more first-party data to target ads. It is also actively expanding Instagram Reels to challenge TikTok but admits that short videos are much harder to monetize than traditional ads. Both strategies will require Meta to increase spending as revenue growth has slowed. In the meantime, Meta continues to invest billions of dollars in Reality Labs, a division that develops virtual reality headsets and software. In the first nine months of 2022, that division's revenue rose less than 3 percent year over year to $1.4 billion, but its operating loss rose from $6.9 billion to $9.4 billion. This pressure, along with a slowdown in the higher-margin advertising business, has caused Meta's operating margin to drop from 40% in 2021 to 27% in the first nine months of 2022. Analysts are overwhelmingly negative about Meta's near-term prospects. In 2022, they expect revenues to fall 1% to $116.3 billion, operating margins to fall 26%, and net income to fall 37% to $24.7 billion. However, this outlook could improve over the next few years as near-term adversity wears off. Meta's ad revenue could stabilize and grow again as the company collects more first-party data and monetizes more Reels. The broader advertising market may warm when inflation is contained and the Fed stops raising rates. An outright ban on TikTok in the U.S., which has been proposed by lawmakers, would lead to more Instagram revenue. Meta's investment in Reality Labs could also finally bear fruit when the company releases cheaper, lighter, and more powerful Quest VR headsets. Widespread distribution of these devices could attract more users to Horizon Worlds, Meta's metaverse, which, after its initial launch in December 2021, never really got off the ground But if Reality Labs continues to burn through billions of dollars without showing any sign of progress, Meta could either spin it off or shut it down. Either decision would likely be approved by Meta's investors, as it would instantly improve the company's operating margins and free up more cash to expand its core advertising business. Finally, Meta had $41.8 billion in cash, cash equivalents, and marketable securities at the end of the last quarter. This huge reserve gives it plenty of room for new investments and acquisitions -- assuming antitrust regulators approve these deals. Right now, analysts expect Meta's revenues to grow 5% in 2023 and increase 12% to $136.3 billion in 2024. The company's net income is expected to fall 11% in 2023 as it increases its expenses but grows 20% to $26.2 billion in 2024. These long-term estimates, which we should take with a grain of salt, suggest that Meta will eventually be able to overcome its near-term challenges. If Meta's business stabilizes in 2024 and it continues to grow revenue and earnings per share (EPS) at a modest compound annual growth rate (CAGR) of 10% over the next six years, it could have revenue of $240 billion in 2030 with earnings per share around $16. If the company continues to trade at 17 times earnings and three times sales, its stock could reach $270 a share with a market value of $720 billion. However, a slightly higher valuation could easily cross the trillion-dollar mark. Simply put, if Meta survives the near-term downturn and starts growing steadily again, it could join the trillion-dollar club again by 2030.Longby FOREXN1Updated 557
Meta grotesquely undervaluedEASY $175+ -$200 VALUATION FAST CNBC MONET, Decent retracement Meta is still undervalued yet it should be noted it is bullish not beairshLongby atorrealba112