$META Approaching Bear Gap AreaNASDAQ:META is approaching bear gap area. The gap fill is the $119.50 PL, however, I don't think $SPY will allow it. $META should see the $110 PL by EOW. by SolidifiedPublished 223
Will Meta Platforms Retest Lows?Meta Platforms has been under heavy selling pressure all year. Now some traders may look for the social-media giant to retest its lows. The first pattern on today’s chart is the 50-day simple moving average (SMA). META has remained mostly below this line since 2022 began. That could make trend followers expect prices to continue lower after its most recent test on Monday. Second, consider the bearish gap on October 27 after earnings missed estimates. Notice how the stock attempted to rebound without filling the entire gap. Also notice how it made a slightly lower high last week relative to December 5. Third, short-term direction could soon line up with the longer-term downtrend. MACD is nearing a potential bearish crossover. Prices also closed below the 8-day exponential moving average (EMA) and 21-day EMA. If this continues and the fast EMA slips below the slower EMA, it could make some traders expect more follow-through. TradeStation has, for decades, advanced the trading industry, providing access to stocks, options, futures and cryptocurrencies. See our Overview for more. Important Information TradeStation Securities, Inc., TradeStation Crypto, Inc., and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., all operating, and providing products and services, under the TradeStation brand and trademark. You Can Trade, Inc. is also a wholly owned subsidiary of TradeStation Group, Inc., operating under its own brand and trademarks. TradeStation Crypto, Inc. offers to self-directed investors and traders cryptocurrency brokerage services. It is neither licensed with the SEC or the CFTC nor is it a Member of NFA. When applying for, or purchasing, accounts, subscriptions, products, and services, it is important that you know which company you will be dealing with. Please click here for further important information explaining what this means. This content is for informational and educational purposes only. This is not a recommendation regarding any investment or investment strategy. Any opinions expressed herein are those of the author and do not represent the views or opinions of TradeStation or any of its affiliates. Investing involves risks. Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options, futures, or digital assets); therefore, you should not invest or risk money that you cannot afford to lose. Before trading any asset class, first read the relevant risk disclosure statements on the Important Documents page, found here: www.tradestation.com .by TradeStationPublished 11
META: A zone to go shortWe observed heavy selling pressure in the 122.8-124.1 range for META. Since the beginning of December, META has rejected four times at the yellow zone. If META reaches the yellow box zone, watch for price action consistent with the last four reversals. by jasongoldman1Published 2
Short Meta Pretty self explanatory setup here. Double top (can see more clearly on 4hr), Hidden bearish Div on RSI and MacD. Short Meta if you like money. GG's Cuckerberg Shortby YouKnowTheVibesPublished 1
make or break time ⏰ dip to cluster support as expected, will it bounce though? lets see 👀Longby Vibranium_CapitalPublished 668
META at bottom of upward channel from November lows$META ready to test upward channel from November lows. Next support at 113-114 if 115 breaks. Could bounce at 115 if overall market strengthens.by PrestigeWorldwideTradingCoPublished 0
META to the downside?Price failed to break resistance at $123, RSI and Accumulation divergence on the 4hr. Could see some slippage here.by khannan99Published 0
METADont know what to expect from meta this upcoming week just know I will be ready either way she falls, Im bullish if we push past Yesterday's high of 122.82, look to take calls to YH if META can hold above 120.53, Im bearish if we go below YL of 118.18. Keep an eye on the 118.18-118.72 level for it is a critical zone for making meaning a continuation to the downside or a shift to the upside.by zaytoven000Published 0
$META READY TO RISEHolding over 20SMA Over several days. Potential Burst to the upside Longby Xiaoping_jayoPublished 7
$META is approaching the 21EMA on the weekly $META needs to close above the 9EMA on the weekly to continue this momentum. We've handled the $SPY stress test without breaking market structure. This should take off next week after Quad Witching is over. Longby SolidifiedPublished 0
$META with the 2-2-2u reversal on the Month $META giving me vibes like it wants the $142.5 price level within the next month or so. Also bullish on the week. Longby SolidifiedPublished 0
META mega long term opportunityMETA ~-76% from ATH, biggest retracement so far in its history LONG/Invest ~ 100-120$ Unique buy signal on monthly + fisher cross up monthlyLongby mrsftw28Published 2
META Diagonal Put 95 Dec 9/100 Dec 16Bear Rally Set Up: A couple weeks ago we set a new low around 88ish which has lead this back up to the 20 day. It's actually been basing at the 20 for a few days getting ready to make another move. The overall trend is bearish. The entry point was determined by waiting for this to trade below the previous day low. Conditions at these levels solidify an entry point. As for my stops, I'm set up for max loss. So if this doesn't go my way....oh well. Next. I've got my eyes set on 95 as my target. It's out of the money target, but as I said before, the overall trend is bearish and if this does decide to head lower, it may want to fill those gaps it made before it got up here. Diagonal Spread Strategy: So,we've established this is a bear rally. I've decided to go with an out of the money diagonal strategy since this has a bearish trend and the overall tech sector is getting weaker. The charting criteria needed to enter this position has been triggered, trading below the previous days candle at the 20 day. The strike prices and expiration dates were determined by envisioning this to fall below 95 by late next week... or right around December 5the or 6th... making it's way back to the apex of the strategy and closing it out December 9th or the 8th. Position management is very simple, if this fall below 95 and stays below it come December 9th I'll just close the entire combo out and move on. I'm set up for max loss, so if this decides to trade sideways or continue higher, it won't matter to me. Trade Setup: Meta recently made a new swing low around 88ish. Since then, it's crawled back up to the 20 day and has been pretty stable in this area the last few days. Meta is also still trading below a falling 50-day SMA. This trend analysis is good to move on to the entry criteria. This rally has brought the stock back to the 20 day with lower and somewhat equal volume the last few days. Because it traded below the previous day, it triggered the entry. T.E.S.T. Timeframe: I put this out 3 weeks to hit my target. Entry: My entry was about 109.45ish. Stop: I'm set up for max loss. Target: 95 Profit Score: Potential: 15.00 ATR: 6.62 Score 2.27 Stock Outlook: -1 I'll update this as the days goes by. Shortby MMOTA_Updated 117
FACEBOOK 25 % pump (NEW)After dropping to lows from 2015, most likely we will see a bounce. -RSI is very oversold both on daily and weekly timeframe. -We have a gap which most likely will get filled. After filling the gap, we expect the price to come back down. -The price dropped 75 % from its ATH. Many investors bought meta stock to ride the bounce. Longby vf_investmentUpdated 447
BUY META NOWMeta be done going down. This is like, prolly the best buy for this stock like ever. if you see this and dont take advantage of it now, you finna be kicking yourself later. Good Lick and Good Trading.Longby Timz27Published 10
SHORT IRON CONDOR IDEA for a 12/16 ExpirationMETA 12/16 Expiration. +1 $130 call -1 $125 call --{share price: $110}-- -1 $95 put +1 $90 put $444:$46, ~8:1 risk:reward. High risk, low reward.by zach6667Updated 0