Meta wants to go back into that channelIts only a matter of time , before meta hits all time highs for now there is going to be a slight battle around 285 area in an attempt to get back into the channel.Longby ARCHIDUKE0
Meta trade updates (+49%)Meta, the company that owned Facebook and Instagram, released its first quarterly report for 2023, revealing a solid quarter for the company. The company reported total revenue of $18 billion, up 10% from the same period a year earlier. This increase in revenue was primarily driven by user growth and increased advertising on its services. In particular, monthly active users on Facebook and Instagram grew by 5% and 7% respectively compared to the same period of the previous year. The company also reported a 15% increase in ad spend on its services, which contributed significantly to the increase in revenue. In addition, Meta has announced important future investments in virtual reality and augmented reality, a sector in which it is already the market leader with the Oculus department. However, the company also faced some challenges in the quarter. In particular, Meta has experienced a slight slowdown in user growth in some regions, such as the US and Europe, which could pose a problem for the company's future growth. Overall, Meta's 2023 first quarter was positive, with solid revenue growth and a promising long-term investment strategy. However, the company will need to continue to closely monitor user growth and ad spending to maintain its position as a leader in social media and technology. From a technical point of view, Meta is about to close the important gap down at the beginning of 2022 which had started a bear market that lasted all year, a period in which I averaged an average price of 187.85. Currently the gain of the position is about 50%. Target gap closure at $290-291, where I will take home part of the profit. Happy trading Lazy Bullby LazyBull51
Big tech puts ideaBig rejection a couple of days ago (big fat red candle) price is retesting but I don't think is going to break up. Most likely to be rejected again. Is extremely risky bc this is big tech, you know how they are. Puts $260, 06/16Shortby ArturoL5
META H&S can send it skyrocket to $294, unless the MA100 breaksMETA has arguably been one of the hottest, if not the hottest, stocks of the year. The minor (for its parabolic state) correction since Tuesday has seen it hit the MA100 (1h), which is so far holding. This has completed a Head and Shoulders pattern, which is technically a bearish structure. If the neckline but more importantly the MA50 (1h) breaks, we expect the price to invalidate the bearish signal of the H&S. Trading Plan: 1. Buy if the price closes above the 268.50 neckline and the MA50 (1h). 2. Sell if it closes under the MA100 (1h). Targets: 1. 294 (Fibonacci 2.0). 2. 250 (the MA200 1h). Tips: 1. The RSI (1h) has crossed over the MA trendline. This is a short term signal of bullish strength. Please like, follow and comment!!by TradingBrokersView6616
Meta is dancing on the lineLosing that 108.40 line, a quick short will take place to fill the volume gap untill 102.70. Stop loss at 110.75.Shortby alexmeraxUpdated 0
META Stock Price ActionThe bears have taken out the bulls recently, Meta stock might continue to fall using the FVG price action strategy, the next liquidity level seems to be near the 255 area. Banks are long META, long term seems bullish still on monthly chart. by Seafair-Capital-Management4
Meta long (1H)In our opinion, the price will rise again after it hits the entry level. Target and stop loss are shown on the chart.Longby vf_investmentUpdated 337
Meta waiting for selling a stop order !according to my chart analysis Meta Facebook will go down if price reached entry level .Shortby IsmailAadel0
META Entry, Volume, Target, StopWhen price clears: 248.00 With daily volume greater than average Target: 267.50 area Depending on your risk tolerance: 241.50 gets you 3/1 Risk/Reward. This trade idea is not trade advice. This swing trade idea is strictly based on my ideas and technical analysis. No due diligence or fundamental analysis was performed while evaluating this trade idea. Do not take this trade based on my idea, do not follow anyone blindly, do your own analysis and due diligence. I am not a professional trader.Longby tradepatientlyUpdated 8
META - KEYLEVELS 1htfMETA - KEYLEVELS 1htf Meta is strong on his up trend , also beacuse we have a broken resitance on weekly time frame. But now this zone looks more and more like a distribution zone , carefful on short META , if you wanna do it, maybe you need to wait for a broken red line ( neckline ) with a scalp trade.by sfc952
Short Meta vs Long MicrosoftAfter the huge rally in recent months, earning season and recession fears could be bearish for tech companies.Shortby fb_fabien1
#Meta H4 The Setup For A $300/310 TestIn this update we review the recent price action in Meta Platforms and identify the next high probability trading opportunities and price objectives to target01:20by Tickmill6
META - DISTRIBUTION ZONE?Meta on 15m tf it is on Distribution zone , now from here we have 2 options: Sell or buy. I Will short Meta under the Support or i will long it if the resistance zone will be broken.Shortby sfc954
Meta is Continuing the Rally towards the Next Key LevelFollowing the recent breakout on the initial key level, a continuation of the bullish rally is expected, driving the price further upward. The anticipation is for the price to maintain its bullish momentum and move towards the next key zone formed.Longby TraderChamp-Pro3
META-SELL strategyMETA is overbought heavily, and for that reason it is providing an opportunity here. Strategy SELL @ $ 272 and take profit @ 227 for now. I would add at higher levels when seen. Shortby peterbokma5
META shortMeta coming up to a good area to go down. Levels from quarterly candles. Shortby Trading-Trend1
Continue to buy METAContinue to buy META as TikTok is likely to be banned from the Apple store! meaning new apple device will no longer have access to the app, nor will there be any updates. In Addition, there are rumors, retailers have banned together to bypass Apple's tracking restriction by creating a customer influencer database tracking centered around META technology! this technology no longer relies on cookies but on AI on places you have visited and likely to visit.Longby Macro-Traders-StrategiesUpdated 11119
META Update: Is There More to Give?Meta has been on a tear since its bottom of $88. This move has been what I am calling Primary Wave ((1)) of Cycle Wave III. I have a target box for the normal end point of this move up, however looking at the structure alone, it looks like this move up is about done. We are well past standard fib levels on the micro level with the power of this move, which is why I have to resort to structure and MACD alone. Above is a 4HR chart showing a closer view of the sheer magnitude of this move up. It has risen 211% in a little over half a year!!! ..... and it may not even be done . Notice the arrows, these are important identifiers to be able to determine where we are in the count when you can't rely on fib levels. According to the information we are provided at this time, this move up looks done or at least on its last leg as with many other securities. If MACD makes a new high it changes this micro count, but DOES NOT CHANGE THE MAIN COUNT/TARGET BOX . A new high in the MACD just means we are still going higher in this wave ((1)). On the big chart, according to the bigger picture we can technically go up to $376 and still be considered to be a "standard" move up. After ((1)) finishes, we will drop for wave ((2)) of III. This could take MONTHS to complete before ((3)) of III starts. Whenever it does though, that is 100% a trade I want to be a part of!! Armed with this information do what you feel is best in your situation. When price tops or does something crazy, I will update. Hope this helps and until then, good luck everyone! Bonam Fortunam, --Tylerby TSuth4
Meta platforms Breaking an essential Fibonacci levelBreakout in Fibonacci level on daily charts with an upward trend asks for a bullish trade, with a precaution on retracement in short to mid term. Disclaimer- For educational purposes, Please consult you financial advisor before an investment in financial markets.Longby technicalSucce594210
METATagging the 0.618 retracement of the 2022 drop today. Reasonable place for this stock to take a break after a massive rally imo.by Essendy2
Cup & Handle//OverboughtTargets 1 through 3 have been met. Big move and sometimes all we get is T1. Cup depth is 148.77. Targets for C&H patterns are calculated using the depth of the cup projected from the EL level, which is slightly above the left side's high (sell side) then fib levels are applied. I use the .382, .618 and the .786. If price goes higher, I look for sell signals and use the 1.618 and the 1.272 as possible T2. This is Overbought with RSI set of 80 versus 70. No recommendationby lauralea223
META,10d+/-14.60%falling cycle -14.6% more than 10 days. ================================================================================== This data is analyzed by robots. Analyze historical trends based on The Adam Theory of Markets (20 moving averages/60 moving averages/120 moving averages/240 moving averages) and estimate the trend in the next 10 days. The white line is the robot's expected price, and the upper and lower horizontal line stop loss and stop profit prices have no financial basis. The results are for reference only. Shortby Tonyder0
META Monthly SetupMETA have break strongest support on Mn Chart. Buy trend is a pullback. There you go my sell areaLongby reezajai110