META Cup and HandleMETA C&H break above the line.. should hit the line of the cup about 4% awayLongby sk201101222
META September 5, 2024: A Pull Back to MA-50With the current market condition, breakouts mostly failed during the last 1-2 months. We try to find stocks that are holding well during market correction, some kind of pulling back to its meaningful support. On September 5, 2024, NASDAQ:META pulled back to its MA-50 after the market's strong down move. We opened a pilot position here, expecting the stock will consolidate around this level and will move up to a new high when the overall market condition will improve.Longby longsonvn1
Meta (META): Watching for a SetbackIt has been a lovely rise within META since 2023. However, we are now continuing to range for some time, which is usually a sign of a possible setback before a continuation. This setback could be beneficial for sustainable growth and further rises. Zooming in, we can observe a range building since February 2024. This range has been respected multiple times so far, and it seems likely to continue. However, the small breach of the top looks somewhat like a Swing Failure Pattern (SFP) and could be a signal of profit-taking by many traders. If we breach through the $440 level, we could see a change of structure if a candle closes below it. If this happens, it would confirm our analysis. Until then, we might see higher prices as this is technically still a bullish trend within this range. Another small indicator supporting our view is the bearish divergence on the RSI. While RSI is a good indicator with a high win rate, it’s not infallible, so this scenario might not play out. Still, this seems the most likely outcome to us at the moment.Editors' picksShortby freeguy_by_wmcUpdated 55103
pivot point at 500 multiple times could be continuedAlso, other key areas and indicators, other than stochastics, are still allowing more room to fall, bringing it closer to above or below 500.Shortby themoneyman801
Meta chart shows some weaknessesMeta is showing RSI weakness while triple-topping. Maybe it needs to find liquidity in the 0.382 FIB level around 368$.by edgargargar1
BIGGER PICTURE OF COMING MONTHS IN STOCK MARKETFirst target would be 400. It's a clear sign for stock market "correction". Good luck.Shortby GreenBunny7
META: Technical AnalysisTrend : Range /sideways Pattern : Double Top Price may stay (493 - 540) 540 - may act as a resistance 493 - may act as a support. (information :NOT ADVICE.)by Abirstock0
META Bullish + Bearish PathsMETA was one of my top trade ideas for the week recently and this is a similar setup, but overall it hasn't moved much yet. I'll be watching the 523.20 level along with this descending wedge, it closed right at the top end last week. If we get a wedge breakout and it reclaims 523.20, I'd look to exit puts and potentially buy calls on a dip. If we get a rejection here instead, I'd expect it to at least hit the bottom end of the wedge, final target for me would be the 492 area.Shortby AdvancedPlays0
Meta this is a test since I might have broken my computer since I can't find volume on yesterday's analysis of meta. I think meta is at a dangerous level because the market traded to a very significant ABCD pattern. I would characterize this Market as a trending/ranging pattern. this could be the high but it could trade about 60 or so points higher based on doubling the range box. a treat each range box as if the high is where sellers should be in the bottom of the range box is where the buyer should be. I know this is not etched in stone and that the market could do something differently.... so I will watch and look for Clues from the daily or 4-hour chart to find a trigger in ways that I've described in previous videos. this video is about the difficulty to trade markets that have made all-time highs and the need to find patterns that can help you manage how you might trade this Market. 16:01by ScottBogatin118
META double top? Meta never did fully fill the gap at $406.30, you know they say all gaps must fill. It's looking tired and I'd expect with an election year and impending recession/ depression this market will get hit hard soon. I would not go long Meta under $544, it's currently flirting with support and trend line break here. Currently no position but I would lean toward shortShortby ShortSeller765
META8.31.24 I know meta platform has reached a new high, but I don't see it as a simple trending Market that's going to make tremendous moves higher. that's because the market did make new highs but now it's been ranging, and not just that the market came to an ABCD pattern which is a significant reversal pattern. if I was pushed to make a decision about this Market I would say that it's a trending ranging Market... it's both and it's not clear if the market is going to expand its Trend or reverse and go lower. years ago I got into a stock market trade and I made a lot of money... unrealized profit because I was trading at long term and in a very short. Of time much of it in 1 day took a very large portion of my profits because of bad earning news. that was a wonderful. Of time because every trade I made was absolutely extraordinary because I thought I could make more money as long as I go long.... and then there was the very large correction lower on that first agonizing correction. that was a long time ago I think 19 27 and I never took a position in the equities markets as if it was going to go up forever. for me personally, that is when I learned that there's something I just didn't understand and could reconcile in my Trading and I know it but I didn't know what to do until years later.At the end of this video I laid out the possibility that the market could go to a new high and also move lower37:29by ScottBogatin4
Hold Your Breath: META's Bold Drop Ahead!Join me as I dive into the wild world of META and try to predict their next big move before it happens! In today's video, we dive deep into the alarming news surrounding META and its potential imminent dumping action! What does this mean for the company and its investors? Join us as we analyse the latest developments, explore the reasons behind this shocking move, and discuss the implications it may have on the tech industry as a whole. We'll break down the data, share expert insights, and provide you with everything you need to know about META's future. Don't miss out on this critical analysis that could affect your investment decisions! Be sure to like, comment, and subscribe for more updates on META and the tech world. Short13:16by Pan_empp4
META Weekly Double top with Divergence and Pin BarMETA weekly double top with divergence Doesnt bode well for the indicesShortby dionvuletich2
META H&S + Support BreakMETA was one of the first ideas I posted in this series and that one worked well. META is one of my favorites overall, it has treated me well in the past. Hopefully it will again, so far it is working. We have a head and shoulders/double top near ATH. Now it has broken below shorter term support around 523. Got a perfect retest and fail this morning. My target is the 492 area for now.Shortby AdvancedPlays3
Meta Platforms (META) AnalysisCompany Overview: Meta Platforms, a leading player in the tech sector, continues to push boundaries with its advancements in artificial intelligence and virtual reality. Recent developments highlight the company’s commitment to growth and innovation, making it a compelling investment opportunity. Key Highlights: AI Advancements: NASDAQ:META recently launched its Llama 3.1 AI model, which is outperforming GPT-4o. This cutting-edge AI technology is designed to enhance applications across Meta’s platforms, including Facebook and Instagram. The model’s efficiency improvements are expected to drive higher engagement in Reels and attract more advertisers. Enhanced User Engagement: The advancements in AI are set to boost user engagement on Meta’s platforms, particularly through more interactive and personalized content. This positions Meta to capitalize on advertising revenue and maintain its leadership in social media. Dividend Introduction: Meta has introduced a quarterly dividend, appealing to dividend investors and reflecting the company’s financial stability and confidence in its ongoing growth. Growth Prospects: The company’s focus on AI and VR, combined with its strong financial performance, supports robust growth prospects and market leadership. Investment Outlook: Bullish Outlook: We are bullish on META above the $450.00-$455.00 range. Upside Potential: With an upside target of $690.00-$700.00, Meta Platforms presents a strong investment opportunity driven by its innovative AI advancements, increased user engagement, and attractive dividend yield. 🏅 Meta Platforms—leading the future with AI and innovation! #META #TechGrowth 🚀📈Longby Richtv_official2
META daily channel is getting tight.NASDAQ:META daily chart shows consolidation and has a lot of room to supply above recent highs, should the daily 5 SMA confirm to the upside. Watching closely to see which way this consolidation resolves, as there are always a million opinions, but only one confirmation. Longby DMT_DoctorUpdated 3
Did not make a double top and now flagThe optimism ahead of the AI ladder ticker, with many failures to allow it to fall, gives it more room to grow. I have confidence in this company going forward.Longby themoneyman800
META: Be very careful with these critical points. 1H & D charts 1-Hour Chart (Left Side) On the 1-hour chart, a Head and Shoulders pattern has formed, which is typically considered a bearish reversal pattern. The neckline of this pattern is around the $523.12 level. If the price breaks below this neckline with strong volume, it could signal further downside, potentially leading to a retest of lower support levels. The Head and Shoulders pattern is often followed by a decline approximately equal to the height of the head above the neckline, which could suggest a more significant drop if the pattern plays out fully. Daily Chart (Right Side) On the daily chart, the price is clearly bullish, however, if it triggers the H&S chart pattern sen on the 1h chart, we could see a mid-term correction to its next support levels. The 21-day EMA is a very important one, along with the 38.2% Fibonacci's Retracement. The price could correct to this support area and the bullish bias would remain intact, therefore, corrections could be junt buying opportunities. Key Levels to Watch Support: The neckline around $523.12 on the 1-hour chart and the 21-day EMA on the daily chart are key support levels. If these levels break, it could lead to further downside. Resistance: The $539.77 is the previous top level, and if META breaks this key point, it'll reject the bearish thesis as it would cancel the H&S pattern. Summary The Head and Shoulders pattern on the 1-hour chart suggests a potential bearish reversal if the price breaks below the neckline. On the daily chart, we see the price losing momentum, but there is still time for a reaction. For now we should watch these key levels closely, as a break in either direction could signal the next major move for META. For more detailed technical analyses and insights like this, be sure to follow my account. Your support helps me continue providing valuable content to help you make informed trading decisions. Remember, real trading is reactive, not predictive, so let's stay focused on the key points described above and only trade when there is confirmation. “To anticipate the market is to gamble. To be patient and react only when the market gives the signal is to speculate.” — Jesse Lauriston Livermore All the best, Nathan.by Nathan_The_Finance_Hydra4412
META - 519/24META - trend analysis with elvels for support/resistance and pivot points for brett. --- calLongby calgunsaulus0
490 clear sign of supportAfter its huge run back up from the tech sector retrace, has slowed down since and could either make a new high or test its patience by allowing for more resources. On the downside for me.Shortby themoneyman806
META Market Insight: META (Meta Platforms, Inc.) In our June 5th, 2024 forecast, we advised a sell slightly after the market’s peak. Though not the highest point, this decision preserved investor capital and provided better re-entry opportunities. Key Points: • First Green Line (October 7th, 2024): A buying opportunity as the market calms, offering a favorable entry. • First Red Line (December 9th, 2024): A signal to consider taking profits or reducing exposure, preparing for potential turbulence. • Second Green Line (February 10th, 2025): A time to reinvest or add to positions during a period of growth. • Second Red Line (March 24th, 2025): Another cautionary moment, where safeguarding gains could be prudent. These lines guide us, much like subtle signs in life, helping navigate the markets with both faith and strategy.by trushkovskiy1