Meta at resitanceMeta has had a nice bounce recently and broke out of a down trend quite strongly but now it will meet resistance as it is just below the price of the 2018 low which is marked on the chart.by MrAndroidPublished 2
Meta is a bargain.Meta is a bargain. It is also finally firing a good amount of his workers which will increase profits. And they are still getting billions on profits and billions users on IG and FB.Longby MarcR2Published 3
Meta macro indicator 3month cup&handleAs per my macro anaylsis i can see inverse cup&handle on Meta which is going to take us around 44 Usd dollar. Not a financial adviseShortby Trade_Guru1989Published 0
META - Channel and Fibs Meta at a quick glance technical's and spider web channels as Ive been told. I call then Spider Channels now. Spider channels. Based on what I can tell at a glance with Fibs, most of the resistance will come in at about 190. I might be wrong, VRVP says I am. No one knows the future. There's no time like now.by hmaroudasPublished 4
META Long position. High price fall, but lower revenue from CFDuring the recent price fall in the share price of META, there may be a good entry point for a long position; 6 months and beyond. If revenue keeps reducing from cash flow (CF), one should wait for a lower entry point, or consider a short position. Longby FriskySandwichPublished 1
buy into metaLike it or not! There are not many places advertisers can go! And if you don't believe in digital advertising or if you don't believe our lives are affected by the digital world then you can go buy Mall/retailers stocks. but for the people who believe that more of our decisions and influence will involve in the digital space, then META is the only place to be! Recessions wont last forever, and sooner rather then later, people will still buying again. Where are the advertisers going to go? lets see 1) APPLE - but they have already been identified as having a monopoly, and the war with Elon Musk could give regulators the catalyst to look into their advertisement business! Its unlike Apple will push further into this category, they need to protect their iOS phone business and wait to grow their area when they get the Apple glasses ready. 2) TikTok - no doubt, it is capturing eyeballs and market share. But is it capturing advertisers? Probably not, I think American companies have learnt from Russia and they will not want to make investment in a platform that may become banned if the US escalate things with China. Capturing eyeballs, but not capturing advertisement business. 3) SNAP - Probably a trojan horse, it is ahead in the AR business, but if they can get their act together around hardware and bring out a worthy SNAP glasses we could see some pivots from advertisers and brands! But its more of a co-existence with META rather then direct competition 4) Google - As big as their search engine business is, their other business is completely hopeless! They are nowhere on messaging, I would say their messaging app strategy is a mess, its not co-ordinated with google maps, google search or Youtube! How hard is it for retailers to message you if you clicked on one of their ads or watched an video ad or searched for direction on google maps! They know everything about you, but they fail to execute, maybe because like Apple, they are worried about regulators and want to protect their search business at all cost. 5) Pinterest - Probably a nice grower, but you have to put alot of time and investment into this to take advantage. Its less of an impulse buy but protected from Apple's privacy protection. Unless there is a re-platforming (ie death of the mobile platform), the most common social media/messaging/commerce platform on everybody's phone is owned by META, and this category is still growing, it has only been around for less then 10 years, and probably has another 10-15 years of growth left. When the bull-market starts raging again, the advertisers will come out in force to push their products into META and SNAP! META probably has another 5-10 years of growth left, easily to double or triple your money... Longby Macro-Traders-StrategiesPublished 5
Pumping! Channel Down Until BrokenMETA is pushing up Marubozu green candle which is bullish today. Shaven at both ends which makes this candle more bullish. I always tend to stop and think, WOW, when stocks like this push so far up in a day. To me it is a funky up day when everything plus their brother goes up. But they are placing a price to pay at a later date for that brother to pay. Granted, Facebook is not going anywhere anytime soon. FB is part of our society but it is not just Facebook anymore. Since I do not completely understand how wonderful the Metaverse will be (I am sure what is is exactly) but I am sure it will be like a heavenly body one day. Afterall, Z created it. (I think you can make your own avatar and interact with folks using your avatar but I am not sure) For now, since the Metaverse is like Extraterrestrial life forms that could be years away, I will watch it. I follow the markets and when I see stocks like this gaining ground, I stop and think...Is everything going up today or is this just so far in a hole, it has to go up? Watching and waiting. That is what most folk's entire life is about. I will skim across this chart from time to time though. If you just wait and never watch, you may miss something )o: No recommendation/Earnings estimated to be 1-25/Short interest is low at around 1.6%by lauraleaUpdated 3
Recap of QuickTrade Idea 192 : METAToday, Strong breakout of the level and target hit + extension higher Max Drawdown 0% Top Performance +3.23%Long00:29by TizyChartsPublished 0
Trading The Correction In Meta PlatformsIn this update we review the recent price action in Meta Platforms and identify the next high probability trading opportunity and price objectives to target01:27by TickmillPublished 2
META - my oculus sees a gap fill Gaps get filled. Green arrows show latest dip buys filled the gap from the mass sell off. My red arrows show potential gap fills to equalize this out. Entered PUTS late in the afternoon in anticipation of a gap fill to the downside and seeing the post market dip as well as nice candle Pin off of the 20ma (red line) on the daily gives me a solid indication of where the METAverse is headed in the next few days. The is not investment advice just another one of my crazy ideas…. trade at your own risk. Will I put dinner on the table with this trade? Like and follow to find out!! Yehawwwwww traders! Shortby Verum0Published 111
#META 4hr chart reversing off bottom of channelMeta seems to be reversing off the bottom of the channel which has held meta price action lower since the February gap down on results. This reversal is coinciding with news that the FCC boss mentioned that the US Should ban TikTok - widely known to be one of facebooks fiercest competitors in the space. Let's see if we can get some follow through on this move..Longby MarcoOlevanoUpdated 1110
$META flag on the 30m with some gap left to fill from the daily Still some room to fill on that gap from the daily, volume dropping off, flag forming. Longby ajoenamedjoePublished 2
trendlines don't lie! 😊currently trend support from early 2022 acting as resistance in late 2022. this is a bad sign for bulls, for now bearish bias is logical. If we climb back above trend support a bull move is possible. last chart from me today, drop some boost and follow to show your support.. thanks 💙Shortby Vibranium_CapitalPublished 8824
Short entryPossible false break on the downtrend at the 50 SMA & resistance, waiting for confirmation. Would be eyeing the gap fill + launch or a retest of the lows. (depending on market conditions)Shortby Nick_InvestsPublished 0
META Put after break of ~105 areaLooking for a Put option on META after breaking below ~$105, Overbought STOCH RSI (Caution: possible bull flag formation, waiting for confirmation)Shortby stock_lurkerPublished 1
FUTURE META MOVEMENT ( BUY )Depends on the previous movements of the chart and recent meta activities we can notice - the strong short movement is coming to and end due a recent push in buying power - the crossing in the purpel hma indecatore - good support pressure - best move : wait until the price crosses the yellow hma indicator and go in as buyersLongby fhuutuufPublished 0