A brief Analysis of meta Facebook stockLooking at the stock post Earnings date, what things become Immediately clear? do you See an Uptrend? Is momentum Gaining or declining? How is the Company's approach to AI working? Are there any observations that you can make by looking at this chart?by sofearnotUpdated 25255
Does META have further upside ? META is slightly above the 8EMA ($294.11) on Daily and weekly basis but below the 10WMA ($298.36) .If Price clears and stays above $299 the stock will head to max resistance target of $309-$316. Likely Targets above $316 are $317,$321,$343,$352 and $382 On Monthly basis the stock is moving parabolic for last 8 months and suggests limited upside until price closes above $316. On the downside if the price closes below $290 , Likely Target is $272. Overall indecisive until price clears $299 or $290. Note September is volatile month so caution is warranted with sizing and stop loss. by truthseeker61
Meta's stocks are now in high triangle consolidation Meta's stocks are now in high triangle consolidation This figure shows the weekly candle chart of Meta Company's stocks over the past two years. The top to bottom golden section at the end of 2021 is superimposed in the figure. As shown in the figure, since the end of October 2022, Meta Company's stock has shown almost no significant pullback or surge. Recently, it has been suppressed by the 0.618 position of the top to bottom golden section in the figure, and has now closed for three consecutive weeks below the 1.000 position of the top to bottom golden section in the figure! And Meta's stocks are now in the early stages of relatively high triangle consolidation! So, for a period of time in the future, just use the top to bottom golden section's 0.618 to 1.382 positions in the chart as the long short split range operation. Sell high and buy low within the range, and chase up or down outside the range!by Think_More1
MetaDouble bottom here.. Made the handle today with the pullback on low volume.. the next Long over 298, 1st target 310. If it can break over that 322 gap close.. Long only over 298.50 , stop loss 295 My Fib levels are from ATH an 20$ IPO low so 297 or .236 is toughLongby ContraryTrader226
Cup & Handle/Weekly Price is Not to long entry level. This is a weekly chart as the cup is easier to see. It is a large cup. Resistance overhead. Cup targets are calculated using the depth of the cup. No recommendation.by lauralea332
META: Make or Break at TrendlineIf META can continue the upside movement and close above 301.76 in the next coming days that would break the downward trend and be bullish. However if META does not close above 301.76 in the 4hr chart, downward trend still in play and price target around 275by mrmagic0
META stock going lowerMETA has recently broken below a well-defined ascending channel, signaling a significant shift in price dynamics. The breakdown indicates a weakening of the previously established bullish trend and the potential emergence of a bearish phase. In addition, the completion of a head and shoulders pattern occurs when the price breaks below the neckline. In this case, the neckline has been breached, confirming the pattern's validity and providing additional credibility to the bearish outlook.Shortby UnknownUnicorn485265536
Straight up, straight down.Looking for deep value again. Fib retrace is all you can throw onto this chart, since its an illogical mess.Shortby MikeMMUpdated 337
META First Buy signal in a month.We have been issuing strong buy signals on Meta Platforms (META) since November last year. A perfect example was our February 02 (see chart below) analysis that came with a huge final bullish warning while the price was still at $189.00: Following the recent -15% pull-back, the strongest correction basically since the November 03 2022 market bottom, the stock price is flashing again the first buy signal on the medium-term as it is testing the 1D MA50 (blue trend-line) as a Resistance after a rebound near the 1D MA100 (green trend-line), which has been intact since January 10. On top of that, the 1D MACD is on course to form the first Bullish Cross below 0.0, since November 09 2022, which was essentially the bottom of the Bear Cycle. As long as the 1D MA100 is intact, we will buy the 1D MA50 (candle) closing and target 326.25 (Resistance 1). If it closes a 1D candle below the 1D MA100 instead, we will wait and add a 2nd buy position at 260.00, near the Higher Lows trend-line and keep it as long as the 1D MA200. The target for that position will be even higher, as it will be a long-term buy signal, aiming at the All Time High of 384.50. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇Longby TradingShot5516
META SELLMETA sell trade, setting sights on 139.26. This is a long one – could take 6 to 18 months, looking at over 50% drop from its value. Time is my measure. Will keep tabs on it. #META"Shortby GlobalHorns3
META short running position REOPEN possibilityWe went short on META PLATFORMS (Facebook) Our 1/4 r/r target has been reached We can reopen now and hunt the lower demand zone. If you haven't placed the first trade, maybe wait for another opportunity Shortby EquilibriumTradingAlexMOUpdated 4
$META -Dangeours Place to Buy(30mins) - A buyers must take note that NASDAQ:META is at a very high risk place to be purchased ! Not only has a strong down-trend taken place, but there is plenty of room to the downside. (-20% negative draw-down from here if price hits the green support trendline) Despite today's bounce at a key-level and breaking the first trendline resistance on red, it is currently trading just below 297.85$ key level mark after bouncing at 276.8$. Even Breaking 297.85$ KL, resistance marked on red rectangle @293$ welcomes the price to be slapped by it from Sellers. TRADE SAFE *** Note that this is not Financial Advice ! Please do your own research and consult your own Financial Advisor before partaking on any Trading Activity based Solely on this Idea.by Mr_J__fxUpdated 4
META NEWS Meta news Facebook NASDAQ:META is preparing to launch software to help developers automatically generate programming code, a challenge to proprietary software from OpenAI, Google and others - The Information by Sunnylifemoney0
META Short opportunity Chart says everything. This would be a mini short trade.Shortby zongweiUpdated 3
META Platforms - $275 Nice Entry Point 0. Notes to follow; 1. After selloff in Meta, looking like an attractive entry point here. by drchelsea1224
META, 7d/-16.61%falling cycle -16.61% in 7 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 Tonyder3
Facebook: $330 | Buy Order at $280 & $230 funds re balancing and old money cashing for q4 income report fundamentally/// FB takes the lead to metavesse space in 10 years and this could be a 4Trilion Cap company.. $4T = How do you make 5x (Fund Sop Yield) at $4T starting 2022 at $150 should be a good Base Cost towards $900 a 5x return for Dead Capital in the next 5 years by 2024by senyorUpdated 141414
Zuc Short Going As PlannedZuc short going as planned, went in first 25% a little early but am 75% allocated around $320 average. Will throw in last 25% on a bounce here. Stops well into profit but plan on riding this until weekly stoch RSI bottoms. Not advise.Shortby A5gamakatsuUpdated 6
Unfilled gaps bbbbeeeellllooowwwwwNASDAQ:META has unfilled gaps -25-65% below current levels. I believe that there's a better than 50% chance that they get filled over the next year. Shortby Robertlesnicki2
META | Breaking DownSame as Apple, Meta broke uptrend by going below 50DMA and retesting it as resistance. Shorted on retest 294$. Hedge trade for long term holdings, looking to close gap at 225$. Shortby aivainvesting6
META- SHORTNASDAQ:META is looking weak. Good opportunity to short with breakdown from the channelShortby Colbyt963
Possible Falling Wedge on METAHey Guys! I am still learning how to identify common chart patterns and potential plays, so I would love some feedback :) I see a falling wedge pattern here in META that I think will bounce back off demand and if it plays out like a traditional falling wedge, should break the upper channel to at least 1st supply/resistance zone in the chart. What are your thoughts? This could be a nice easy play if it goes the way I think it might. -Pineapple Options Tradingby soulutionist112
META Reversal Incoming (1D)META Daily Price Chart META has been in a relatively straight uptrend since bottoming out in November of 2022 but has recently just touched a level of high resistance with increased selling volume. This rally has come with the three gaps theory (Highlighted White) beginning with the breakaway gap in February 2022 and ending with the exhaustion gap back in July; both verified with increased volume. Following this theory the first sign of a reversal is the exhaustion gap being filled, which has just happened, however it's not a definitive sign. This is accompanied by another small break in the major trend line (Yellow Solid) and the first close below the 26-day EMA on 8/11 since the rally started. The EMA's are beginning to curve down (12-day) or flatten out (26-day and 50-day), so if we do get a 26-day / 50-day cross the targets below (Light Green Boxes) will cine into play. Relative Strength Indicator Most notably on the RSI is the recent bearish divergence (Aqua Solid), but this also occurred in the months prior and did not break down, why? Price action never broke below even the 12-day EMA and the RSI's second peak was above the 70 level while remaining elevated afterwards (Highlighted Aqua) indicating the strength of the trend; the higher the RSI the stronger the trend. The most recent bearish divergence saw the second peak of the RSI top out just below the 70 line and move lower to touch the 50 line; so do we break down? A bounce is definitely possible, which would also most likely push the price action to form a head and shoulders here, however this is the longest time in the history of META that RSI has remained above the 50; After checking, the only time it comes close is when multiple spikes below the 50 are present. The argument here is for a break below the 50 and strengthening the chance of a change in direction. On Balance Volume OBV has been in a upwards channel since March and has offset the prior bearish RSI divergence with using it's peak as support (Aqua Solid), which has just occurred again in the past several days. These small support levels also accompany a new a high made back in July, but has since fallen below it. If it does push higher it's technically in a "price discovery" environment, but with the factors above taken into consideration a signal of a reversal should be imminent; target supports (Light Green Boxes) are outlined below if this happens. TDLR; Why read the book when you can Google the sparknotes amirite? Seems Legit. Anyway, price action has completed a third gap (exhaustion) and has pushed lower to fill it (not a reversal conformation). EMA's are beginning to curve down or even out and the price has it's first close below the 26-day (on 8/11) since the rally began in Feb 2022. RSI has formed a another bearish divergence after previously failing to abide by the laws of bearish divergence; we swear it's going to work this time. It's also notable that this is longest length of time that the RSI has remained above the 50 level; like, not even a spike down, deng. OBV on the other hand is chugging along in it's channel like nothing is wrong using previous peaks as supports and has even made a new high. What Seems Legit? A reversal soon, if not from the most recent bearish divergence then possibly from a head and shoulders pattern. Basically looking for everything to break down at the same time, but a small is possible since the indicators are a bit mixed. The price is wrong Bob, come on down. Chart Key Yellow Solid = Major Trend Line Red Solid = Major Support or Resistance Aqua Solid = Divergences Red Box = Resistance Green Boxes = Supports / Target Areas White Highlighter = Gaps Aqua Highlighter = RSI divergence post peak comparisonShortby Seems_Legit_Research224