METAMETA is showing strong resilience, consistently bouncing off my trend line upon retesting. The upward momentum in META appears promising at this stage.
FB2A trade ideas
META to $455Overview
META is approaching a possible landslide that may take the share price to around $455. An influx of insider liquidation paired with healthy market skepticism supports the possible correction.
Fundamentals
Overall the company appears healthy according to their 2023 Annual Report. The only filings that I found concerning was the abundance of 144s that indicate insider liquidation. As of late, insider liquidation has been heavily present amongst most of the Magnificent Seven companies (GOOGL, AMZN, NVDA, and TSLA)
Technicals
A bear flag is forming after the rally momentum rounded out and is now beginning to develop a descending triangle. The oscillators don't support a breakdown at the current time so a possible bounce back to the triangle's resistance line around $505-510 is possible as the pattern continues to develop.
Stock Market Logic Series #9Two Daggers Buy Pattern EXPLAINED
This is a super powerful pattern for a buy. Especially if you are a value investor.
What do you want to look for?
1. You must see TWO daggers to the downside.
A dagger is an extremely abnormal drop in price with a HUGE volume.
You want to see the first dagger, and then pray for the price to continue falling at a normal rate.
Normal rate = people are trying to pick the bottom (without success).
Then you want to look for (wait = put alerts) for the SECOND DAGGER.
Then after the second dagger arrives and you get a second sharp drop in price, then you want to expect a rejection up and a new strong trend up should emerge.
2. Exterme volume on the daggers!
Ideally, you want the volume of the second dagger to be bigger than the first one.
This means that someone is loading all he can get since he KNOWS KNOWS KNOWS that the price is going to get higher for sure.
I bet you would have done the same... if you KNOW KNOW KNOW its going UP!
This pattern does not happen all the time, and it is more likely to happen near the end of a bear market. But prices get so unreasonably cheap, that its obviously for fundamental reasons that they are wrong! so someone who KNOWS will take all the money he can get to load into this stock at this price.
META short gap fill idea $474-78Dowsing (not technicals) give me a heads up to watch META and suggest a "spike down and reverse up". I did have a little intuitive hit this weekend that markets might have a decent move down on Tuesday. Anyway, I check for targets and it's in the zone of the gap fill, funny enough.
I'd be looking long around this area as much as I'd be looking for a short term short now.
I ask what to tell anyone who reads this and it says, "bear trap". We'll see!
Meta Madness: Big Crash or Further Surge After the Mega Rise?Meta is a particularly intriguing stock that experienced a significant selloff at the end of 2021, with an overall pullback of 77%. Since then, however, we've witnessed an extraordinarily robust surge of 444%, which is remarkably strong. Yet, this rise came without any interim corrections, raising questions about when such a correction might occur. We've concluded our Wave I in September 2020 and have since formed an ABC correction, ending Wave II at $88.41. Following this, we've seen a rise to, and here's where it gets interesting, two possible scenarios: either an overshooting Wave (B)—note that this would mean Wave 1 isn't where it currently is, but rather at the Wave (B) level of $384. If Wave (B) precisely hits 138% at $496, which we've exactly reached without exceeding, this is where our concern lies. We'd like to see Meta invalidate this scenario by surpassing the $496 mark for a larger pullback to occur. Primarily, however, we're inclined to believe that we're heading into a Wave (2) correction, expected to lie between 50 and 78.6%, that is, between $288 and $174. Following this, the trajectory for Meta is anticipated to climb significantly, but this remains a scenario for the distant future.
META 4HR CHARTAm I the only one who has noticed this channel META has been trading in? I mean technically this is an uptrend, and asset prices do trend. I will say it's struggling to stay above the 500 plus range. It got above it a few times, but not for long. So what happens here? Do we continue to trend up and eventually breakout, or do you see Meta give back these gains from when they introduced the dividend. That large candlestick is a gap on the daily chart down to 406.
EU Launches Probe Into Meta, Apple and GoogleIn a landmark move under the newly enacted Digital Markets Act (DMA), the European Union has initiated a comprehensive investigation into tech behemoths Apple, Alphabet (Google's parent company), and Meta (formerly Facebook). The probe, which marks the EU's first under the DMA, aims to scrutinize potential anti-competitive practices and ensure fair competition within the digital ecosystem.
The investigation, announced on Monday, encompasses a range of issues spanning from Apple's App Store policies to Google's search engine practices and Meta's advertising model. At the core of the probe are concerns regarding anti-steering rules, self-preferencing, and the implications of Meta's "pay or consent" model on user privacy and choice.
Apple and Alphabet, in particular, face scrutiny over their implementation of anti-steering rules, which prevent businesses from informing users about cheaper alternatives outside of their app stores. This investigation underscores the EU's commitment to fostering a level playing field for businesses and consumers alike, amidst growing concerns about the dominance of tech giants in shaping digital markets.
Notably, Apple's recent run-ins with the EU, including a hefty 1.8 billion euro fine for anti-competitive practices related to music subscription services, underscore the regulatory pressure facing tech giants operating within the European market. The probe into Apple's App Store policies and Safari browser further highlights the EU's focus on ensuring user choice and fair competition within the iOS ecosystem.
Meanwhile, Alphabet faces scrutiny over potential self-preferencing in Google search results, raising questions about the company's adherence to fair competition principles. With the EU probing whether Google's display of search results favors its own services over rivals', the investigation sheds light on the complex dynamics of digital markets and the challenges of regulating tech giants with vast influence over online ecosystems.
In the case of Meta, the investigation centers on the company's ad-free subscription model and its impact on user consent and data privacy. The EU's scrutiny of Meta's "pay or consent" model reflects broader concerns about the accumulation of personal data by tech gatekeepers and the need to provide users with meaningful alternatives.
As the EU's investigations unfold, tech giants are bracing for potential fines of up to 10% of their total worldwide turnover, highlighting the significant financial implications of regulatory non-compliance. Moreover, the probes underscore the evolving regulatory landscape facing tech companies, as policymakers seek to address concerns about market concentration, data privacy, and consumer welfare in the digital age.
META could fall from ATH SHORTMETA on the weekly chart is at the ATH which is as a consequence at the third upper VWAP line.
The RSI indicator shows the faster line crossing under the slower line. The relative trend
index has topped out. Both represent bearish divergence. META makes its money with
advertising dollars for revenue. There are increasing challengers to split revenues that could
go down if a recession happens. Other headwinds are the federal regulatory blaming META
for issues such as foreign interference in our elections, or child molestors floating on
the platform without adequate protections for minor or collusion in a monopoly with other
high flying targets. I find this to be a good juncture to take a short trade in META on a swing
looking for it to last until the next earnings period.
META bright future ROAD TO $300+Quest 3 is coming out any time this year on fall. This will be revolutionary.
Short Meta updateThe recent top is our first pivot point, we will anchor short entries below the 472 level with target 1 at the previous top 384. This is the first test trade against a pivot top and a tight stop range should be set.
There is a massive short coming which will be a steep fall, a crash fractal unless the cycle alters in an unlikely event.
Trade safe, stay connected..... good luck
Short METAThe recent top is our first pivot point, we will anchor short entries below the 472 level with target 1 at the previous top 384. This is the first test trade against a pivot top and a tight stop range should be set.
There is a massive short upcoming which will be a steep fall, a crash fractal unless the cycle alters in an unlikely event.
Trade safe, stay connected..... good luck
META - Updated analysis after nailing our 20 point shortIf you caught the move down utilizing my last video, bravo. We knew what to look out for and why we were expecting that move.
Moving forward, we do have a bullish bias considering the strong recovery off of yellow support however we are going to need green and blue tapered selling to continue to build liquidity for a larger breakout. We can see massive liquidity built in our left shoulder for a potential grab of liquidity and confirmation of an inverse H&S.
For immediate price action, we do need to see our orange strong buying continue to carry price - and if magenta more tapered is what is holding us up, we do expect a retest of the bottom of our green and blue tapered selling algos. This, although short term would be bearish, would be great for bulls to utilize for a larger breakout upward.
Keep an eye out for those levels to act as support and reactivate our strong orange buying.
Happy Trading :)
META/ Facebook Analysis - Continuous, Just as the Markets !This is a Thread, so Follow for Technical Analysis performed with TrapZone Pro & UMVD Indicators.
* Trend is Based on TrapZone Color
* Bar Colors give us Momentum Green from strong Up Moves. Red Bars point to strong Down Moves.
* Red UMVD = Selling Pressure & Green UMVD = Buying Pressure. Purple is for Divergence = Battle of Supply & Demand
--------------------
1-17-2024
RED UMVD pulling the price DOWN deep into Green TrapZone. Lets see if GREEN UMVD shows up and buyers rescue this retrace !
META: $440 is the least sellers can target.META Platforms may have turned neutral on the 1D timeframe (RSI = 53.558, MACD = 15.800, ADX = 23.681) but remain extremely overbought on the 1W (RSI = 76.808). The stock hit the HH trendline that dates back to January 2018, while the 1W MACD is about to form a Bearish Cross. During these six years, the stock has had five standard corrections (excluding the 2022 Bear Cycle) between -15.90% and -44.00%.
The minimum one was the most recent in August 2023. We expect at least such a -15.90% correction before buyers start accumulating again above the 1W MA50, so our sell target is placed accordingly (TP = 440.00).
See how our prior idea has worked out:
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META - 10-30 point short staring us right in the face!This will make more sense to you if you've watched my previous videos on META or really anything - same analysis, different equity.
Keep an eye out for a rejection of this levels especially near teal which will be the driver to take us down.
Livestreaming at 9:30 AM EST today for those who want to see me approach this in real time!
Happy Trading :)
Meta Platforms:From Struggle to Surge - 2024 Investment OutlookIn 2022, Meta Platforms faced turbulent market conditions amid doubts surrounding CEO Mark Zuckerberg's metaverse ambitions, resulting in a significant 64% decline in share prices. However, the company's trajectory has undergone a remarkable transformation since hitting rock bottom, with shares soaring by 321% since the close of 2022.
Despite this impressive rebound, Meta's shares continue to present an attractive investment opportunity, supported by several compelling factors.
Meta stands out as one of the top-performing stocks in 2023, trading at a forward price-to-earnings ratio of 25.6, representing a discount compared to the Nasdaq-100 index's average forward P/E of 30.4. Wall Street analysts anticipate significant growth for the company, with projected compound annual rates of 14% for revenue and 21.3% for earnings per share over the next three years.
Moreover, Meta's unparalleled dominance in the social media landscape is a key driver of its appeal. With Facebook, WhatsApp, Instagram, and Messenger boasting over 4 billion monthly active users collectively, Meta's reach is unmatched, engaging nearly half of the global population.
The company benefits from formidable competitive advantages, including powerful network effects and a substantial data advantage, positioning it as a leader in digital advertising. With $132 billion in revenue in 2023, Meta has become the preferred platform for advertisers seeking targeted advertising and value for their spending.
Meta's robust financial performance further enhances its investment appeal, with a 2023 operating margin of 35% and $43 billion in free cash flow. The company's strong finances enable it to return capital to shareholders through stock buybacks and dividends, reflecting its commitment to delivering value to investors.
In conclusion, Meta Platforms emerges as a compelling investment opportunity in 2024, offering an appealing valuation, unparalleled social media reach, and robust financial performance. With its leadership position in the digital landscape and strategic investments in the metaverse, Meta is poised for continued growth and success in the years to come.
Unlocking $META's Momentum: A 10AM Breakout Analysis -5min ChartDive into the heart of market volatility with our latest analysis of NASDAQ:META 's price action, centered around the critical 10AM box on the 5-minute chart. This video breakdown offers a comprehensive look at the key movements and trading opportunities that emerge in the early hours of trading. Whether you're a seasoned trader or just getting started, our insights will help you understand the nuances of NASDAQ:META 's behavior and how to potentially capitalize on its patterns. From technical indicators to momentum shifts, join us as we uncover the strategies that could define your next big trade
META - Watch out before going all out longWe are no longer respecting our strong buying continuation algorithms and therefore that tells me we will have a tougher time making new all time highs without further liquidity being built. Keep an eye out for a rejection of the bottom of these stronger daily algos as price attempts (with this bullish CPI data) to reenter them.
Happy Trading :)
Buying FB and adding down to 207 As part of my ongoing campaign to accumulate beaten down stocks on big support levels in case there's a new bull leg due to start, buying FB and will also add if it goes a bit lower.
If we hold the 76 fib we can see a bull move.
SHORT WITH TIGHT STOP RANGEThe recent top is our first pivot point, we will anchor short entries below the 523 level with target 1 at the previous top 384. This is the first test trade against a pivot top and a tight stop range should be set.
There is a massive short upcoming which will be a steep fall, a crash fractal unless the cycle alters in an unlikely event.
Trade safe, stay connected..... good luck
META - the eventual gap fillNASDAQ:META looks like it could go up until a catalyst hits to send it eventually down to the gap fill.
Zuck It Noobs...Looks like the top longers have ran out of zuck I mean luck - In all seriousness I think this is topping out and we're heading for a big correction.
