Meta could jumpbased on past patterns, I believe this could jump sometime in the next week or so. could be a good butterfly opportunity, or just long optons.
FB2A trade ideas
Mega stock and what are meta perspectives? 😳In 2022, Facebook NASDAQ:META performed fantastically and fell -76% from its peak!
On the channel, we warned that this was a gift of fate and shares should be bought, because the company still has a huge audience, revenue and profit.
Yes, revenue is no longer growing at a rapid pace, but rather falling from quarter to quarter.
But the company boldly declared that it was changing the concept of business and moving into the creation of the Metaverses.
For half a year, the stock grew by 175% and became the most profitable in the Sp500 index.
What to do with the company now?
It is not yet entirely clear whether the company will be able to realize its plans in the meta world, but the positive action has already played well.
According to technical analysis, there is a slight upside to $290.
It was there that the first gap formed, after which the company began a landslide fall.
The chart does not like emptiness, so we can see the final upward spurt.
But then the stock has downside potential to $136, which is where the strong support is.
At this level, we will decide whether to re-enter the stock.
🔰 Now recommendation: stay away from the action.
You can think of a short, but only with a short stop.
There are more interesting ideas on the market now.
You can find even more profitable ideas in the profile header 🎩
If you are interested in analysis of any other asset - write in the comments and I will do it.
#Meta H4 The Set Up For A $276 TestIn this update we review the recent price action in Meta and identify the next high probability trading opportunity and price objectives to target
META Thought it might be fun to take a zoomed out view of META and massively speculate the price movement for the next couple years... will it get stuck in a channel down to its listing price and have a rebound from there ? or will it happen somewhere in between around the $70 mark,
This is literally some lines drawn over a chart with absolutely no research done what so ever. Done purely so I can press the play button in a years time to see what happened, so pay no attention =)
META with a bullish outlook following its earnings #StocksThe PEAD projected a bullish outlook for META after a positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 75%.
Meta (facaebook)This is why you need to zoom out and see the bigger patterns possibly morphing into existance.
Massive drops require time to create new proper launch pads to support next bull runs.
#meta #nasdaq #bitcoin #spx
META has a GAP down that hasn´t been filled yetThe Gap down made it before bearish moments, hasn´t been filled so I think after 245 area, we will have green light for more new bullish/long positions to the next target price!
META uptrendAll on the chart. META is sitting above EMA10, looking positive. Supports have been holding. Will follow the week and then zoom out to a weekly chart for a review.
#BA moving in EW3. Expect still bearish .#BA Daily chart bearish harami cross and rejected trendline.
#BA moving in EW3, so i still bearish #BA until it can re-test level 185-187$.
The last breathThis mini channel looks very weak. I think is going to break down, there is mayor resistance above and it doesn't look like wants to break it. I'll buy some puts tomorrow and see how it goes.
🎯 Trade Idea for $META:🎯 Trade Idea for NASDAQ:META :
With a strong rebound off the 9 day EMA 📈, wedge breakout 🔓, confirmed by the candle 🕯️, plus a 2-2-2u reversal in play on both daily and weekly charts 🔄.
📲 Calls to consider over $240.26.
🎯 Target prices at $241.75, $244.92.
📉 Puts to consider under $235.33.
🔻 Target down to $231.55.
Correction to $180 zone After completing an institutional buying module, which started since June 2022 and since we have closed a large segment that started since April 2022, I think it is very likely that a correction will start that will take us in a few weeks to the $180 price zone.
An entry below $230 with a stop at $245 which gives us a risk of 6.88% and with a possible profit run to $187 with a return of 18.6% is an r/r ratio position of 2.7, not bad.
META Update: Finishing Wave ((1)) of VMeta has made it to my target box for its wave ((1)). However, due to the MACD I still believe we have OMH to make before heading lower in wave ((2)). It's not required as this count can be considered complete. Either way, at this point you are trading for scraps and exposing yourself to a potentially big loss. The first drop of wave 2 is the A-wave which usually happens very fast and with little notice. I expect this wave ((2)) to take us to the 0.618-0.786 in the low 100's.
Bonam Fortunam,
--Tyler
KalaGhazi | Meta PlatformRise and shine!
Meta Platform has been performing really well in the past few months
Cup and HandlePrice is pulling back today but is still above the 50% mark.
Possible gap fill looming.
T1 and T2 have been met. Sometimes all we get is T1.
No recommendation
META SHORTI have 4 reasons we I am taking a short position on META:
- The timeframe I am using is Weekly, so the first indicator is the Moving Average of 200 days. As you can see on a chart we are trading right at 200 days MA line, we had our FED meeting, CPI numbers, and Earnings Report. There is really nothing left to move the stock up at this point. All the major companies are already reported their earnings so it is going to be hard to push up at this point. So first major resistance is 200 day MA line.
- RSI is also above 70 as of right now, remember I am using a weekly chart. Above 70 means it is telling us the stock is at the overbought level and it needs to cool down.
- MACD is also trading at an extremely high level above 20, it is rare to see a chart, especially on a weekly timeframe that is trading above 20 on the MACD level.
- Last reason is Fib Retracement because I am using a weekly chart I used retracement from an all-time high to a recent low. At this moment Meta is trading around 0.5 and facing resistance.
There you have it we have RSI, MACD, Fib Retracement, and 200-day MA indicating that there might be a big short movement coming up.
Cup and HandleMarket darling and I am not sure if it matters if growth is expected or if they miss earnings.
The markets seems to neglect negative data on some stocks and this is one of them.
C&H patterns are calculated using the depth of the cup. Cup low is 88.09 and the left side/also known as the sell side/ is 183.85.
No recommendation.
META has no dividend.
Sometimes we do things that have no rhyme nor reason, but it cranks our tractor so we do it (o;
EPS (FWD)
9.64
PE (FWD)
21.31
Div Rate (TTM)
-
Yield (TTM)
-
Short Interest
1.30%
Market Cap
$532.40B
META levels for options tradingMETA daily and hourly
Holding the 9EMA pretty well on the daily and consolidating in a tight range. watching this little pattern on the hourly ping pong back and forth. I have eyes on 236-237 as a resistance and 230 zone as support. Watching for which side breaks first, until then can trade the range in between.
Meta to 190$ Meta reached the top of the trend line about to get rejected. Watching it to retrace back to 30day SMA to break down from rising wedge.
