META - UP & Down ( check the breakouts ) Meta has had a decent uptrend. NASDAQ:META
- May break to next level (OR) breakdown
next level up 235 / it tread continues
down Level 170 / if breaks down.
Happy Trading !
FB2A trade ideas
Meta is going to tank SHORTThis company is a dumpster fire.
Shadowbans to force people to use add revenue to promote.
Mark zuckerburg is a loser.
Here are the targets for this company that has no true intrinsic value.
183
162
148
134
113
0
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Looking back on the FAANG trade and how far it's crashedWith all the recent bearishness in markets, the crash of regional banks, the carnage in Treasuries, I had a thought: what ever happened to FAANG?
My initial impulse was that FAANG, like many other stocks, would be hit especially hard.
The poster child of the epic bull run we saw several years ago - the modern tech run - the hype that caught the world's attention.
To my surprise, as you'll see in the chart above, the trend over the long-term is still ridiculously strong. Pay close attention to how these stocks performed since 2013. In addition, they are all larger today, by many multiples, with piles of cash on the balance sheet.
I don't have a say on where this basket of stocks will go next, but I walk away wondering just how worried the market really is about a prolonged bear market. I would have expected this basket to be down even more than it is now.
Yes, it has retraced to multi-year lows, trading at levels from 2019 and 2020, but considering the carnage in markets, this is actually holding up decently.
What's my trade?
I drew some levels. I'll wait for it to come back to previous support. But if it breaks, I'm out for good and the bear market could have a long way to go.
This is high up on my watchlist for market sentiment.
META SHOW A DIVERGENCEMETA 1-hour up section occurred Divergence, retracement into sideway trend area, the average intersection of the place will probably have two support, respectively, 182 and 170 near.
Say hi to the new CokeCoca-cola = mass consumption/addiction / global conscious creator
Meta= mass consumption/addiction / global conscious creator
Mark is going to be the 1st trillionaire by 2050
Look First / Then Leap
Meta retracementFib retracement on Meta is in the 0.5 to 0.62 range and I can see that you can draw a channel downtrend with the current price being very close to the top of this channel. Could be a shorting opportunity.
$META Trade Idea - Currently Red on 60m, 4H, D, Green on W, M$META with the 2-2-2d reversal on the daily with room down to the 9EMA
Bullish engulfing on the weekly
Calls over $202.10
Target $210
Puts under $195.30
Target $190.85
Please see video for details.
META- MAKE OR BREAKThis will all go down to Meta's earning call. If they have a solid solution to continue to make profits investors will most likely be confident to invest more. And move into upper channel, however if investors are not confident in Meta's direction, it will slide back down into downward channel.
This is not financial advise, I am not an advisor or financial specialist. All trades are risks.
The Content is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice.
META - Rising Trend [MIDTERM]- Medium term Investors have paid higher prices over time to buy Meta and the stock is in a rising trend channel in the medium long term.
- This signals increasing optimism among investors and indicates continued rise.
- META has broken up through resistance at 183.
- This predicts a further rise.
- Positive volume balance indicates that buyers are aggressive while sellers are passive, and strengthens the stock.
- Overall assessed as technically positive for the medium long term.
Verify it first and believe later.
WavePoint ❤️
Down trendBig ressitence and trend line and rsi with divergence i think 3 confirmations, and one gap to 4 confirmations
META Layoffs: Good or Bad?Most people assume layoffs are going to drive the price of the stock down. NOPE, general consensus on the professional side is the sooner layoffs begin, the faster the company can recover from declining revenues and earnings, and reinvent.
META is a stock in a sub-industry that has few members, hence it is used in many ETFs and mutual funds due to that rare sub-industry group.
It has some stiff resistance shown best on the weekly chart above current price. But with support from institutional investors, the stronger support level in the bottom formation is likely to hold.
META SET TO TURN DOWN NOW We called the low oct near 98/83 and the peak back sept 6th 2021 .Well it is nearing the end of a 5 wave pattern into a .382 here 202 /212 this is going to break and hard back to 135 area and soon . we now have neg RSI setup exit NOW
META going to 247?Yesterday from EPRAF indicator shows SB Uptrend door at META. SB Uptrend occurs when green line crosses up purple line. It show a good hint for the stock to go higher and higher. Based on the history, may be it will go untill 247 usd. Lets wait and see the performance.
META: Breakout: Cup and HandleMETA breakout with a first stage base/rounded bottom & accumulation. Low volume confluence with "handle" is setting up for breakout and second stage. KL: 204.80, 211.64, 217.51, 226.84, 236.99// Long Bias on higher auction and price rediscovery from levels last seen in Jan 2022 sees PT of 289.11// Beta: 1.16, ATR 6.79, IV: 40.55% // Bias: Risk On; Failure < 184.87// Price at time of publish: 200.79
META Daily AnalysisMeta has just touched Long-Term upper trendline and forming double top. RSI also showing weak strength on Daily chart.
Expect price to go down.
$META Long (Cup and Handle Breakout)Over the last few weeks, the market has experienced severe volatility due to the Financial crisis, collapse in oil prices, and indexes getting slammed.
However, the Growth areas of the market ($QQQ) and in particular Tech and Communication names have held up strong.
$META, being one of the largest components of $XLC (along with $GOOG/$GOOGL), gapped up on ER into what we would refer to as a COD setup.
The market has now given us a Cup and Handle breakout, along with a bullish momentum regime in the RSI, which we are using to justify a long position targeting the 230/230 area.
We will be using the Jun16 230/235 Call Debit Spreads at 1.00 to capture this potential price movement. At 93 DTE, we have plenty of time to withstand consolidations along the way.
We will cut with a stop below 185.
Another large, curved, momentum shifting structure for METAAnother one of these large, curved, bottoming, momentum shifting structures for META. Could be a good time for a long position.
META Interconnected WavesTiming related Fibs:
Relatively price oriented Fibs:
I know I should have put 0 on top but it would complicate things. Since 0.618 x 0.618 ≈ 0.382, we'd just put emphasis at derivative.
Cycle based angle indicates golden ratio just upper to the current price.
Wave Interconnectedness:
However I'd focus on relatively recent price levels.
Lines will act as counter force regardless of price direction.
WILL META STOCK CONTINUE TO RISE?Looking at the position of this asset, I will say that if the TL is strong enough to hold as support, then I will target $200 as my first buy TP.
Note: $200 zone is also the FIB38.2 zone making it a significant area to watch out for.
However, if the Trendline fails, we may be heading downwards $150 to fill the gap.
I hope fundamental favours META
SHARE YOUR OPINION, LIKE AND FOLLOW
META: Wait for possible bounce at 176support and bottem trendline support at 176, wait for it and see if it bounces, if not, look for gap fill down to 150s
META ShortSupport/Resistance
Possible double top
Short Entry 182
Stop 202
Target 150, 120
Risk management is much more important than a good entry point.
I am not a PRO trader.
In my trading plan, the Max Risk of each short term trade should be less than 1% of an account.
