Now that NASDAQ:META has closed above all EMAs on the daily, is it time for long calls? MACD is still negative but now over the SMA on the daily with healthy RSI trending within the ichimoku cloud. Looking for a retest at the Golden Fib Retracement level of 486.80. If we break through that $500 should be inevitable in the long call.
Read latest news here Post trading hours, the company has fallen nearly 20% to reach the current price of 418.85. I will be waiting patiently for the gap to be closed and see if there is bullish signals before going long. Tech stocks have gone up a lot, short term traders will be smart to take profits, investors - chill and await good opportunities to accumulate.
Loading July puts in the price range 460-485. I will continue to accumulate puts in this zone until either of the 2 scenarios below occurs: 1) If price drops below 460 at any point 2) If price is still in this zone on 5/14 (next Tuesday) If either of these occur my position will be complete. Main/primary forecast: - Reversal begins tomorrow 5/9, initial...
NASDAQ:META had a good run, but now that run is coming to an end. I started buying puts today when price was at $524. I bought 6/21 $300P. There's a chance price could break the current highs, but it wouldn't change my bias. I think starting later this month, we're going to start to see a large move down in META. Overall, I think there's a possibility that...
It is a Fake breakout for sure Kdmsmsmamsmamamwmsmsmekekekfkifignngntjroodkr
Disclaimer: This is not financial advice. Trade at your own risk. NASDAQ:META gapped down overnight creating a large volume imbalance in price. Without delving into fundamentals, NASDAQ:META looks like it will soon be at demand. Seeking price at a discount comes with the risk of buying before bottoming out. It also seems like a lot of traders are fearful...
On a 1-hour time frame, observing Meta's price action gap involves noting sudden shifts in opening and closing prices between consecutive candlesticks. This discontinuity signals significant changes in market sentiment and supply-demand dynamics. Traders interpret bullish gaps as positive sentiment and increased buying pressure, while bearish gaps signify...
There are many ways to make money with stocks. You can buy well-managed companies with growing earnings, hold them for years and watch the stock prices rise as the company succeeds. This conservative investing style sometimes rewards investors with huge long-term gains. For example, early investors in Microsoft or Bitcoin saw their investments grow MultiX in a...
Hello everyone I am so sure about corrective waves patterns but I am sure that Meta in stuck in a mid-term correction. Let it go down and we will get in in the lowest prices. Be safe and Happy
Fundamentals: Sales have accelerated in META and earnings are above 20% q/q. However, its three-year earnings are below 5%. But if this changes when earnings come out in April 2024, then that will renew META as a super stock for 2024. Weekly: uHd 50% fib and diagonal support with a-b-c extension downward into support. Kijun trend bounce target: 600-800
This is a follow-up to my Big PIcture calling for $489 (click) High Gravity fib has held us in orbit for 2 months. Just got a retest on the day of Earnings release. This could mark the top or start next leg today. Time of this post is BEFORE the release, chart will not show results until next day. . Here is my big...
META took a shellacking on the last ER. It's way oversold on the daily, we could fill the entire gap down but we should easily bounce to $459.98 and $473.00 market dependent and cooperating it could fill entire gap to $486.62 in a best case scenario. Buy calls, or sell put credit spreads is the best way to play this 1-4 weeks out
Nice to meet you. SEOVEREIGN - server. Usually, the market determines the direction of determining the direction before there is a FOMC meeting. But this time, major indexes such as Naes and SPX DJI started the HaX DJI. Among them, it is META. Mary's gonna arrive at the high point of Elliot Parker. The stock price may be paid in the future Metropolitan Government...
Possible LONG on META stock off W dz 1/3 RR Maybe it is possible to target opposing D1 imbalance
Hello Traders and Investors, today I will take a look at Meta Platforms. -------- Explanation of my video analysis: For more than five years Meta Platforms has been trading in a reverse symmetrical triangle formation. We saw the last retest of support back in the end of 2022 which was followed by a decent rally of +450% towards the upside. At the moment Meta...
Meta grabs liquidity from Buyers at Supply zone then enters a range for S&D zone , for now its at Discount Price Range good long reversal expected unless theres not enough liquidity and create Trend Change to Short
I can spot a perfect 5-up wave pattern from October 2022 through March 2024. A correction is likely to follow next. On the chart we have a classic Zig-zag (ABC) correction (5-3-5) but any type of correction can develop. It can be flat, complex, extended, irregular, etc. There is always the possibility that wave five is not yet over or that it becomes extended;...