Hello, according to my analysis of Facebook stock. There is a good opportunity to buy. We note that the stock has penetrated the ascending channel. Strong resistance at 330 level has been broken. All these indicators point to buyers taking control. Inventory is for purchase only. Good luck everyone.
As many of you may have already noticed, there has been a significant surge in Meta stock prices as Wall Street continues to invest more in this promising asset. In fact, Meta's stock price is approaching the impressive $340 mark, proving its momentum and potential for substantial growth.
Considering the present market conditions and the analysis of seasoned...
Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities.
If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
I will personally reply to every single...
METAUSD daily guidance is neutral with a bearish bias. Recommended ratio: 45% META, 55% Cash.
* BOUNCE WATCH . Equities, Equity Futures, Commodities, Cryptos, CNYUSD, JPYUSD, GBPUSD, EURUSD and US Treasuries are up. DXY and VIX are down. META has now fallen 77% from its ATH in September 2021 after posting two consecutive quarters of revenue declines and is...
Meta has not bounced from its support level as expected. We will wait for a day or 2 to see how price action works at this level before taking a long or short position.
The next level of support if the current support level(149 level) is broken is around 135. It would take some time to reach there, besides there would be some volatility with these ranges before...
Similarities can be seen between the first dotted upward trend leading to a rejection, and the second also leading to a rejection
Both retrace to the same uptrend
This is the daily chart, with the first rejection at 2.618 and the second at 4.618
Good buy potential on this daily timeframe
If you haven`t shorted FB at my first call, at $337, when Ark Invest started to sell it:
or when i warned you about a potential competition threat, at $340:
Then you need to know that Meta might have to shut down Facebook and Instagram in Europe, because it could soon find itself unable to transfer data between the US and Europe and so opt to no longer operate...
Looks like a nice dip for people that want to ride the metaverse wave with meta (fb)
price has previously been rejected at the 200MA before in a bullish fashion
3Rd time lucky
Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities.
If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
I will personally reply to every single...
Not financial advice.
The essence of investing & trading is the intelligent and patient preying on the greed, fear, impatience, addiction and ignorance of the majority. It's definitionally Darwinian.
In this update we review the recent price action in Facebook and identify the next high probability trading opportunity and price objectives to target.
Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities.
If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
I will personally reply to every single...
When it comes to FACEBOOK , last day market closed near 336 and it is right now near the previous demand zone, where most buy orders are waiting to be filled. From there we could expect a nice bounce off and good impulse to the upside. On the way to the upside, we should expect a resistance from T1, which was a previous resistance area. From there you may book...
Weekly chart for FB and newly named Meta
It can be seen along the 1/1 Gann line that a previous resistance (red oval) has turned into a support (green oval)
The 50MA can also be seen as a point of support in both points
Now is the time to go long, with the new Metaverse pursuit and the consistency of price displayed through history by Meta
Facebook suspended former President Donald Trump until at least January 2023,but retaliation has begun.
Trump Media & Technology Group and Digital World Acquisition Corp. DWAC have entered into a definitive merger agreement.
The transaction values TMTG at an initial enterprise value of $875 Million, with a potential valuation of up to $1.7 Billion depending on...
