Back in February Facebook/Meta NASDAQ:FB dropped over -20% on earnings. This was crazy for such a big profile, mega-cap company and many investors though (and said) "Facebook can't possibly go lower" and used this justification to buy right on the drop. From a technical standpoint that drop blew past support and with so many people saying "Facebook can't go...
We expect a potential bullish bounce from buy entry level of 215.39 in line with 78.60% Fibonacci projection and 38.2% Fibonacci retracement towards the take profit level of 235.59 in line with 78.6% Fibonacci retracement . Our bullish bias is supported by the stochastic indicator where price is trading at support level . Any opinions, news, research, analyses,...
It is going to be an interesting week everything looks primed to squeeze to the upside. But with cpi possibly reaching a new high for the year and it being a 4 days could we go lower. These are the levels I’m watching this week
I love the evolution of Facebook / Meta as we've been experiencing the Metaverse at the Firm; tremendous opportunities for people there. However, this is the markets and I'm focused on 'what I see on the charts' versus 'how I feel about a stock or news'; therefore, I will point out that I remain bearish on FB. FB is below the 200 day and 50 day moving averages,...
Let's try the cloud again..... FB testing daily cloud. Also a huge gap at 291. Also RSI divergence... Got the 295 call for 2.38
Marck Zuck saw the Mobile as the future of social network in Facebook i guess Jack D... sees another fisherman from afar ...
I think Facebook or Meta has a good opportunity to recover. It can be a good asset to hodl for a long-term position. It also had a very sharp drop since they changed the name of the company from Facebook to Meta. Ehsan.F
This Video covers general views of the above tickers, TOP view analysis (longer term charts) Weekly and daily.
Facebook Meta show strong buy Signal Close all sell positions and start long buy max as ou can !!!
FB just completed a 5-wave move off the low. This is a good sign that the stock has indeed bottomed. What comes next is the W-2 pullback. The standard fibonacci retracement targets for a pullback are .5 and .618, which translates to a buy zone of 205-210. There are also bearish divergences in MACD and RSI, indicating that the uptrend is exhausted. I do not own...
A mega cap, a large cap, a medium cap, a small cap, and a micro cap stock walk into a bar. The bartender looks at them and says, "What do you want?" They all reply, "A Shot!" Well lets give these stocks "A Shot!" by taking a look at their price performance over the past 52 weeks and evaluating whether they are a "good buy." Mega Cap: Facebook or Meta (FB) has...
Facebook (FB) is breaking a very important resistance in RSI which has formed since July 23rd, 2021. This trend line has 169 daily candles and after the consolidation of the momentum above the trend line, we can expect to reach $260.
Investing in the metaverse, post announcement has been rough. We all can't wait to see what meta/ facebook is building.
If you haven`t sold at the time of this article, at $337: Them you should know that FB Meta Platforms had 150.1K Calls and only 13.9K Puts last Friday, which makes me consider the $239 resistance soon. Looking forward to read your opinion about it.
Hi Traders, Here's what I think for $FB, direct entry is worth it, targets and stoploss are mentioned in the chart. NFA, DYOR, and good luck.
Facebook’s transition into Meta Platforms (NASDAQ:FB) and Mark Zuckerberg’s big push into the metaverse — the concept of a shared 3D virtual platform where people can socialize, work, and play — spurred a sector-wide move by tech companies to branch out into other areas like gaming. The burgeoning gaming industry has transformed into a $198.4 billion sector in...