If you're a user of #Instragram and not looking here for a 💀🐈⬆️ at a minimum ... what are you waiting for? $QQQ $NDX $NQ_F $GOOG $SPY $VIX #Facebook #ElliottWave #Stocks 📈
CEO Mark Zuckerberg is so committed to shifting the company to the metaverse that he changed the company name to it. This in my opinion is a great play. Anytime anyone in the future mentions metaverse they will immediately link the company Meta to the conversation. Enabling Meta’s future as a metaverse centre. Meta’s Oculus and Horizon virtual reality subsidiaries...
After the carnage, there is a chance to catch an upside with a strict SL. There is a possibility that prices may stall at 234 ( lower channel entry line ), but till the time it stays above the SL, we can see at least 290 levels. Let watch out.
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...
Ever since Q4 2021, and most notably over the last several weeks, a gap has been exponentially growing between some of NAS100's pandemic high-flyers. The below chart reflects the current big 6 (Apple+Microsoft+Amazon+Google+Tesla+NVIDIA) who weigh over 45% of the entire index. They currently trade 14.3% below their ATH's which is an improvement from the 23+...
Facebook's price has fallen off a cliff and attempting to buy a falling knife dropping this fast is dangerous. In the past, FB has responded well to the 200 week moving average (white moving average) although it tends to fall below it 10-16%. All time frames are certainly bearish, but if history is any indicator, FB may be nearing a bottom. Regardless, it's best...
META is in a bearish momentum since its last top reached on August 2021, the price was heavily rejected by 40.31%. History shows that META's most significant drops range between 14.48% - 44.01%, which fits the current situation where we reject the price by 40.31%. Moreover, price just reached critical support and dropped back by price 2 years back BUT we have to...
Self explanatory if you know what the 100 crossing the 200 could mean. Hold your butts, boys. Not advice.
Last Thursday at lunch when I checked my phone I had 3 messages from people asking me if I was buying Facebook. Across my social media I saw much of the same chatter, "Facebook can't go lower." Be careful saying things like that. The reality is the price of Facebook NASDAQ:FB has broken key Weekly Supports and could likely continue down to find new ones. I...
Hi, Meta Platforms slump has attracted quite a lot of interest. Is it a buy, when to buy, why to buy, do I have to buy at all? :) "Why to buy?" - you have to do your homework! I can tell you when to start building your positions if you have decided to invest in Meta. Technically speaking, $170 - $220 is quite a strong area. A lot of criteria match inside the...
After a 40 percent drop, Facebook has a high propability that it will rise again and attack previous price levels. The monthly valley is important to us, which we still hold at 224.76 and this is our first buy target at the moment. I expect a strong rebound from the monthly valley and a gradual accumulation phase of the 12345 cycle. Buy ON: Risk 9/10...
On balance I am not optimistic. I think this market will struggle to close the gap. FB lost $230 billion in one day. The CEO lost $30 billion. I can't even begin to think what that feels like. In the video I compare the current gap of some 30% with a similar gap of ~20% back in 2018. This video is for deep thought. There are no predictions here....
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panic in price will down the price again, good oportunity for long o buy some 10%.
If I see a lower highs within the next weeks, clearly a long! Not financial advice, just a crazy idea on how to lose your money.
I think the market reaction to the latest results is exaggerated. Facebook have a big portfolio of utilities, users and lots of ways to work with them. Time to start accumulating..
Facebook / Meta possible forming an expanding flat or triangle pattern.. For The Long Term Bull to defeat the Bear. The 198.48 Benchmark possible need to be hold..
Bullish Harami is a candlestick chart indicator suggesting that a bearish trend may be coming to an end. Please note, I do understand this sounds counterintuitive since RSI is 24.64 at this time. Please let me know your thoughts. Thanks, Kelly :)