META SELL SIGNAL SELL ENTRY - $494 SL - $519 CURRENT PRICE - $481 OBV volume trending down.
It was reported this morning that Tesla (TSLA) "will lay off more than 10% of its global workforce, an internal memo seen by Reuters on Monday shows, as it grapples with falling sales and an intensifying price war for electric vehicles". The market has so far reacted with strong selling of more than -3% in early trading. But is this really bad news? Not so long...
GENERAL MARKET REVIEW Concerns over a potential military attack by Iran on Israel triggered a gap down in the market at the beginning of trading on Friday. Following these events, there was a surge in oil prices, which then led to widespread sell-offs across the board. Virtually all stocks took a hit, with growth stocks experiencing declines ranging from $2 to...
It looks like NASDAQ:META has found a meaningful top as more technical signals agree a short setup has formed. Three significant trendlines have been broken, and today a significant fib retracement level was neatly rejected as TikTok drama continues its inevitable path of escalation. It's tempting to immediately target the gap below, but there is a POC on the...
Dominance in AI and Software Solutions: NVIDIA stands out as a leader in software and AI solutions. Its technology is crucial for various applications, including AI training, autonomous driving, and the metaverse. The company’s strong position in these areas provides a solid foundation for growth1. Beat-and-Raise Potential: NVIDIA is expected to deliver a strong...
Fundamentals: If the NFP numbers explode up on Friday, then that means that the FED might have to increase rates, putting pressure on US companies' earnings. This may cause META to topple a bit before earnings. If not, then the same rate for longer. It is the first Friday of the week. Sales have accelerated in META and earnings are above 20% q/q. However, its...
Meta and Amazon stocks have risen following an increase in their price targets by a Wall Street analyst team. Jefferies, the analysts, reiterated a buy rating for Meta ( NASDAQ:META ) and raised their price target for the Facebook parent company to $585 from $550. Additionally, they raised their price target for Amazon stock to $225 from $190. Meta's stock has...
Overview META is approaching a possible landslide that may take the share price to around $455. An influx of insider liquidation paired with healthy market skepticism supports the possible correction. Fundamentals Overall the company appears healthy according to their 2023 Annual Report. The only filings that I found concerning was the abundance of 144s that...
Meta is a particularly intriguing stock that experienced a significant selloff at the end of 2021, with an overall pullback of 77%. Since then, however, we've witnessed an extraordinarily robust surge of 444%, which is remarkably strong. Yet, this rise came without any interim corrections, raising questions about when such a correction might occur. We've concluded...
It has doubled since the peak Recession fears of 2021 #BTC has also more than doubled #SOL has 4 or 5 X'd This chart is combined price chart of #Googl #Appl #MSFT #Amzn #NVDA #NFLX #META U can see the two head and shoulder tops in 2021 and also the inverse head and shoulders in 2022 The clean break and run. And also the Bull Pennant which has already...
In a landmark move under the newly enacted Digital Markets Act (DMA), the European Union has initiated a comprehensive investigation into tech behemoths Apple, Alphabet (Google's parent company), and Meta (formerly Facebook). The probe, which marks the EU's first under the DMA, aims to scrutinize potential anti-competitive practices and ensure fair competition...
META on the weekly chart is at the ATH which is as a consequence at the third upper VWAP line. The RSI indicator shows the faster line crossing under the slower line. The relative trend index has topped out. Both represent bearish divergence. META makes its money with advertising dollars for revenue. There are increasing challengers to split revenues that...
The recent top is our first pivot point, we will anchor short entries below the 472 level with target 1 at the previous top 384. This is the first test trade against a pivot top and a tight stop range should be set. There is a massive short upcoming which will be a steep fall, a crash fractal unless the cycle alters in an unlikely event. Trade safe, stay...
This is a Thread, so Follow for Technical Analysis performed with TrapZone Pro & UMVD Indicators. * Trend is Based on TrapZone Color * Bar Colors give us Momentum Green from strong Up Moves. Red Bars point to strong Down Moves. * Red UMVD = Selling Pressure & Green UMVD = Buying Pressure. Purple is for Divergence = Battle of Supply &...
META Platforms may have turned neutral on the 1D timeframe (RSI = 53.558, MACD = 15.800, ADX = 23.681) but remain extremely overbought on the 1W (RSI = 76.808). The stock hit the HH trendline that dates back to January 2018, while the 1W MACD is about to form a Bearish Cross. During these six years, the stock has had five standard corrections (excluding the 2022...
In 2022, Meta Platforms faced turbulent market conditions amid doubts surrounding CEO Mark Zuckerberg's metaverse ambitions, resulting in a significant 64% decline in share prices. However, the company's trajectory has undergone a remarkable transformation since hitting rock bottom, with shares soaring by 321% since the close of 2022. Despite this impressive...
Dive into the heart of market volatility with our latest analysis of NASDAQ:META 's price action, centered around the critical 10AM box on the 5-minute chart. This video breakdown offers a comprehensive look at the key movements and trading opportunities that emerge in the early hours of trading. Whether you're a seasoned trader or just getting started, our...