Meta Platforms (NASDAQ: NASDAQ:META ) is continuing its aggressive push into artificial intelligence (AI) and global markets with its latest investment in Vietnam. In a strategic move announced on October 1st, Meta will expand its operations in the country, focusing on AI innovation and manufacturing its new generation of mixed reality headsets by 2025. This...
On the NASDAQ:META daily chart, we see a classic ascending triangle pattern forming. The price action is tightening, signaling potential bullish momentum as buyers test the upper resistance.
A confirmed breakout above the resistance could open the door for a significant upward move. Keep an eye on volume for confirmation, as this could be a strong signal for...
Let's all wish a happy new year!
Let's all see the ads for the super products
don't worry if you don't .. the company knows how to do it!
* Let's remember those in our local area who need to sell their products (or online) and buy some (good scenario)
* Let's see more ads without buying nothing (Bad scenario for now)
* Let's see what our favourite people do with...
Examining NASDAQ:META , the stock showcased resilience with an inside hammer formation on a 3-1 count, complemented by a rise in volume. It's commendable how it stands firm above both its 9 & 50-day EMAs, indicating strong bullish sentiment. Of particular note, despite market pressure from AMEX:SPY and TVC:VIX , NASDAQ:META staunchly defended its support...
Meta's stocks are now in high triangle consolidation
This figure shows the weekly candle chart of Meta Company's stocks over the past two years. The top to bottom golden section at the end of 2021 is superimposed in the figure. As shown in the figure, since the end of October 2022, Meta Company's stock has shown almost no significant pullback or surge....
META suppressed by the 0.786 level of the golden section!
This chart shows the weekly candle chart of META stocks over the past two years. The graph overlays the top to bottom golden section of 2021. As shown in the figure, the high point of META stock in the past two weeks has been suppressed by the 0.786 level of the golden section in the figure, and it...
If you haven`t sold META here:
Or reentered here:
Then analyzing the options chain and chart patterns of META Platforms prior to the earnings report this week,
I would consider purchasing the 290usd strike price Puts with
an expiration date of 2024-1-19,
for a premium of approximately $27.70.
If these options prove to be profitable prior to the earnings...
If you haven`t sold META at $341:
Then I think that META Meta Platforms will announce massive layoffs at the earnings date, which the market loves.
Mark Zuckerberg will continue spending billions on building the Metaverse, but the market won`t care as long as they fire people.
Another reason for a happy earnings ending is the FOMC decision to hike the interest...
Bearish on $META below 137 until 123 unless break AND hold above 143. $VIX is also showing bullish context to comfirm this $META bear flag (failure to go lower) @ Weekly level 137. Would take majority of profit off the table at $128.71 because their may be a pullback to retest around 135.
Meta has hit the levels 155-158 multiple times, it is more likely that the stock would tend to move lower to the next support.
The next support area currently is at 149 levels.
meta platforms has experienced a strong sell for sometime and rejected the $155 mark 3 times....but still failed to rally up.
Aacording to my resistance at $172 at 61.8 fibo region. i expect meta to short to $147.35 precisely (there can be a possible rejection at $155).
this will be a $17 off this stock!!!
Other way round, if there's a buy clear breakout of my...
I was really hoping META could hold the 172 - 173 support which was also a merge of different EMAs but it gapped down much like other stocks today with high volume. the 155 - 158 level has been a great level for me with a target of 170 and it comes from a long term support (from 2019) you can draw on the weekly/monthly chart. Let's check this out in a few days...
