As Reddit prepares for its highly anticipated initial public offering (IPO), investors are buzzing with excitement. With Meta (formerly Facebook) currently dominating the social media sector, Reddit's entry promises to shake up the landscape.
Market Potential: Reddit's unique community-driven platform has garnered a massive following, making it a potential...
Hello Traders, welcome to today's analysis of Meta Platforms.
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Explanation of my chart analysis:
During 2022 Meta Platforms declined massively and dropped more than -70% all the way down to the previous support at the psychological $100 level. From there we saw a pump of more than 250% after which we could now see a short term pullback followed by new...
Two months since we gave a successful buy signal (see chart below) on Meta Platforms (META) and the stock is yet again found after an aggressive selling sequence:
The (almost) 12-month long Bullish Megaphone may be still intact but this time the price dropped below both the 1D MA50 (blue trend-line) and the 1D MA100 (green trend-line). It is however...
Pinterest’s (NYSE:PINS) shares closed up 16.2% on Friday on the New York Stock Exchange after the Wall Street Journal reported after market hours on Thursday that activist investor Elliott Investment Management has built a stake in the digital pinboard platform.
Top-level departures
The news came just two weeks after the company, which has been struggling...
Based on my all-time historical analysis of PALT’s price action. I believe this stock will increase its price (P) by 19x during its next bull run.
I don’t follow Earning Reports or news (in the sense of trading relevance) but do check out PALTs numbers. They speak for themselves ;)
A potential rebound of Twitter after a huge drop last week driven by the banning of America's latest ex-president. We see Twitter's price action at a strong support .
RSI showing the stock completely oversold .
Action to take: Buy Twitter, set your stop-loss @ 15% ( whatever you like, this depends on your risk)
This is my first idea and after a few years...
Potential head and shoulders forming on the daily. Settled on the 50 EMA (purple line) looking for a bounce out past 63.35 or the 9MA (white line)
Tomorrow I will be eyeing the 5/14 $70 C
Tomorrows open will tell us a lot about tomorrow movement.
Looks like volume is picking up and #pinterest is going to make up the gap loss from November 1st. There was news that Pinterest passed Snapchat as number 3rd biggest Social Media App . I think it has the potential to go on a bullish run with my target being in the $30-35 range.
