NASDAQ:META had a good run, but now that run is coming to an end.
I started buying puts today when price was at $524. I bought 6/21 $300P. There's a chance price could break the current highs, but it wouldn't change my bias.
I think starting later this month, we're going to start to see a large move down in META.
Overall, I think there's a possibility that...
I can spot a perfect 5-up wave pattern from October 2022 through March 2024. A correction is likely to follow next.
On the chart we have a classic Zig-zag (ABC) correction (5-3-5) but any type of correction can develop. It can be flat, complex, extended, irregular, etc.
There is always the possibility that wave five is not yet over or that it becomes extended;...
Hello Traders and Investors, today I will take a look at Meta Platforms.
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Explanation of my video analysis:
For more than five years Meta Platforms has been trading in a reverse symmetrical triangle formation. We saw the last retest of support back in the end of 2022 which was followed by a decent rally of +450% towards the upside. At the moment Meta...
META Share Price Collapses after Publication of Quarterly Report
Just yesterday, META's stock price closed at USD 493.50, up approximately 40% since the start of 2024 and up nearly 300% since the start of 2023.
However, following the release of Meta's quarterly report, its shares plummeted to USD 400 in post-market trading, representing a decline of more than...
!!GAP FILLING PHENOMENON!!
1. Immediate Bearish Outlook: Meta's stock is expected to experience a significant downturn, with projections indicating a drop below $400.00 within the current week. This decline is attributed to an earnings report, which could trigger a 20% decrease and result in Gap #1 being filled.
2. Potential Further Declines: Despite previous...
Meta is looking like its in phase c of a #wyckoff Distribution top. A Large Ripsaw is at play with a low at 70. #meta NASDAQ:META #facebook #stockmarket #investor
Meta grabs liquidity from Buyers at Supply zone then enters a range for S&D zone , for now its at Discount Price Range good long reversal expected unless theres not enough liquidity and create Trend Change to Short
NASDAQ:META Implied move for earnings today... 452 - 538 ... this is not a full analysis, just what the options are saying for the earnings move!! GL y'all...
It's gone 12 months or so since Meta Platforms shareholders reached their breaking point in Q4'22 as the Tech giant's financial results in those times were following an increasingly questionable rebrand, from Facebook into Meta.
In October, 2022 Altimeter Capital Chairman and CEO Brad Gerstner said in an open letter to the Company that Meta has too many employees...
Read latest news here
Post trading hours, the company has fallen nearly 20% to reach the current price of 418.85.
I will be waiting patiently for the gap to be closed and see if there is bullish signals before going long.
Tech stocks have gone up a lot, short term traders will be smart to take profits, investors - chill and await good opportunities to accumulate.
Big megaphone pattern, noone uses facebook anymore, instagram is mid, earnings were trash, this stock is worthless, dump this thing to the netherrealms, hey maybe it recover and this broadening wedge becomes bullish you never know
What do you mean the charts couldn't of helped you stay clear of #Meta?
Over 1 month ago you got the warning sign to step aside.
Just follow the bread crumbs...
#nasdaq #bitcoin #netflix #google #amazon #tesla
If you haven`t sold META when ARK did that:
nor bought the META before the previous earnings:
Then analyzing the options chain and the chart patterns of META Platforms prior to the earnings report this week,
I would consider purchasing the 480usd strike price Calls with
an expiration date of 2024-5-3,
for a premium of approximately $24.80.
If these options...
Meta posts a double beat and collapses.
Tesla posts a double miss and rallies.
A prime example of how fundamentals can lead you astray.
Meta is weighing in on the QQQ and broad market.
This seloff does not instill confidence in the tech based market.
We were riding a 450 Put on Meta into earnings.
The tech world was rocked as Meta Platforms Inc. (NASDAQ: NASDAQ:META ) saw its shares nosedive by as much as 15% in premarket trading, sending shockwaves through US futures markets. The precipitous drop came from lackluster revenue guidance and concerns over CEO Mark Zuckerberg's ambitious AI spending plans.
Investors expressed skepticism over Zuckerberg's...
This is a follow-up to my Big PIcture calling for $489 (click)
High Gravity fib has held us in orbit for 2 months.
Just got a retest on the day of Earnings release.
This could mark the top or start next leg today.
Time of this post is BEFORE the release,
chart will not show results until next day.
.
Here is my big...
Meta Platforms Inc. faces investor unease post-earnings, with a 19% stock plunge in after-hours trading despite surpassing Q1 profit and revenue forecasts. Concerns center on hefty investments in the metaverse and AI, evidenced by Reality Labs' $3.85 billion loss and a subdued Q2 revenue outlook. The tech sector feels the impact, with giants like Alphabet and...
