Possible LONG on META stock off W dz Possible LONG on META stock off W dz 1/3 RR Maybe it is possible to target opposing D1 imbalance Longby EquilibriumTradingAlexMO1
Meta grabbing liquidity from Supply zone .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 Longby a.garzaa.g12Updated 113
📉 Meta Completes Bullish ImpulseI 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; in this case, we continue to expect a correction to show up. Namaste.Shortby AlanSantanaUpdated 6636
Meta Platforms, Inc.Meta Platforms' stock price sits at $443.29, with a recent sharp downturn in the backdrop where shares plunged 10.6%. This movement reflects the market's knee-jerk reaction to an unforeseen catalyst, necessitating a deeper dive into the technicals to ascertain the next potential move. Fibonacci Retracements: The stock's rebound from the low of $414.50 aligns with the Fibonacci support level at 0.618, suggesting a natural buying zone. Traders should note the price's interaction with the 0.236 Fibonacci retracement level at $448.39, a breach of which may signal an upward trajectory toward the $446.43 zone, aligning with the recent peak. EMA Analysis: The Exponential Moving Averages (EMA) reveal a bearish crossover, with the 20-day EMA ($452.36) descending through the 50-day ($470.84) and 100-day ($484.18) EMAs. A watchful eye on these levels is critical, as a break above the 20-day EMA may invalidate the bearish signal, possibly propelling the price to the $450 resistance zone. Ichimoku Cloud: The Ichimoku Cloud presents a bearish outlook, with the price trading beneath the cloud. A potential bullish reversal is contingent upon the price eclipsing the cloud, positioned around $462.25, which could introduce a bullish bias. Pivot Points: Utilizing traditional pivot points, we detect immediate resistance at the monthly pivot line (P) at $513.27. The R1 and R2 resistance levels sit at $526.99 and $542.09, respectively. Support levels S1 at $501.30 and S2 at $490.71 should be monitored as potential areas for re-entry on pullbacks. Technical Indicators: RSI: The Relative Strength Index hovers around 36.79, indicating a potential oversold condition, which could prelude a price recovery. MACD: The Moving Average Convergence Divergence trends upward with the histogram reflecting increasing bullish momentum. Stochastic: The Stochastic indicator is neutral, suggesting that the stock is neither overbought nor oversold at current levels. OBV: The On-Balance Volume shows significant buying volume, possibly foreshadowing an upcoming rally. Volume Analysis: The volume spike on the recent sell-off is notable. Should the volume sustain above average with price recovery, it may validate the conviction behind the rebound. Price Prediction: We speculate a rebound target of $450 in the short term, should the stock maintain above the critical Fibonacci level. For a more extended play, the next target aligns with the 0.236 retracement at $448.39, with an ambitious target of $446.43, corresponding to recent highs. Trading Strategy: Entry: Consider long positions if the stock holds above the 0.618 Fibonacci level ($442.70), or on a breakout above the $448.39 level with substantial volume. Exit: Traders may look to take profits at $450, with a secondary target at the recent high of $446.43. A stop-loss should be placed below the recent swing low around $414.50 to mitigate risk. Risk Consideration: Given the recent plunge, caution is warranted. Traders should be prepared for volatility, particularly with the next earnings report 88 days away. Fundamental aspects such as the company's P/E ratio of 25.35 and a modest dividend yield of 0.11% should factor into the overall analysis. In summary, Meta Platforms presents a nuanced opportunity for technical traders. The recent price action juxtaposed with solid buying volume and oversold conditions lays the groundwork for potential upside. However, confirmation of trend reversal through technical indicator alignment is key to validating these speculative targets. Caveat: All speculation must be tempered with prudent risk management, and traders should adjust positions in light of unfolding market dynamics and broader economic indicators.by AxiomEx1
Wyckoff Distribution for META Elliot wave some gap that might be "runway gap" and "exhaustion gap" But there are momentum divergence shown so it more likely to be "exhaustion gap" for sentiment analysis CEO of this company is selling all the way with 0 buying activity for 12 months straight I have little worry about about upthrust that can touch SL so I have to set SL quite far also yesterday have every high volume rejection candlestick | I use it and OBV divergence as confirmation to short selling META with RR=2 Shortby tofinseUpdated 3
Support for METALots of people saying sub $300. I don’t think so. Highlighting my support range here. Let’s see!Shortby Judyishim0
Don't shoot the Messenger, META is DEAD !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 Shortby infinitegainz112
META? Hi all, In my 2c opinion. Nothing new, flat progress = over priced. If it break trendline good time to sell & looking for other opportunity mean while. let it slowly create discount and value. All the best. by reazosman1
META Monthly with long trend line.Another example of the effectiveness of Heikin Ashi Candles.00:38by TraderEyes1
Meta bearish order block on 4/15/2024Indication to switch to short or put using order blocks strategy ( NASDAQ:META ) Shortby Tradeviewer0001
Waiting $META a bit more lowerVolume gap and monthly trendline suggesting a bounce between $400-350.Shortby alexmerax1
META Meta filled the downside gap, indicating a potential move to fill the upside gap today. The MACD is showing signs of turning bullish. My outlook is optimistic, particularly regarding the earnings of Microsoft (MSFT) and Google (GOOG) tomorrow. These stocks could uplift the market on Friday.Longby AmyThongbai0
Range TradingWe trading within a range since mid February. Since March 21st we had declined a whole range. This decline has been retraced since Monday by almost 78 %. This makes hope for another attempt to fall below the range now.Shortby motleifaulUpdated 222
Meta stock plunge 14% in Premarket RoutThe 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 vision to pour tens of billions into artificial intelligence initiatives, fearing it would drive up costs and erode profitability. Meta's first-quarter earnings report, while boasting profits of $4.71 per share and revenue of $36.5 billion—beating analyst expectations—failed to assuage concerns as the company provided subdued revenue guidance for the upcoming quarter. Meta's revenue forecast of $36.5 billion to $39 billion fell short of analysts' projections, dimming the optimism that had propelled the company's stock to record highs. Zuckerberg's announcement during the post-earnings conference call about ramping up AI investment further rattled investors, leading to a mass sell-off. The market reaction was swift and brutal, with Meta's stock plunging to just over $426, marking a potential $160 billion loss in market value if sustained until the opening bell. This abrupt downturn punctuates Meta's remarkable stock performance over the past year, with shares soaring 107% in the last 12 months and 42% year-to-date, until the recent setback. Russ Mould, investment director at AJ Bell, highlighted investor concerns about Zuckerberg's perceived lack of financial discipline and the sudden pivot from cost-saving measures to aggressive AI spending. The reversal of sentiment underscores the fragility of investor confidence in Meta's management strategy, dampening the company's recent efforts to project financial prudence. The fallout from Meta's downturn rippled across broader indexes, with S&P 500 futures and Nasdaq 100 futures tumbling, signaling a turbulent trading day ahead. As investors brace for further earnings announcements from tech giants like Microsoft and Alphabet, coupled with the release of US GDP estimates, the uncertainty surrounding Meta's future trajectory casts a shadow over the broader tech sector. In conclusion, Meta's sharp decline serves as a cautionary tale of the perils of investor sentiment and the delicate balance between innovation and financial stewardship in the tech industry. As the dust settles, all eyes will be on Meta's next moves and its ability to regain investor trust amidst heightened scrutiny and market volatility.Shortby DEXWireNews3
Meta's DownfallWhat 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 #teslaby Badcharts6
META Share Price Collapses after Publication of Quarterly ReportMETA 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 -15%. It is noteworthy that the report exceeded expectations in some of the main indicators: → earnings per share: actual = USD 4.70, forecast = USD 4.32; → revenue: actual = USD 36.4 billion, forecast = USD 36.1 billion. However, investors were disappointed by plans for the coming months, as Meta said second-quarter revenue would be between USD 36.5 billion and USD 39 billion, below the average estimate of USD 38.24 billion. This could be due to increased investment in developing AI-based products , which do not yet generate income. At pre-market today, the META share price is around USD 418. The technical analysis of the META stock chart shows: → The price still remains within the long-term ascending channel (marked in blue), which describes the price increase in 2023-2024. → The pattern of decline from the high around USD 530 towards the lower boundary may be a sign that indicates a potential change in sentiment - optimism is not endless. → Divergence on the RSI indicator turned out to be an effective warning for a price decline. Market participants who bought META stock at prices between USD 480 and USD 530 will find their positions in the red when trading opens today, most likely with a bearish gap — somewhere around the lower boundary of the mentioned channel. So it is safe to assume that any rise in price towards the specified range will represent an opportunity for them to exit the position and minimize losses, which in turn will put pressure on potential attempts by the bulls to resume the multi-month trend. Resistance may also come from the median line of the channel, which today lies right at the lower limit of the range between USD 480 and USD 530. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.by FXOpen228
META April 25, 2024: Is META a Buy Now With 13% Sold Off?On April 25, 2024, NASDAQ:META crashed 12% pre-market after earnings release. The question is that whether it is a buy now? For me I do not intend to buy on crash. I am looking for a pattern, or at least, a meaningful support, to buy. At this level, even 12% down pre-market, I do not see any meaningful support here nor any pattern therefore I am not buying now.by longsonvn0
META Shorting📉 Short price targets 🎯 $424 & $360META Shorting The META chart suggests a possible short opportunity based on a the resistance on the monthly timeframe. We expect it to get rejected on that uptrend line near $527. Short price targets 🎯 in descending order: $424 & $360Shortby JK_Market_Recap1
Two opposite trades. Long Tesla & Short MetaTesla and Meta are two polar opposite trades at the moment. Meta is likely getting rejected at resistance. Shorting makes sense Tesla is getting a bounce at support. Longing it in that chart setup makes senseby JK_Market_Recap1
(NASDAQ:META) STOCK FORECAST PLUNGING BELOW $400.00 THIS WEEK!!!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 gains, there is potential for Meta's stock to continue dropping, with a potential 25% decrease targeting the 200-day moving average (MA) around $380.00. Should Meta breach the 200-day MA, further support may be found around $325.01. 3. Technical Analysis Crucial: The direction of Meta's stock price beyond these support levels hinges on ongoing technical analysis. Failure to hold support could lead to increased chances of filling Gap #2 at $213.98, signaling further downside potential. 4. Gap Filling Phenomenon: Meta's stock serves as a prime example of gap filling, with two more gaps anticipated in the future. This underscores the importance of monitoring price movements and potential gap fills in Meta's stock performance analysis. Overall, Meta's future stock performance appears to be influenced by a combination of fundamental factors such as earnings reports and technical indicators like support levels and gap filling tendencies. Investors should remain vigilant and consider these factors when making decisions regarding Meta's stock. "By now, you should have acquired the skills to interpret price gap fillings in any stock." 🚀🚀Boost this idea to reach more people like you! 🚀🚀 NFA PLEASE, DYOR/MYOD!! Hope to See your Likes 👍 to Support My Work To Follow All My Ideas, Go to My Profile and Select the Follow Green button 😁 Please Re-Evaluate Before Make Your Last Decisions Check my Profile for more. Shortby Decodingthemarket223
META Shorting📉 Short price targets 🎯 $424 & $360META Shorting The META chart suggests a possible short opportunity based on a the resistance on the monthly timeframe. We expect it to get rejected on that uptrend line near $527. Short price targets 🎯 in descending order: $424 & $360 Shortby JK_Market_Recap0
Will Mark Zuckerberg Become The Wealthiest Person In The World 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 and is moving too slowly to maintain investor confidence. A Meta shareholder wrote an open letter to CEO Mark Zuckerberg, saying he's basically "not happy". The investor criticized the brand's $100 billion-plus Metaverse experiment, saying such wild investments "into an unknown future are disproportionate and appalling even by Silicon Valley standards." Investor recommended a plan to bring a "Mojo" back to the company. 👉 It included cutting personnel costs by 20% and limiting the company's costly investment in Metaverse technology to no more than $5 billion a year. 👉 Further, Meta must restore the trust of investors, employees and the tech community to attract, inspire and retain the best people in the world, - Gerstner wrote in the letter. 👉 In short, Meta needs to get fit and focused. The letter was the latest sign that Meta investors were beginning to significantly express doubts about the company's financial results. Meta shares were down more than 61% in 2022. Meta changed its company name to better focus on virtual reality hardware and software, and is spending $10 billion a year on the technology. “However, people were confused about what the Metaverse even means,” Gerstner wrote. "If the company had invested $1-2 billion a year in this project, this confusion might not even be an issue." Ultimately, Gerstner says, Meta has too many people and spends too much on capital expenditures. If Meta could control those costs, it could double its free cash flow and improve its share price, he said. He said a 20 percent cut in employee costs would return Meta to the level of staffing it had last year, and said the company can't spend money like before because the cost of capital and interest rates have risen recently. “We believe the recommendations outlined above will result in a leaner, more productive and more focused company — a company that regains its confidence and momentum,” Gerstner resulted his letter. I have to say also, there were a lot of important questions to Meta activity abroad the United States, in addition to the dismal financial performance in 2022. Saying this, I mean that the activities of Meta Platforms Inc, including Facebook and Instagram products, were recognized as extremist and were banned in the Russian Federation under the local court decision, and Meta stocks were uncompromisingly delisted from both Russian trading boards, well known as Moscow Stock Exchange MOEX:MOEX and Saint Petersburg Stock Exchange MOEX:SPBE . In conclusion the rehabilitation path was the one and only - Meta Gotta Have a Mojo! NOWADAYS In nowadays Meta Platforms Inc. NASDAQ:META is the # 1 over the all S&P500 SP:SPX components with 205 percent yearly performance in this time, as Meta stocks were not simply gained, but tripled the price over the past 12 months. Meta reported Q3'23 earnings after the closing bell October 25, 2023 that beat analysts' revenue and profit estimates. The beat was driven by a continued rebound in Meta's advertising business following a sharp slowdown throughout 2022. Meta's guidance on its 2023 and 2024 expenses also hit the sweet spot for investors, as it signaled that it can balance its "year of efficiency" cost cutting efforts while it continues to invest in the Metaverse and Artificial intelligence (AI). According to Forbes Real-Time Billionaire Index Mark Zuckerberg is the 6th richest person in the world today with its $120.0 wealth as of today while Tesla CEO Elon Musk is yet number one in the world with $241.1B wealth. Key facts about Mark Zuckerberg * Mark Zuckerberg started Facebook at Harvard in 2004 at the age of 19 for students to match names with photos of classmates. * He took Facebook public in May 2012; he now owns about 13% of the company's stock, according to the company's 2023 proxy statement. * Facebook changed its name to Meta Platforms in November 2021 in a sign it was shifting the company's focus to the metaverse. * In December 2015, Zuckerberg and his wife, Priscilla Chan, pledged to give away 99% of their Meta stake over their lifetimes. * Mark Zuckerberg born in White Plains, New York in 1984, and in this time 39-years old Mark Zuckerberg is the youngest one over the top 30 richest persons in the world. In conclusion, Will Mark Zuckerberg become the wealthiest person in the world!? Perhaps, Yes. He can. The main technical graph undoubtedly says Meta Inc stocks NASDAQ:META are on the runway to triple the price once again. ========= Dedicated to my beloved newborn son, Mark 💖 by PandorraUpdated 6619
METAFollowing the market close, Meta's earnings report will be released. While I don't bearish sentiment, my trading strategy relies on patterns. Notably, Meta has demonstrated consistent upward movement over the past 5-6 months. Interestingly, what's typically perceived as good news can sometimes result in negative market reactions, and vice versa. This trend resembles the behavior observed in Tesla (TSLA) stock.by AmyThongbai2