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...
Meta Platform Descending completed. Lets breakdown the accumulation prices first: Then, Retest at $503.88. Next: $521.44 $527.50 $534.83 Follow by $535.91 $540.01 $543.49 $548.63 $550.45 $556.33 $561.97 $567.35 $573.39 $581.69 $587.03 $593.87
As of April 17, 2024, NASDAQ:META is trading right at the yellow trendline as shown on the chart. A breakdown below this trendline would suggest further decline another 8%, to around $450
META is pounding on a Golden Genesis fib at 489.06. Notice the bottom EXACTLY on a Golden fib at 87.47. Also see the peak at 198.47 and orbit around 309.57. It is PROBABLE that we orbit this fib a few times. It is POSSIBLE we have topped, at least temporarily. It is PLAUSIBLE that it breaks and pops to the next fib. Here is a full view and explantion of the...
Buy idea on META as you see on the chart if only if we have the breakout with force the resistance line and the vwap indicator by a big green candle follow by a large green volume! Thanks!
Earnings mid next week.. Sitting here on support of channel from last earnings gap up. Over next few days i expect Meta to rebound to atleast 510.. a break over 510 and or that minor channel (White lines) and meta heads back to 520.. Long term i think this stock is headed for a major correction Bearish divergence On RSI has been playing out for last 2...
smashed 174-220 targets from last analysis, in bullish trend but strong trend resistance here. make or break, if it can break here a rally to 280-300 should follow. rejection and dip to 220 before any more upside. personally I played leveraged shares for earnings and secured 670% in gains this morning.. :) boost and follow if this helped. thanks!
We 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.
Meta Platforms, Inc updated X Right Price for Quarter 2, 2024: New Support = $514.71 follow by $517.13 $520.02 $522.12 Retest require from here at $514 area before make a higher price as mentioned below. After the Retest expecting the following prices: $527.27 New support over March =...
Meta showing the tendency to go further higher to the levels of 358. The stock is expected to hit the levels of 300 or even to 269 before moving to 350+.
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...
Meta Platform Inc April X Right Prices: As Expected on my previous chart now lets tidy up the numbers while Retest is happening! We first calculate the X - Right Price for March and week 1, April 2024 as Retest will finish before week 3 arrive and the reason we do this is simply April support was confirmed over the March. Lets breakdown! The retest must...
Meta Platforms, Inc, X Right Prices for April, 2024: Overall look bullish as market arrived at the advance Stage we just need to calculate the distribution prices: Don't get to excited yet as we have 2 area to cover for lower price before making to the distribution. Retest needs to hold within the key level of $505.75 otherwise it will need to go to...
Meta Platforms, Inc. (META) exhibits a compelling uptrend within a well-defined bullish channel, as observed on the hourly chart. The price action, confined within this ascending channel, points towards a consistent bullish bias, complemented by the recent rebound off the channel's lower boundary. Channel Dynamics: The ascending channel, marked by parallel...
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...
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...
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...