We are no longer respecting our strong buying continuation algorithms and therefore that tells me we will have a tougher time making new all time highs without further liquidity being built. Keep an eye out for a rejection of the bottom of these stronger daily algos as price attempts (with this bullish CPI data) to reenter them.
Happy Trading :)
There are many ways to make money with stocks. You can buy well-managed companies with growing earnings, hold them for years and watch the stock prices rise as the company succeeds. This conservative investing style sometimes rewards investors with huge long-term gains. For example, early investors in Microsoft or Bitcoin saw their investments grow MultiX in a...
As part of my ongoing campaign to accumulate beaten down stocks on big support levels in case there's a new bull leg due to start, buying FB and will also add if it goes a bit lower.
If we hold the 76 fib we can see a bull move.
The recent top is our first pivot point, we will anchor short entries below the 523 level with target 1 at the previous top 384. This is the first test trade against a pivot top and a tight stop range should be set.
There is a massive short upcoming which will be a steep fall, a crash fractal unless the cycle alters in an unlikely event.
Trade safe, stay...
Target and SL in chart
FUNDAMENTALS
Meta Platforms, Inc., doing business as Meta, and formerly named Facebook, Inc., and TheFacebook, Inc., is an American multinational technology conglomerate based in Menlo Park, California. The company owns and operates Facebook, Instagram, Threads, and WhatsApp, among other products and services. Meta ranks among the...
Look for a pullback to 488 early next week. 480 highly possible too, but 488 price action must be respected!. 480 is the 20sma so i would expect a nice bounce there if it does test 480.
Dark cloud cover on daily chart with volume.
Entries - if it opens green, short any test of 510
If it opens red, they'll go for targets 500, below 500 and 496 gap close...
Hey traders and investors!
First and foremost I have to say I do not own any META shares right now but I am thinking of building a small position here and keep dollar cost averaging if it goes down to 100$. Here's why: Price action reached a very important swing high from 2016 of about 130$. There is a good chance there will be a bounce from this level, for...
As of writing this (about 10 minute after recording this video) we did rebound perfectly off our level and are 3 points up ($900). If we were to close the trade now it would be a succesful 10 R:R trade. But we have daily algorithms for a reason.
I'll share updates on how the trade is going below on this post!
Hope this was helpful!! It's truly incredible how you...
This will be helpful to see for those wondering how to utilize lower time frame algorithms within higher time frame analysis. Same idea! Just always remember, unless you're scalping, the daily algorithms hold much more weight.
Happy Trading all :)
We prepared for this exact trade and outcome in our "special edition for haters" video 2 days ago. This truly was a special edition for haters!!
Please do not discount the power of these algorithms. It works for me and it could work for you. Trying my best to share this knowledge so that you can catch these trades too!
Have a great day in the market...
Meta Platforms ( NASDAQ:META ) experiences a remarkable surge, surpassing the $500 mark once again, as the company unveils its pioneering advancements in generative artificial intelligence (AI), signaling a new era of innovation and engagement within the social media landscape.
Meta's Outlook:
Meta's adoption of powerful generative AI models for video...
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...
Hope this was helpful for those who are interested in learning!
Again, I can't emphasize enough - you're charts don't HAVE to have all these "lines" in order to succeed. I see the market this way without all the chaos. But it is helpful to understanding PA and why price is moving where it is and what kind of strength of buying we need to see in order to have real...
Meta is following a curve pattern, which resulted in the strong gap up movement but the tl resisted the big jump ,previous day , curve range is still higher
will try to give possible monthly and weekly levels in the comment section
Meta Platforms. (NASDAQ: NASDAQ:META ), the parent company of popular social media platforms like Facebook and Instagram, faced a brief outage on Tuesday morning, disrupting services for users worldwide. Despite the outage lasting approximately two hours, Meta swiftly restored access to its platforms, alleviating concerns among users and investors alike.
Key...
