Timing related Fibs:
Relatively price oriented Fibs:
I know I should have put 0 on top but it would complicate things. Since 0.618 x 0.618 ≈ 0.382, we'd just put emphasis at derivative.
Cycle based angle indicates golden ratio just upper to the current price.
Wave Interconnectedness:
However I'd focus on relatively recent price levels.
Lines will act...
We called the low oct near 98/83 and the peak back sept 6th 2021 .Well it is nearing the end of a 5 wave pattern into a .382 here 202 /212 this is going to break and hard back to 135 area and soon . we now have neg RSI setup exit NOW
META breakout with a first stage base/rounded bottom & accumulation. Low volume confluence with "handle" is setting up for breakout and second stage. KL: 204.80, 211.64, 217.51, 226.84, 236.99// Long Bias on higher auction and price rediscovery from levels last seen in Jan 2022 sees PT of 289.11// Beta: 1.16, ATR 6.79, IV: 40.55% // Bias: Risk On; Failure <...
Nice weekly trend in $META here...As Zuck's leadership continues to impress shareholders finally addressing the excess fat that needed to be shed, the company is well positioned to monetize the growth in Emerging Markets (India, with reshoring, Mexico...) that are heavy users of Whatsapp and would be a boost to revenues from monetization over time, while the...
Support/Resistance
Possible double top
Short Entry 182
Stop 202
Target 150, 120
Risk management is much more important than a good entry point.
I am not a PRO trader.
In my trading plan, the Max Risk of each short term trade should be less than 1% of an account.
Most people assume layoffs are going to drive the price of the stock down. NOPE, general consensus on the professional side is the sooner layoffs begin, the faster the company can recover from declining revenues and earnings, and reinvent.
META is a stock in a sub-industry that has few members, hence it is used in many ETFs and mutual funds due to that rare...
Facebook / META is now up some 140% since the start of November with plenty of upside to all time highs.
With the Zuck laying off staff left right and centre giving the stock a boost, the latest news that might keep the run going is the increasing pressure on the US and other governments to ban TikTok from mobile devices due to security of personal data...
Yesterday from EPRAF indicator shows SB Uptrend door at META. SB Uptrend occurs when green line crosses up purple line. It show a good hint for the stock to go higher and higher. Based on the history, may be it will go untill 247 usd. Lets wait and see the performance.
Meta Platforms soared nearly 22% in late day trading on Thursday, nearing the $500B market cap level, after the Zuckerberg-led company's fourth quarter results and guidance were better than feared.
The Nasdaq and S&P 500 ended higher on Thursday and touched roughly five-month highs as a more dovish than expected message from Federal Reserve Chair Jerome Powell...
$META with the 2-2-2d reversal on the daily with room down to the 9EMA
Bullish engulfing on the weekly
Calls over $202.10
Target $210
Puts under $195.30
Target $190.85
Please see video for details.
Who doesn't like sales ? Especially branded goods that costs full price when it was launched in the retail outlets. The savvy shoppers will wait patiently for their beloved branded items to go on sales before going on a shopping trip.
I believe the stock market works the same way too. Now, Meta Platform is offering 60% discount from its peak but I believe the...
Meta Platforms has faced some challenges in recent times, with a drop in share prices since its peak in 2021, and investors remaining cautious about its future prospects despite a recent recovery. Its advertising business has been struggling to maintain its former success, which has put significant pressure on the company's profitability. However, Meta's family of...
