FB META - OPEN POSITION UPDATEOur current downside target resides at $107.00 with and advancement of our stop to $185.00Shortby SpecialeAnalysis0
metameta: at the bullish harmonic retracement area, the levels expected to rise are indicated on the chart... with the importance of not breaking the retracement area by closingby LDNGLOBALMARKETS1
FB 5/21/2022FB bout to catch the whole set of books to the face. Confirmation of FB’s Distribution Stage made it say goodbye to its Uptrend and said hi to the Downtrend. After the 1st leg of the downtrend which saw price go from 308 to 193, price enter a consolidation period. During this time, price consolidated in form of a descending triangle. We see the lower highs into resistance area of 185. Price is respecting 50em. This is a great example on how to trade a descending triangle. Descending Triangle in existing downtrends = Short trade Price is currently at area of value with it being at resistance area of triangle. This is my cue to enter trade short. Entry: 193.47 Stoploss: 213.10 Target: 143.93, 10.15%, 2.52 RR ratio Shortby rudchartsUpdated 6
This is NOT an Analysis!Dear Mr. Mark S... WTF is going on here?!!! Are you planning to go down to $137.~ or $125.~? Don't get me wrong I would love to see those prices. "This is only my personal opinion. I am not a trading/finance adviser."by eboves0
Channel Down META looks as if it is trying to form support. No pocket pivots noted at support line. The bottom trendline of the rectangle META fell out of is now resistance. Price is still inside the bands, barely. By golly, it is staying inside for now and hanging by a thread. Short for the long term. May be due a bounce soon, but who knows? If and when it bounces, folks may add to their short position. No recommendation. Hard to say if that is a hammer or a doji today. Target 1 to the downside/fall from Rectangle has been met. A lot of resistance overhead. OBV is low.by lauraleaUpdated 4
Strong buy meta 4hr, weekly macdh divMeta looking to trim costs by 10% hugely oversold. 4hr macdh divergence. Weekly Macdh divergence. I'm in at 144.3. More to follow. Huge buying opportunityLongby breakoutfakeoutUpdated 6
Crash, not a pullbackHey all, I'm sharing a few charts and opinions that back my thesis that we are amid an end-of-cycle bear market(a crash), and why there won't be some rapid V-shaped ascent to all-time-highs. Since IPO, META has yet to experience a true bear market. Moreover, many people in the industry have yet to experience anything more significant than the short-lived COVID correction. I started trading as we ramped up to all-time-highs in mid-2020- most people begin trading and investing at tops, not bottoms. The issue is, everybody looks smart in a bull market- buy every dip, and you'll be good. On the day of META's earnings dump, it was clear that many people have not seen a bear market as they were quick to buy the dip. This clearly hasn't worked. META is simply one name of many that have blown off its highs and have yet to see anything more than short-lived rallies while remaining in a strong downtrend. The stock market will not be able to plow through all-time-highs as many bulls proclaim it will until the META's of the world enter an accumulation phase to eat up supply and begin a new uptrend. As I see very little to suggest any accumulation in the stock market right now, instead of buying the beaten-down names in hopes that they catch up to the names that have yet to fall, I am tactically shorting rallies on names that have yet to fall as META and many others have. by MichaelEugen1223
$META FACEBOOK - STRONG BULLISH DIVERGENCEThis is just an updated chart from my analysis last week. $META is still on track.. LETS GO!Longby ChaldeaCode335
META SHORT ENTRY$META Facebook debuts a Reels API for sharing from third-party apps . Multiple times in history, goes to $120 lvl ,, Short signal #verabands @markets $SPX NASDAQ:METAShortby gtindicators1
The Meta Beta - MetaStill looks good for META here and SNAP as well. Markets need to rally from here, but even if the markets are weak, META and other beaten down tech may bounce anyway. Weekly bull divergence should not be ignored, also holding trend (see below) from previous falling wedge structure.Longby the_sunshipUpdated 7
Meta RSI Bullish Divergence and TTM Squeeze Histogram [Weekly]Technically not a confirmed candle but it will be soon, We have a Weekly Candle with great Bullish divergence on the weekly + the mental softener of the TTM squeeze histogram slowly climbing up to the middle lines. Observations: We had kind of a Triangular kind of Banana curved-like squeeze downwards now into a kind of range, but after this weekly candle closes and.... the Divergence is still there and confirmed I Would be long I figure.Longby bloodbound696221
META BullishNASDAQ:META Movement to $149.60, and possibly to $156.30 and $157.50.Longby BendersPicks1
META: Never buy a stock that is clearly in a negative tendencyNever buy a stock that is clearly in a negative tendency. If you do it, it should be for a very quick tradeShortby JM_Charts1
META Retested Falling Wedge and SMA 50 Roll Up - CallsVery similar setup to the Nasdaq wedge that has already broken out and rallied. Price is near lower end of recent regression trend. Seasonally speaking, more upside is likely based on previous 2 years. With price from 50 bars back dropping quickly, the 50-day SMA will flatten out suddenly and has a lot roll up potential. P/E ratio of 13.34 is hilariously low. The main thing is the wedge. “In wedge we trust” if you’re buying a call or calls like I probably am. Strike: $170 Exp: Sept 16, 2022Longby Skipper86Updated 4
Meta Platforms (NASDAQ: $META) Seeing Massive Bullish DivergenceMeta Platforms, Inc. develops products that enable people to connect and share with friends and family through mobile devices, personal computers, virtual reality headsets, wearables, and in-home devices worldwide. It operates in two segments, Family of Apps and Reality Labs. The Family of Apps segment's products include Facebook, which enables people to share, discover, and connect with interests; Instagram, a community for sharing photos, videos, and private messages, as well as feed, stories, reels, video, live, and shops; Messenger, a messaging application for people to connect with friends, family, groups, and businesses across platforms and devices through chat, audio and video calls, and rooms; and WhatsApp, a messaging application that is used by people and businesses to communicate and transact privately. The Reality Labs segment provides augmented and virtual reality related products comprising virtual reality hardware, software, and content that help people feel connected, anytime, and anywhere. The company was formerly known as Facebook, Inc. and changed its name to Meta Platforms, Inc. in October 2021. Meta Platforms, Inc. was incorporated in 2004 and is headquartered in Menlo Park, California.Longby RedHotStocks3
$META - Targets 137 and 122Broke below flat base. Has room to go down. I would wait for a test of 154. That will be a good short entryShortby MrFleck1