I see the possibility of a five-wave drop. It's ABC and at the 2 to 2.13 Fibonacci level There is a possibility that it will be closed.
Two Daggers Buy Pattern EXPLAINED This is a super powerful pattern for a buy. Especially if you are a value investor. What do you want to look for? 1. You must see TWO daggers to the downside. A dagger is an extremely abnormal drop in price with a HUGE volume. You want to see the first dagger, and then pray for the price to continue falling at a normal...
This is my bearish trend idea. However wait for a fall back to a key level after trend continue to downtrend momentum, because overall structure breakout and continue to downtrend. You can see it high time frame momentum. Good luck
Dowsing (not technicals) give me a heads up to watch META and suggest a "spike down and reverse up". I did have a little intuitive hit this weekend that markets might have a decent move down on Tuesday. Anyway, I check for targets and it's in the zone of the gap fill, funny enough. I'd be looking long around this area as much as I'd be looking for a short term...
Meta is a particularly intriguing stock that experienced a significant selloff at the end of 2021, with an overall pullback of 77%. Since then, however, we've witnessed an extraordinarily robust surge of 444%, which is remarkably strong. Yet, this rise came without any interim corrections, raising questions about when such a correction might occur. We've concluded...
Am I the only one who has noticed this channel META has been trading in? I mean technically this is an uptrend, and asset prices do trend. I will say it's struggling to stay above the 500 plus range. It got above it a few times, but not for long. So what happens here? Do we continue to trend up and eventually breakout, or do you see Meta give back these gains from...
In a landmark move under the newly enacted Digital Markets Act (DMA), the European Union has initiated a comprehensive investigation into tech behemoths Apple, Alphabet (Google's parent company), and Meta (formerly Facebook). The probe, which marks the EU's first under the DMA, aims to scrutinize potential anti-competitive practices and ensure fair competition...
META on the weekly chart is at the ATH which is as a consequence at the third upper VWAP line. The RSI indicator shows the faster line crossing under the slower line. The relative trend index has topped out. Both represent bearish divergence. META makes its money with advertising dollars for revenue. There are increasing challengers to split revenues that...
This is my bearish trend idea. However wait for a fall back to a key level after trend continue to downtrend momentum, because overall structure breakout and continue to downtrend. You can see it high time frame momentum. Good luck
Quest 3 is coming out any time this year on fall. This will be revolutionary.
The recent top is our first pivot point, we will anchor short entries below the 472 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 coming which will be a steep fall, a crash fractal unless the cycle alters in an unlikely event. Trade safe, stay...
The recent top is our first pivot point, we will anchor short entries below the 472 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...
If you caught the move down utilizing my last video, bravo. We knew what to look out for and why we were expecting that move. Moving forward, we do have a bullish bias considering the strong recovery off of yellow support however we are going to need green and blue tapered selling to continue to build liquidity for a larger breakout. We can see massive liquidity...
This is a Thread, so Follow for Technical Analysis performed with TrapZone Pro & UMVD Indicators. * Trend is Based on TrapZone Color * Bar Colors give us Momentum Green from strong Up Moves. Red Bars point to strong Down Moves. * Red UMVD = Selling Pressure & Green UMVD = Buying Pressure. Purple is for Divergence = Battle of Supply &...
Looks like a double bottom here off supporting trendline.. long over 500 ,Target 520
META Platforms may have turned neutral on the 1D timeframe (RSI = 53.558, MACD = 15.800, ADX = 23.681) but remain extremely overbought on the 1W (RSI = 76.808). The stock hit the HH trendline that dates back to January 2018, while the 1W MACD is about to form a Bearish Cross. During these six years, the stock has had five standard corrections (excluding the 2022...
ive been long this stock for a long time now, but because of the commercial in the super bowl we'll see a nice little trendy tech pump monday morning, almost 100% going to happen- its just so trendy for it too happen. also facebook might just own all telecommunications one day.
This will make more sense to you if you've watched my previous videos on META or really anything - same analysis, different equity. Keep an eye out for a rejection of this levels especially near teal which will be the driver to take us down. Livestreaming at 9:30 AM EST today for those who want to see me approach this in real time! Happy Trading :)