There's a lot to unpack in this post. We'll start with the obvious and that price raised much higher than I anticipated. Rather it be the announcement of dividends or something else I'm not sure. The price action we got before the earnings released appeared corrective in nature which pointed lower. Given the new action we've received I've spent a decent amount of...
META price has increased dramatically during yesterday's trading session. META has published positive earnings and announced that they will pay dividends in the future. That's it for the good fundamental news. As a technical trader, I like looking at price action and trading activity. I noticed that retail activity has increased more than 300% yesterday,...
Market Cap - 426 Billion META has been on a 9 year bull run, in that period, it has firmly cemented itself as a digital marketing juggernaut. When it reached its all time high of $384.33 back in September 2021, it had an enormous market cap of 1.064 trillion dollars. At the time, it was only the fifth U.S. company to hit the milestone , joining Apple , Microsoft...
Our target for Meta is $420 by August.One would be able to see great volatility in its stock price and make significant profits by buying puts. Impulse Wave (Downward Move): The first phase is an impulse wave to the downside. This could be triggered by various factors, such as negative news about the company, poor financial performance, or a broader market...
META is trading a cup and handle pattern on its daily chart. The price is trading above the Breakout: 236.86. ST: 219.96 62%: 328.86 79%: 353.24 127%: 425.89 162%: 477.46 William J. 0’Neil developed and popularized in the 1980s the Cup and Handle pattern. Cup and Handle patterns are continuation patterns, and they usually form in bullish trends. They also form...
Hi guys, after Meta's big announcement (I mean its dividend) I'm watching for something similar to take profit and rebuild new long position. Why? Easy. I'm learning that avoiding period of chopping is one of the rules to leverage gains, but to do this u must to have another asset to buy, so... Let's see how will play this year for tech stock.
Gap fill imminent, this market is nuts over $200b added to market cap on BS numbers. How many people IO know that have 2, 3, 5, or 7 accounts many of their accounts are downright FAKE!! This is way overbought and overdone. A dividend lol
If you haven`t bought the dip on META: Then analyzing the options chain and the chart patterns of META Platforms prior to the earnings report this week, I would consider purchasing the 395usd strike price in the money Calls with an expiration date of 2024-2-9, for a premium of approximately $19.15. If these options prove to be profitable prior to the earnings...
I expect that the stock has reached the bottom, and we will see the beginning of a rise and a recovery from these areas The chart is on the 6-month frame I expect that the coming years we will see a wonderful growth of the company Of course, this is not investment advice. This is just an idea I wanted to share with you Please support the idea by pressing the...
We are near the end. Profit saving range. and opening sales transactions
Weekly chart, META is trading in a rising rectangle, and the MACD indicator went negative. This signals a possibility for correction. Below the support line (RED), the next strong support is 244 - 242 The other direction, after crossing the resistance line (BLUE), the near target will be 430
I am now in a 20 % net short in dec 480 puts filled at 53.50 I feel we are seeing the Bubble phase Risk in this trade is high But I am at a 20 % position
just seen the full effect of been patience and trust the prosses.
Been in a bull trend for some time, and doesn't look like a situation where you want to sell. Earnings coming out, but they have been only positive in the recent past so a go with the flow type of trade . In a bull trend like this, you don't want to go against it.
My trade idea is that Meta is preparing for a pullback. There is a divergence playing out on the weekly as well as a rising wedge. Already beginning to see some nice rejection at the supply level.
lol RSI = 87 for Myspace, rolled in 480 PUTS here, total joke market
META has risen 20% today. This is on top of very significant gains over the last year. I would be very reluctant to chase this now because there was a clear potential channel from several support points to the previous all time swing high that could now come into play.