I can spot a perfect 5-up wave pattern from October 2022 through March 2024. A correction is likely to follow next.
On the chart we have a classic Zig-zag (ABC) correction (5-3-5) but any type of correction can develop. It can be flat, complex, extended, irregular, etc.
There is always the possibility that wave five is not yet over or that it becomes extended;...
Hello Traders and Investors, today I will take a look at Meta Platforms.
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Explanation of my video analysis:
For more than five years Meta Platforms has been trading in a reverse symmetrical triangle formation. We saw the last retest of support back in the end of 2022 which was followed by a decent rally of +450% towards the upside. At the moment Meta...
Meta grabs liquidity from Buyers at Supply zone then enters a range for S&D zone , for now its at Discount Price Range good long reversal expected unless theres not enough liquidity and create Trend Change to Short
NASDAQ:META had a good run, but now that run is coming to an end.
I started buying puts today when price was at $524. I bought 6/21 $300P. There's a chance price could break the current highs, but it wouldn't change my bias.
I think starting later this month, we're going to start to see a large move down in META.
Overall, I think there's a possibility that...
This is a follow-up to my Big PIcture calling for $489 (click)
High Gravity fib has held us in orbit for 2 months.
Just got a retest on the day of Earnings release.
This could mark the top or start next leg today.
Time of this post is BEFORE the release,
chart will not show results until next day.
.
Here is my big...
What do you mean the charts couldn't of helped you stay clear of #Meta?
Over 1 month ago you got the warning sign to step aside.
Just follow the bread crumbs...
#nasdaq #bitcoin #netflix #google #amazon #tesla
Meta Platforms' stock price sits at $443.29, with a recent sharp downturn in the backdrop where shares plunged 10.6%. This movement reflects the market's knee-jerk reaction to an unforeseen catalyst, necessitating a deeper dive into the technicals to ascertain the next potential move.
Fibonacci Retracements:
The stock's rebound from the low of $414.50 aligns with...
Nice to meet you. SEOVEREIGN - server.
Usually, the market determines the direction of determining the direction before there is a FOMC meeting.
But this time, major indexes such as Naes and SPX DJI started the HaX DJI.
Among them, it is META.
Mary's gonna arrive at the high point of Elliot Parker.
The stock price may be paid in the future
Metropolitan Government...
META Share Price Collapses after Publication of Quarterly Report
Just yesterday, META's stock price closed at USD 493.50, up approximately 40% since the start of 2024 and up nearly 300% since the start of 2023.
However, following the release of Meta's quarterly report, its shares plummeted to USD 400 in post-market trading, representing a decline of more than...
Hello everyone
I am so sure about corrective waves patterns but I am sure that Meta in stuck in a mid-term correction.
Let it go down and we will get in in the lowest prices.
Be safe and Happy
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...
Elliot wave some gap that might be "runway gap" and "exhaustion gap"
But there are momentum divergence shown so it more likely to be "exhaustion gap"
for sentiment analysis
CEO of this company is selling all the way with 0 buying activity for 12 months straight
I have little worry about about upthrust that can touch SL so I have to set SL quite far
also...
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...
META Shorting
The META chart suggests a possible short opportunity based on a the resistance on the monthly timeframe. We expect it to get rejected on that uptrend line near $527.
Short price targets 🎯 in descending order: $424 & $360
Big megaphone pattern, noone uses facebook anymore, instagram is mid, earnings were trash, this stock is worthless, dump this thing to the netherrealms, hey maybe it recover and this broadening wedge becomes bullish you never know
!!GAP FILLING PHENOMENON!!
1. Immediate Bearish Outlook: Meta's stock is expected to experience a significant downturn, with projections indicating a drop below $400.00 within the current week. This decline is attributed to an earnings report, which could trigger a 20% decrease and result in Gap #1 being filled.
2. Potential Further Declines: Despite previous...
Hi all,
In my 2c opinion.
Nothing new, flat progress = over priced.
If it break trendline good time to sell & looking for other opportunity mean while.
let it slowly create discount and value.
All the best.
