If you haven`t sold META at $341: Then I think that META Meta Platforms will announce massive layoffs at the earnings date, which the market loves. Mark Zuckerberg will continue spending billions on building the Metaverse, but the market won`t care as long as they fire people. Another reason for a happy earnings ending is the FOMC decision to hike the interest...
I JUST loaded $135 puts Feb 3 exp. Meta going to tank!
Green line - Support Redline - Current resistance Yellow line - Next resistance Cramer said buy at 140 ... Hats off to him, a win is win! Floating all premarket under resistance at around 184. Over 184 and the next stop is 200 Company earnings were crappy but I guess this is still a discount if the FED has no credibility. Be careful opening longs up,...
As spoken in stikstockitslive cord, this push was coming with more whale spouts to come. Remember that late entries can botch your PNL. Keep taking the money everyone! Great Job!!! --stikstockitslive
Meta is a solid company with many milestones ahead in it's future. It is the future. Don't get lost in the sauce spacey home alone stik tracey =stikstocktitslive
Earnings watch tomorrow + FOMC, 2/1/2023. Here's a 4hr ext chart comparison, with the tickerTracker MFI Oscillator set to 20, color coordinated with these 10 tickers. META PTON ALGN AFL BSX TMO TMUS MET ALL WM
Meta has rallied off of a major share buyback. This is now a perfect short setup as its approaching some massive resistance in a way overbought move. Accumulation on the short side should be high risk to reward setup.
Meta Platforms (META) reported fourth-quarter earnings with revenue beating the expectations. Here are the key points: Meta earnings per share came at $1.76 well below the forecasts of $2.26. The revenue came at $32.17 billion above the expectations of $31.53 billion. Daily Active Users (DAUs) were 2 billion slightly higher than the 1.99 billion...
Earnings coming out after the market tomorrow. Price rejected off the 200 DMA and I opened a small short position after the rejection. The RSI is very elevated. SNAP came out with horrible earnings after market today and fell off over 14 %. Both Pinterest and FB fell, FB dropped to 145.37 and has since bounced to 147. .5 fib retracement is 120.67, also there is a...
It's time to keep a close eye on FAANGT stocks to be ready to reposition once the rules I've outlined in my post “A trading system for rookies” are met. I also urge you to consider positions in the Greek Stock Exchange where there are now many reliable and safe shares that are in a mature phase of growth. Some of them are presented below. For more...
a good beat tommorow means up, and a fair or poorer review means down. im expecting goog, amzn, aapl, fb and indices to follow suit.
Has been weak all day. Hard to make any decaisions as we have FOMc tomrorow. If I was going to short anything it would be meta. Multiple wicks to 148.40s. Fake breakout today of a bearflag which has reistance at 148.80 area. Lower support is 147 even. Target to downside is 142-141 area of previous reistance. This seems really weak to me I am liking the idea...
What do we do with them? Ascending Triangle . All Triangles are neutral until broken and an ascending triangle can break down just as a descending triangle breaks up. Flag formed but was unable to reach full targets due to a prior falling window or a gap down. This is possibly due to the the resistance at the top of that window and price has been a bit...
Let's be honest from purely a probability perspective I see meta NOT beating earnings for many reasons. ad rev still down. covid reopening people using social less. snap will do poorly as usual the business model is failed. burning cash for meta oculus headsets. last time we had earnings it dropped over the 3 day rule around 35% FK Zuckerberg and short this...
$META Trade Idea Earnings runup currently filling bear gap Calls over $153.19 Target $154.31, $156 Puts under $147.47 Target $141.47
Big one for this week to watch. We saw a short term rejextion so far but there could still be some room up after a cool down period. My key reistance I am watching is 154.60. For me this area is huge Becuase before the drop we had to the new lows, this was a sideways bearflag channel that chopped around from 154.60 support to 182.50 reistance. For me meta...