Facebook (FB)
WATCHING $FB for 275WATCHING $FB for 275
Target 1 was hit pretty quickly… Now off to target 2… 275
Relative Strength is bearish, sitting under the EMA of the RSI
35EMA on the Weekly has the potential to act as resistance and FB is sitting right under it…
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I usually trade both ways, but lately I’ve been focusing more to the downside because of how high the market is. It makes more sense to sell puts right now, and I’m usually at Target 2.
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I am not your financial advisor, but I will happily answer questions and analyze to the best of my ability but ultimately the risk is on you. Check out my ideas, but also do your own due diligence.
I am not a bull. I am not a bear. I just see what I see in the charts and I don’t pay too much attention to the noise in the news.
Very often you have to look at my charts from the perspective of where I’m looking to sell puts. But I also do open positions still once in a while.
If you want me to analyze any stock or ETF just leave me a comment and I’ll do it if I can.
Have fun, y’all!!
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FB Estimated range for the next 12 months. Upside?My first idea published on here, simply a range of FB price action in the past and an estimated view for the future 12 months. 50% correction to Pandemic's low is extremely unlikely unless destroyed by congress in matter yet unknown or something of the matter. $200 to $280 range should be a bottom in worst case scenario. $300 has seen much price action in the last 'almost' two years. Should serve as a common support and resistance as it has in the past.
FB BEAR CASE:
Worst case flat in 12 months.
UPSIDE:
unlimited with Zuck's sleeves full of real of fake aces
Valuation Resistance: 1.2-1.25 T
Meta Platforms | Fundamental Analysis |Long Setup|MUST READ 🔔Meta Platforms stock has declined markedly over the past few months. After popping a 52-week high of $384.33 three months ago, shares of this technology company have fallen more than 19%.
Meta stock appears to be cooling off after a victorious 2020 and further strong gains this summer. The stock is also likely affected by increased media and government scrutiny of the company, as well as recent iOS changes that have negatively impacted Facebook's ad measurement and tracking.
But despite the bearish trend and some negative headlines about the business in the media, parent company Facebook's core business is doing well. Given that business is doing well and the stock is falling, is this a good buying opportunity for investors? Or should investors wait for further stock declines before considering buying Meta stock?
To understand how staggering Facebook's momentum is, let's look at some key metrics from the company's Q3 earnings report. Revenues were up 35% during the reporting period, mainly due to a 33% year-over-year increase in advertising revenue, and the total number of unique daily active users across all of the company's platforms rose 11% year-over-year to 2.81 billion. The number of unique monthly active users across all platforms rose 12% to 3.58 billion.
For the fourth quarter, Facebook is forecasting revenues between $31.5 billion and $34 billion, reflecting a significant seasonal increase over third-quarter revenues of $29 billion. The midpoint of this forecast range means a 17% year-over-year increase. However, Facebook's forecasts tend to be fairly conservative, so actual growth over the period is likely to be higher.
Investors should also keep in mind Facebook's impressive cash generation. The company's free cash flow for the nine months was $25.9 billion, up from $13.8 billion last year and $15.8 billion in the same period two years ago. Facebook's 12-month free cash flow was $35.8 billion.
This strong cash generation has resulted in a huge inventory of cash, cash equivalents, and marketable securities totaling more than $58 billion. This strong position combined with active cash generation has allowed Meta to actively repurchase stock. In the third quarter alone, the company repurchased $14.4 billion worth of its stock and announced a $50 billion increase in share repurchase authorization during its third-quarter results presentation.
With such strong fundamentals, it's hard to believe that the technology company's stock is trading at just 22 times earnings today. That's even more surprising when you admit that Meta's current consensus analyst forecast for its bottom line assumes earnings per share growth averaging 21 percent year-over-year over the next five years. Investors should not let Meta's recent stock decline and conservative valuation fool them. It is still a growth stock and should be valued as a growth stock.
While there is no way of knowing if this is the low point for the stock, investors who bought the stock today will likely have good results over the next few years. While there are certainly risks for Meta Platforms, including the changing digital advertising landscape, antitrust concerns, and competition from smaller social media companies such as Snap and Twitter, these risks seem to be largely embedded in Meta's conservative share price.
META ~ FBFacebook if it can't break 320 will have possibility to come down and test the 290 area where I believe would be the best spot to start adding to Meta on the dip.
This one could still go either way but FB is undervalued here on the cut, it pulled a possible fake to the downside with more upside to come -- good luck trading and don't get too eager unless you're buying shares.
FB bullish setup for gap fill tgt 360There is a wolfe wave setup on the 78 min time frame with extended hours on. The projected target is calculated by extending a linear line between pivot 1 and 4 and projecting the line. This is represented as the green perforated line, as shown in the chart. The projected target is 360 which is expected to reach this price target within 14 days.
Weekly charts peovide important information!In these charts, you see weekly candlestick patterns are Identical for the 7 biggest tech companies:
AAPL, MSFT, GOOG, AMZN, TSLA, FB, and NVDA have made a bearish candlestick pattern last week.
MSFT, GOOG, AMZN, and TSLA made Bearish engulfing pattern or Brarish outside bar! after a bullish rally in the past 6-8 weeks!
S&P 500 and NASDAQ 100 also made the same pattern:
Short interest for these tickers is between 0.55-1% except for TSLA which is 2.56% and AMD 6.25%.
And, Put/Call Open Interest for the next 30 days is between 0.74 to 1.8, which is relatively high for these tickers..!
Having said that,
In December 2021, the stock market will face challenges such as Omicron, Fiscal year budget, Debt Ceiling, and Quadruple witching!
I am confident that we are going to see a very volatile December and possibly a correction!
You can see the most important support (green lines) and resistance (red lines) to watch in the coming days in these charts!
Best,
Moshkelgosha
DISCLAIMER
I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
A review on November 22 post!Please review the post on November 22, 2021:
Title: The overwhelming pressure of Sellers! (This post was not public)
these charts have common features:
1-They are all Giant Tech companies! (except RBLX )
2- They have above-average price volume!
3- They had a bullish rally recently!
4- They start the day well but closed at the lowest daily trading price!
5- They are among the top 10 daily Price Volume leaders!
6- They made long upper shadows and some made a long bearish engulfing pattern!
Having said that Do not expect good days ahead for techs!
Corrections seem inevitable!
All correct except AAPL..! All prices decreased 4-12% in the past 2 weeks!
Best,
Moshkelgosha
DISCLAIMER
I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA , an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
$RBLX $AAPL $U $FB I OptionsSwing WatchlistRBLX 15M I RBLX is down near 20% from recent highs. $112 is acting as support. Watching for a breakout from the current downtrend on the 15 minute time frame.
AAPL 15M I AAPL showed strength the past few days as it managed to outperform its sector and QQQ. We are seeing a double bottom so far near the $160 level.
U 1H I Unity has been on a free fall and has shed 30% of its value in days. Expecting a retest of our trend on the 1 hour time frame. There is a slight div on the RSI.
FB 15M I FB has entered a bear market after falling more than 20% from ATH levels. Seems like $300 is a psychological support level that was defended last week.
QQQ likely range of support/bounceSince the initial W shaped correction of last September, the following corrections to QQQ have largely found support along the same support line seen from the September 2020 correction. Given that we’re essentially in a rising channel, this support line is expected to hold once again. The likely range of the bottom is denoted here, if we reach below this range, it’s likely that a long position will need to be re-evaluated in the short term.
FB-Meta Platforms (Face Book)The wave you see in the future price on the chart is a schematic of a possible price trend and will not be formed just to clarify the possible price movement.
This is a personal analysis and should not be considered a criterion for buying or selling. Please pay attention to the Take profit and Stop loss
Market Update: SPY 440 on The Table / FCEL and FB Play Next WeekGood Afternoon Team, The market played out as we called it with a $460 push to only be rejected and create a lower high and lower low. Bulls step to the side for now, as the bears have taken over on a day to day basis. As of now the market was unable to hold the Weekly $456 support which opens the door for a $440 flush next week. Expect a bounce starting Monday before you get the flush as we are a bit oversold on the intraday charts.
FB TRIGGER LEVELSBull Scenario
FB triggers Bull to Mark Up into our Bull Targets
FB finds support at our Bear Trigger to Mark Up into our Bull Trigger
Bear Scenario
FB triggers Bear into our Bear Targets
FB finds Resistance at our Bull Trigger and Marks Down into our Bear Targets
Neutral
Price action stays within our Trigger levels (inventory rebalance)
Side Note
Each level has the potential to reverse not all targets may be met.
My Apple analysis is failed, but...Before this trading week, I published my target price analysis for AAPL, MSFT, GOOG, AMZN, TSLA, FB, NVDA, AMD, LCID, and the major indexes!
I was bearish on all of them..!
While my apple analysis failed, others became right! and the statistics show 1 in 12, which is 91.5% correctness!
I know people tend to lean toward those who are writing about "Going to Moon", but I do not like Deception!
Best,
Moshkelgosha
DISCLAIMER
I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
Meta Platforms in red. FBWe are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe!