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META Technical Analysis and Trade Idea#META has experienced a remarkable bullish surge. However, the 1D timeframe indicates potential weakness as we see the trend ranging sidweays creating lower highs. We are considering a possible retracement towards the 50-61.8% Fibonacci zone potentiall trading through the gap evidenced on the chart. This area typically attracts increased liquidity due to sell stops, potentially encouraging long positions from institutional traders. Trading Considerations Meta Platforms: Counter-Trend Short: Explore a short entry near the current price level, strategically placing a stop-loss above the recent highs. Maintain a 1:1 risk-reward ratio for this trade. Fibonacci Buy: Target a potential buy opportunity close to the 61.8% Fibonacci retracement level. This aligns with the possible accumulation of long positions by larger market players. Utilize a stop-loss below the recent swing low, and define target levels as shown on the screenshot. Disclaimer: This analysis offers my personal market interpretation for educational purposes and should not be considered direct financial advice. Always prioritize your own independent research and thorough risk assessment before making any trading decisions.
NASDAQ:METAShort
by fxtraderanthony
META Is it finally time to correct?Meta Platforms (META) has been among the biggest winners in 2023 and of course is having a great start to 2024 as well. Those who follow us know that we have been big bulls on META even right on its 2022 bottom (see charts below), when most of the market had lost faith in the company's operations, business model and its ability to generate profit. We even mapped to perfections its V-shaped recovery to new All Time Highs (ATH) As the company had one of its best 1W candles in history last week following the dividends announcement, we are starting to consider a short/ medium-term pull-back for the stock. This is also justified by historic price action. Since the current large Megaphone pattern started in mid 2018, META has corrected to or below its 0.236 Fibonacci retracement level within a -16.00% to -19.77% decline range, 5 times. On all cases except for the initial 2023 recovery, the 1W RSI was overbought above the 70.00 mark. Right now the 1W RSI is on its most overbought state in history. As a result, we have a growing belief that it is time for the social media giant to start correcting again. A minimum of -16.00% decline will deliver a $410.00 Target level for META, just below the 0.236 Fibonacci level. Note that during all such declines, the 1W MA5 (blue trend-line) provided support, closing all candles above it. Do you think it is time for a 4 - 6 week correction? ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
NASDAQ:METAShort
by TradingShot
2
META One more rally before correction.Meta Platforms (META) gave us an excellent bottom buy opportunity last time we looked at it (December 08 2023, see chart below) having hit already Target 1 (350.00) and currently going for Target 2 (384.50) following the Higher Highs break-out: As long the Higher Highs trend-line holds, we expect a technical rejection at or slightly above the 384.50 All Time High (ATH) target and subsequent correction towards at least the 1D MA50 (blue trend-line). The last medium-term correction has been -8.70%, which gives us a minimum target of 351.00 on the downside. If the decline extends, we can see a maximum (from a technical perspective) decline of around -15.75% (similar to October 26 and August 18 2023) that could test the 1D MA200 (orange trend-line) and will be the strongest long-term buy opportunity. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
NASDAQ:META
by TradingShot
Meta - Buy The DipHello Traders, welcome to today's analysis of Meta Platforms. -------- Explanation of my chart analysis: During 2022 Meta Platforms declined massively and dropped more than -70% all the way down to the previous support at the psychological $100 level. From there we saw a pump of more than 250% after which we could now see a short term pullback followed by new all time highs. -------- I will only take a trade if all the rules of my strategy are satisfied. Let me know in the comment section below if you have any questions. Keep your long term vision.
NASDAQ:META
by basictradingtv
7
Navigating the $META Wave Investors have paid higher prices over time to buy NASDAQ:META and the stock is in a rising trend channel . This signals increasing optimism among investors and indicates continued rise. NASDAQ:META stock has broken up through resistance at dollar 327. This predicts a further rise. In case of negative reactions, there will now be support at dollar $327. Volume has previously been low at price tops and high at price bottoms. This weakens the rising trend and could be an early signal of a coming trend break. New Partnership NASDAQ:META and ONDC Partner To Support Small Businesses in India for Seamless Conversation Buyer and Seller Experiences. As per its commitment to upskill 10 million small businesses across the country, Meta Small Business Academy offers a certification to empower entrepreneurs and marketers to gain critical digital marketing skills to grow on the Meta apps.
NASDAQ:METALong
by DEXWireNews
Meta and IBM Team up Against Dominant Big Tech PlayersIn a prominent push toward open-sourcing artificial intelligence, IBM and Meta on Tuesday launched a group called the AI Alliance, an international coalition of corporations, universities and organizations that are collectively committed to "open science" and "open technologies." The Alliance, according to a statement, will be "action-oriented," and is meant to better shape the equitable evolution of the technology. Some prominent members of the organization include AMD, Cornell University, Harvard University, Yale University, NASA, Hugging Face and Intel. The goal of the group, according to a statement, is to enhance responsible innovation by ensuring trust, safety and scientific rigor. To achieve that goal, it will push for the development of benchmarks and evaluation standards, support AI skill-building around the world and highlight members' use of responsible AI.
NASDAQ:METALong
by DEXWireNews
META Is it a BUY again?Meta Platforms (META) hit our $320.00 target after our most recent November 19 call (see char below) following a clear rejection on the Higher Highs trend-line: The stock has since held the 1D MA50 (blue trend-line) as its short-term Support and turned into a buy again. The short-term target is still limited to the Higher Highs trendline and in that sphere of logic, we will target $350 (Target 1). If however Support 1 (313.50) breaks, we might see another almost -16% decline, similar to the previous two bearish legs since July 28, which can test the 1D MA200 (orange trend-line). That will be the strongest buy opportunity on the medium-term and we will target again the Higher Highs trend-line at $360 (Target 2). Any candle closing above the Higher Highs trend-line will be an automatic bullish break-out signal, targeting straight the All Time High at $384.50. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
NASDAQ:METALong
by TradingShot
1
Meta Platforms Inc. Join Forces In Open AI Advocacy InitiativeMeta Platforms (NASDAQ:META) and International Business Machines (NYSE: IBM) have announced the formation of an AI Alliance, a coalition of over 50 AI companies and research institutions advocating for an open model of AI. The alliance, which includes notable members such as Intel INTC and the National Science Foundation, aims to pool resources for “open innovation and open science” in AI, The Wall Street Journal reported. The majority of the members are proponents of open-source tech, which involves freely shared technology and a history of collaboration among Big Tech, academia, and independent coders. IBM and Meta have been working together since August to form this alliance. Darío Gil, senior vice president at IBM and director of IBM Research, expressed dissatisfaction with the AI discussions over the past year, stating, “We did not feel that it reflected the diversity of the ecosystem that is making this AI moment possible.” Despite IBM’s AI history being tainted by the faltering of its Watson system, Gil said its new Watsonx system is a completely new platform. Similarly, Meta, despite some setbacks in AI development, is attempting to establish a foothold in the thriving AI market through its open-source AI system, Llama 2 AI model. The formation of the AI Alliance comes at a time when businesses are seeking more AI product providers to reduce the risk associated with single-vendor dependency. This need for a more distributed approach is something the AI Alliance aims to address. META Price Momentum META is trading near the top of its 52-week range and above its 200-day simple moving average. Investors have been pushing the share price higher, and the stock still appears to have upward momentum. This is a positive sign for the stock's future value.
NASDAQ:METALong
by DEXWireNews
Meta And IBM Launch AI Alliance Amid OpenAI ChallengesMeta and IBM formed an AI alliance to counter OpenAI dominance, reshaping AI's future with success hinging on execution and safety commitment. In a strategic move to reshape the AI landscape, Meta Platforms and IBM have spearheaded the formation of the AI Alliance, a coalition comprising over 50 leading artificial intelligence (AI) companies and research institutions. Notably, this alliance, born out of dissatisfaction with the one-sided discourse dominated by entities like OpenAI, is geared towards promoting open innovation and open science in the rapidly expanding AI domain. Unlocking the Power of Collective Innovation In a joint effort, Meta Platforms and IBM have orchestrated the birth of the AI Alliance, a collaborative force of over 50 influential players in the field of artificial intelligence, according to a WSJ report. Notably, this alliance, which boasts prominent members such as Intel, Oracle, Cornell University, and the National Science Foundation, aims to champion “open innovation and open science” in the realm of AI. Meanwhile, Dario Gil, IBM’s Senior Vice President and Director of IBM Research, voiced dissatisfaction with ongoing AI discussions, emphasizing the need for a more inclusive representation of the diverse ecosystem driving the current AI advancements. Gil acknowledged the overshadowing narrative led by generative AI since the advent of OpenAI’s ChatGPT a year ago. Unlike closed systems maintained by their creators, the AI Alliance is championing the cause of open-source technology, fostering collaboration among industry giants, academia, and independent programmers. Notably, many members of the alliance already possess their AI products but are striving to keep pace with the attention garnered by OpenAI and its partner, Microsoft. Shifting Tides in the AI Market As enterprises globally are projected to spend nearly $16 billion on generative AI solutions in 2023, the AI Alliance is strategically positioning itself to offer a more distributed and resilient alternative. Notably, the recent upheaval at OpenAI has prompted businesses to seek diversified providers, minimizing the risk associated with relying on a single vendor. Meanwhile, Meta’s foray into the open-source AI market through its Llama 2 AI model and IBM’s introduction of the Watsonx system underscore the alliance’s commitment to driving innovation. In addition, IBM’s Gil expressed the significance of adopting a decentralized approach, asserting that it enhances resilience by preventing any single institution from obstructing the success of the open engine. He stated, “This alternative method is more decentralized and robust.” The AI Alliance’s launch signifies a pivotal moment in the AI landscape. As businesses explore alternatives to mitigate risk, the alliance, with its emphasis on open innovation, stands as a compelling option. Meanwhile, Ritu Jyoti, Group Vice President of Worldwide AI at IDC, notes, “It will all depend on how well they execute it.” Meanwhile, the alliance’s focus on areas like regulation and safety, with plans to release a benchmarking tool for AI safety and model validation, further solidifies its commitment to reshaping the future of AI through collective effort.
NASDAQ:METALong
by DEXWireNews
🔴 META PLATFORM: Daily Technical Analysis & SetupHi Traders! From a technical point of view, NASDAQ:META is very interesting for Day Traders, but at the same time it could also give some opportunities to Aggressive Traders (Intraday) in short term. Having said that, if we look at Daily Chart the trend is bullish in mid-long term, but in the short term we do not exclude a bearish consolidation before another rally. For Day Traders Setup is very simple, wait for pullback to take long position as shown on the chart. Money Management also seems interesting, with a risk of 2% we get a Risk/Return Ratio > 1:8 (not bad). 🔴 INTRADAY ANALYSIS How can we get to our Setup Area? ============================== Now we need to understand how META could reach our Setup Area, and it could do so simply in two ways: with a bullish scenario (Top and Impulsive Structure still in play) or with a bearish scenario (ABC Pattern in play), as shown on two chart below. Both of these two scenarios should be able to reach our setup area on the daily chart: Trade with care Like | Share | Comment
NASDAQ:METALong
by TheAnonymousBanker
5
🚨♾Meta Platforms(META)♾ will Go Down at least ➖20%🚨🏃‍♂️♾ Meta Platforms(META) ♾ is moving near the 🔴 Resistance zone($332-$315) 🔴. 💡Also, we can see Regular Divergence (RD-) between two consecutive peaks . In terms of Elliott wave theory , the Meta Platforms(META) seem to have completed the main wave 3 at the 🔴 Resistance zone($332-$315) 🔴 with the help of the Expanding Ending Diagonal Pattern . 🌊It is interesting to note that in the middle of main wave 3 , the main Bullish Long Island Pattern can be seen, which confirms our wave count. 🔔I expect the Meta Platforms(META) to lose at least ➖20% of its value after breaking the lower line of the Expanding Ending Diagonal and reaching the 🟡 Price Reversal Zones(PRZ) 🟡, Support line(1) and 🔵 200_SMA(Weekly) 🔵. 📚If you want to know about the types of Gaps , you can read the following article.👇 Meta Platforms( METAUSD) Analyze, Daily time frame⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my Idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
NASDAQ:METAShort
by pejman_zwin
20
Meta (NASDAQ:META) Faces Legal Heat in the U.S. and EuropeSocial media giant Meta Platforms (NASDAQ:META) is in trouble over privacy issues. In a setback for Meta, Judge Timothy Kelly of the U.S. District Court for the District of Columbia ruled that the U.S. Federal Trade Commission (FTC) can seek to lower the amount of money the company makes from users below the age of 18 years. Price Momentum META is trading near the top of its 52-week range and above its 200-day simple moving average. What does this mean? Investors have been pushing the share price higher, and the stock still appears to have upward momentum. This is a positive sign for the stock's future value.
NASDAQ:METALong
by DEXWireNews
A Positive View on META Platforms Inc. Meta Platforms (NASDAQ:META) and has recently revised the price target from $380 to $435, highlighting its innovative approach, integration of artificial intelligence, and strong financial standing as key drivers of growth. One of the factors contributing to this positive sentiment is Meta Platforms’ recent initiatives, such as the launch of the Threads app, which is viewed as a catalyst for future growth. These developments have further solidified financial institutions that Meta Platforms is a strong buy, with a promising outlook for its future performance. META's Positive Outlook META’s market capitalization stands at an impressive $858.8 billion, highlighting its prominence in the technology services sector. Despite a challenging year for the company, with a negative earnings growth of -38.26% in the previous year, META has shown resilience and is projected to experience a positive earnings growth of +40.43% this year. Looking ahead, the company is expected to maintain a steady earnings growth of +20.88% over the next five years. In terms of revenue growth, META experienced a decline of -1.12% in the previous year. However, the company’s strong market position and potential for growth are evident from its financial indicators. META’s price-to-earnings (P/E) ratio stands at 30.1, indicating that investors are willing to pay a premium for the company’s future earnings. The price-to-sales ratio of 2.79 and price-to-book ratio of 6.95 further reflect the market’s positive sentiment towards META’s prospects. Taking a broader perspective, META operates in the technology services sector, specifically in the internet software/services industry. As a leader in this industry, META has established its corporate headquarters in Menlo Park, California, a hub for technological innovation. Despite challenges in the past, META is expected to experience significant earnings growth this year and maintain a steady growth trajectory over the next five years. As a prominent player in the technology services sector, META’s stock performance is influenced by broader market movements and sentiment. Investors and analysts will eagerly await the next reporting date to gain further insights into META’s financial performance and growth potential.
NASDAQ:METALong
by DEXWireNews
META Buy only if this trend-line breaks.Meta Platforms (META) hit last week the top (Higher Highs trend-line) of the Ascending Triangle pattern after breaking the previous High (Resistance 1 at 330.00). This is so far the peak of the technical rally and we will buy only after 1D MA50 (blue trend-line) pull-back (1D RSI ideally on the Support Zone) or if the price closes a 1D candle above the Higher Highs trend-line first. In both cases, the bullish target will be 384.50. Until though the Higher Highs trend-line breaks, we will be selling, targeting 320.00. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
NASDAQ:META
by TradingShot
4
Meta Stocks on the Rise! A Golden Opportunity for Traders! As many of you may have already noticed, there has been a significant surge in Meta stock prices as Wall Street continues to invest more in this promising asset. In fact, Meta's stock price is approaching the impressive $340 mark, proving its momentum and potential for substantial growth. Considering the present market conditions and the analysis of seasoned experts, it seems like there has never been a better time to long Meta stocks. The impressive rise and consistent bullish trend indicate that Meta stocks are poised for substantial gains in the foreseeable future. By investing in Meta stocks now, you are positioning yourself to benefit from the tremendous growth opportunities that lie ahead. With Wall Street's increasing confidence in Meta stocks, it's crucial to seize this golden opportunity before it passes by. I invite each one of you to carefully consider adding Meta stocks to your portfolio and capitalize on the remarkable financial prospects it offers. Remember, fortune favors the bold and those who dare to seize incredible opportunities. Join the ranks of smart traders who have already recognized Meta stocks' value and growth potential. In conclusion, Meta stocks have proven to be a powerful force in the financial market, with Wall Street's increasing investment further attesting to its potential. Don't miss out on this lucrative chance to grow your portfolio and achieve financial success. Should you have any questions, or require further data regarding Meta stocks, please do not hesitate to comment below.
PYTH:METALong
by bryandowningqln
1
META ~ Snapshot TA (Daily / Nov 2023)NASDAQ:META chart mapping/analysis. Bullish consolidation higher within an ascending parallel channel (white). Bull target(s) Breakout above descending trend-line resistance (white dotted) Overhead gap fill (~361.59) Prev ATH + upper range of parallel channel (light blue) confluence resistance zone Bear target(s) Ascending trend-line support (green dotted) Golden Fib Pocket Lower range of ascending parallel channel (white) 50% Fib Underlying gap fills (~214.11 / ~201.03 / ~183.78) 38.2% + gap fill (~201.03) confluence support zone
NASDAQ:META
by BlueHatInvestor
META Strong Falling Wedge bullish break out.Meta Platforms, Inc. / META got rejected last time exactly where we wanted to (see chart at the bottom of the analysis) and hit the bottom of the Triangle pattern, which is where we wanted to buy. The price broke today over the 1day MA50, which was the pivot level inside the Channel Up pattern. Based on the previous rebound, this is the start of the new bullish wave to to the top of the Channel Up. The 1day rebounded on Support A, which is where the previous Channel Down Low was priced. Buy on the closing of the next 1day red candle. Target 335.00 (+20.50% rise). Previous chart: Follow us, like the idea and leave a comment below!!
NASDAQ:METALong
by TheCryptagon
META Is it a buy again?Two months since we gave a successful buy signal (see chart below) on Meta Platforms (META) and the stock is yet again found after an aggressive selling sequence: The (almost) 12-month long Bullish Megaphone may be still intact but this time the price dropped below both the 1D MA50 (blue trend-line) and the 1D MA100 (green trend-line). It is however approaching not just the bottom (Higher Lows trend-line) of the Bullish Megaphone, but also Support 1 (274.50). What makes Meta a strong buy already is that the 1D RSI entered the Buy Zone, which is the area within the bottom of its Channel Down and the Support. As long as the 1D MA200 (orange trend-line) holds, buying some here and the rest at the bottom of the Bullish Megaphone is the most optimal approach for the medium-term. As you can see, the price action follows very distinct time Cycles (dashed curves) and right now the new one is about to begin. Our target is the $384.50 All Time High of September 01 2021. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
NASDAQ:METALong
by TradingShot
META Platforms Options Ahead of EarningsIf you haven`t sold META when ARK did here: or entered the dip here: Then analyzing the options chain and the chart patterns of META Platforms prior to the earnings report this week, I would consider purchasing the $317.50 usd strike price Calls with an expiration date of 2023-10-27, for a premium of approximately $10.30. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. Looking forward to read your opinion about it.
NASDAQ:METALong
by TopgOptions
3
Potential double-top ahead of earningsMeta Platforms posted a new 52-week high last week, hitting $330.54. After that, it retreated lower, creating a potential setup for a double-top pattern. As a result, we are carefully watching the developments on the daily chart, with the main focus on RSI, which seems to have topped slightly below 70 points last week. In many instances, such behavior is associated with bear markets. Therefore, in the next few days, we will observe whether it will be able to break into the overbought territory; if not, it will act as a warning sign. One thing to consider, however, is that Meta Platforms is scheduled to report earnings next week. Within the past two years, all except for one earnings release were accompanied by a volatile price action and an opening gap the next day. Consequently, we would not be surprised to see a similar occurrence take place this time again. That brings us to the conclusion that staying on the sidelines would be the best alternative until the company releases its earnings. Illustration 1.01 Illustration 1.01 displays the daily chart of Meta Platforms. Yellow arrows indicate four major opening gaps within the past twelve months. Interestingly, every one of them coincided with the release of the quarterly earnings report. Technical analysis gauge Daily time frame = Bullish Weekly time frame = Bullish *The gauge does not necessarily indicate where the market will head. Instead, it reflects the constellation of RSI, MACD, Stochastic, DM+-, ADX, and moving averages. Please feel free to express your ideas and thoughts in the comment section. DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not be a basis for taking any trade action by an individual investor. Therefore, your own due diligence is highly advised before entering a trade.
NASDAQ:METAShort
by Tradersweekly
Exciting Times Ahead! Time to Go Long on Meta!First things first, have you noticed the recent absence of news surrounding Meta and Mark Zuckerberg? Well, let me tell you, my friend, it's actually a fantastic sign for the stock! Sometimes, no news is indeed good news, especially when it comes to a company as innovative and influential as Meta. Here's why the silence is golden: Meta, under the visionary leadership of Mark Zuckerberg, has been relentlessly pushing boundaries and revolutionizing the way we interact with technology. With their groundbreaking advancements in augmented and virtual reality, as well as their strong foothold in social media, Meta is perfectly positioned for exponential growth. When there's a lack of news, it often signifies that the company is diligently working behind the scenes, cooking up something truly remarkable. They might be busy refining their products, developing new features, or even exploring potential partnerships that could skyrocket their stock value in the near future. So, my friend, this is the perfect time to seize the opportunity and go long on Meta! By investing in Meta stock now, you position yourself to reap the benefits of their future success. As the world becomes increasingly interconnected and reliant on immersive digital experiences, Meta's offerings are poised to become even more integral to our daily lives. Imagine a world where virtual reality becomes the norm, where we can connect with loved ones, explore new places, and engage in virtual commerce seamlessly. Meta is at the forefront of making this vision a reality, and you have the chance to be part of this groundbreaking journey. So, what's the call-to-action, you ask? It's time to take action and consider adding Meta to your portfolio! Conduct thorough research, analyze the market trends, and evaluate your risk appetite. Once you feel confident in your decision, seize the moment and make your move. Remember, fortune favors the bold! As always, I encourage you to consult with your financial advisor or do your own due diligence before making any investment decisions. The stock market can be unpredictable, but with Meta's track record and the potential for future growth, we have a compelling opportunity on our hands. Let's embrace the excitement and optimism that comes with investing in a company that is shaping the future of technology. Together, we can ride the Meta wave and enjoy the fruits of our foresight! Wishing you happy trading and a prosperous journey ahead!
NASDAQ:METALong
by bryandowningqln