META to extend losses even more?Meta - 30d expiry - We look to Sell a break of 107.98 (stop at 115.15)
The primary trend remains bearish.
There is no clear indication that the downward move is coming to an end.
This is curremtly an actively traded stock.
108.32 has been pivotal.
A break of the recent low at 108.32 should result in a further move lower.
Our overall sentiment remains bearish looking for lower levels.
Our profit targets will be 91.04 and 88.04
Resistance: 126.40 / 134.00 / 142.00
Support: 115.00 / 108.50 / 96.00
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
Metaplatforms
FACEBOOK 25 % pump (NEW)After dropping to lows from 2015, most likely we will see a bounce.
-RSI is very oversold both on daily and weekly timeframe.
-We have a gap which most likely will get filled. After filling the gap, we expect the price to come back down.
-The price dropped 75 % from its ATH. Many investors bought meta stock to ride the bounce.
META reached our target. What's next?Over a month ago (November 10) we posted our outlook on the Meta Platforms Inc (META) following the cutting of 11k jobs (also feature on the Editor's Pick):
As you see our target has been hit as the price rose and reached the top of the Channel Down pattern that the stock has been trading in since February. The buy signals at the time were obvious as the 1D RSI bounced on the Oversold Zone as it did back in late February/ early March. The question is what happens now?
Well we will not diverge from our usual pattern break-out strategies. Right now the stock is on sell levels, being that close to the top (Lower Highs) trend-line of the Channel Down as well as having hit the RSI's Resistance Zone (red). As you see, this is the zone where since November 15 2021 (i.e. more than a year) forms all the Lower High rejections on META. For as long as this holds, we expect the price to hit 89.25 (January 20 2016 Low) and the 72.10 (August 25 2015 Low).
On the other hand, we will buy if the price breaks above the 1D MA100 (green trend-line), which has been unbroken since December 30 2021, and target the 1D MA200 (orange trend-line). A candle closing above the 1D MA200 (preferably on the weekly scale), should be enough to confirm META turning bullish on the long-term.
-------------------------------------------------------------------------------
** Please LIKE 👍, SUBSCRIBE ✅, 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 me, keep the content here free and allow the idea to reach as many people as possible. **
-------------------------------------------------------------------------------
You may also TELL ME 🙋♀️🙋♂️ in the comments section which symbol you want me to analyze next and on which time-frame. The one with the most posts will be published tomorrow! 👏🎁
-------------------------------------------------------------------------------
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
Meta Platforms Analysis 13.12.2022Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities.
If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
I will personally reply to every single comment!
If you enjoyed this analysis, I would definitely appreciate it, if you smash that like button and maybe consider following my channel.
Thank you for watching and I will see you tomorrow!
META Can cutting 11000 jobs reverse the bearish outlook alone?The news of a 11k jobs cut had an immediate bullish impact on the Meta Platforms Inc (META) stock, helping it break above the 100.00 barrier again. Today's much lower than expected CPI number is also adding fuel on this rally but can those alone push the price out of the death spiral it has been since January in particular?
Well technically the November 03 drop made a Lower Low on the Channel Down pattern that Meta has been trading in since the February 03 collapse. Taking also into account the massive rebound below the 30.000 1D RSI oversold zone, the price can target the 1D MA50 (blue trend-line) by the end of this month. Beyond that, only a closing above the 1D MA100 (green trend-line), which is unbroken since December 30 2021, can turn the trend bullish.
As you see, the November 03 bottom was made on the January 20 2016 Low (89.25). The next Support is the August 25 2015 Low of 72.10, so we will be ready to short this and if broken then 60.00.
-------------------------------------------------------------------------------
** Please LIKE 👍, SUBSCRIBE ✅, 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 me, keep the content here free and allow the idea to reach as many people as possible. **
-------------------------------------------------------------------------------
You may also TELL ME 🙋♀️🙋♂️ in the comments section which symbol you want me to analyze next and on which time-frame. The one with the most posts will be published tomorrow! 👏🎁
-------------------------------------------------------------------------------
👇 👇 👇 👇 👇 👇
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
Meta - Meta Platform joins the party! Yesterday, the price of Meta platform stock crashed nearly 20% after the close when the company reported its earnings for the third quarter of 2022. With its abysmal report, Meta joined the party of underperforming companies in the current earning season. Revenue was down 4% from a year earlier, while costs and expenses rose 19%.
Revenue = 27.71 billion USD (-4% YoY)
Costs and expenses = 22.05 billion USD (+19% YoY)
Revenue from the family of apps, including Facebook, Instagram, Messenger, Whatsapp, etc., decreased approximately 3.6%, while revenue from the reality labs fell by about 49%. That is no surprise to us since we warned about the earning season for the third quarter being weak. Indeed, we stated that downgrades in outlooks and misses in estimates would reinforce our thesis about the market progressing into the second phase of the bear market. With that being said, we believe Meta platforms Inc. still has a long way to go before reversing its primary trend to the upside.
Illustration 1.01
Illustration 1.01 shows the daily chart of the Meta Platforms stock. The red arrow shows the price drop after the company published its earnings for the 3rd quarter of 2022.
Technical analysis - daily time frame
RSI, MACD, Stochastic, DM+, and DM- are bearish. Overall, the daily time frame is bearish.
Illustration 1.02
The image above shows the resemblance between the current and previous earning seasons.
Technical analysis - weekly time frame
RSI, MACD, Stochastic, DM+, and DM- are all bearish. Overall, the weekly time frame is bearish.
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.
META Meta Platforms Options Ahead Of EarningsIf you haven`t sold META last year:
Or at least when it approached our Buy area:
Then you should know that looking at the META Meta Platforms options chain, i would buy the $135 strike price Calls with
2022-11-11 expiration date for about
$6.75 premium.
Looking forward to read your opinion about it.
META Important Milestone!As you know, I am a long term investor. Thus, I usually buy stocks for the long term, and never short any equities due to shorting's unlimited risk. With a P/E ratio of 10, it would be reasonable to think that META is a good bargain considering its status as a social media giant. However:
1. META's Userbase is declining, something never seen before in the history of the company.
2. Competition like Google's Youtube and ByteDance's Tiktok is catching up and overtaking META
3. New Apple (AAPL) IOS changes, which made META's data collection process much harder, has and will adversely affect its ad revenue (which is 98+% of its total revenue)
---------- Specifically, the IOS change requires META to get the user's permission to collect data for Ads. Until now, data shows that only 33% of users allow META to collect their data for more personalized ads. I think you can see how this affects Ad revenue.
Thus, the "metaverse" is the only thing that may/may not save META from its inevitable doom. However, that means that:
1. The metaverse needs to develop in the years ahead, and not just stay at a gaming level
2. META must have enough cash to fund research into the metaverse
3. It must dominate the metaverse industry
Although I personally think that META is a lost cause, I choose not to label this as "#METAshort" because I think all investor have their own opinions. Here are some good points about META:
1. 10 P/E ratio (lower than S&P 500 average
2. META's adaptability
3. Technicals? (Not seen yet)
I choose to write this now because META's Q3 results are tomorrow and are key to how META's stock and the metaverse will develop in the future.
Anyway, thats all for my idea. Please leave a comment and boost this idea so it can go out to other investors! 😊
P.S. Someone give me coins :)
META staging a short-term rally. Long-term levels to consider.Meta Platforms (META) are on a three day bullish streak following favorable group fundamentals and is rebounding off the bottom (Lower Lows trend-line) of the Falling Wedge pattern it has been trading in since February price collapse.
The short-term target is technically the 1D MA50 (blue trend-line), which is just below the top (Lower Highs trend-line) of the Falling Wedge. We may also see a slight break-out as the Bullish Divergence spotted on the 1D RSI was last seen on the March 14 Low and a +27.50% rebound followed. If this is replication, the price can reach roughly 157.00, which is where the 1D MA100 (green trend-line) is currently sitting. That is the medium-term Resistance as it has been unbroken since December 30 2021, so basically for the whole 2022. A break above it would target the 1D MA200 (orange trend-line), which is the barrier that distinguishes the bearish from the bullish trend long-term.
On the flip-side, if META closes below the bottom (Lower Lows trend-line) of the Falling Wedge, expect a sharp drop to the 1.5 Fibonacci extension (92.70).
-------------------------------------------------------------------------------
** Please LIKE 👍, SUBSCRIBE ✅, 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 me, keep the content here free and allow the idea to reach as many people as possible. **
-------------------------------------------------------------------------------
You may also TELL ME 🙋♀️🙋♂️ in the comments section which symbol you want me to analyze next and on which time-frame. The one with the most posts will be published tomorrow! 👏🎁
-------------------------------------------------------------------------------
👇 👇 👇 👇 👇 👇
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
META Buy signal within the Falling Wedge.The Meta Platforms (META) have been trading within a Falling Wedge pattern since the April 05 High. After that we've had two Lower Lows and two Lower Highs. On Tuesday the stock came to its closest to the Lower Lows trend-line since June 23. As the 1D RSI breached the 30.000 oversold barrier, we have a strong short-term buy signal in our hands, targeting the 1D MA50 (blue trend-line) and the top of the Falling Wedge.
* A break above the 1D MA100 (green trend-line), which has been untouched since December 30 2021, can extend the uptrend on the medium-term towards the 1D MA200 (orange trend-line).
* A break above the 1D MA200, which has been untouched since January 06 2022, can be enough to restore the bullish trend on the long-term.
* A break below the Falling Wedge, can accelerate the selling targeting the 1.5 Fibonacci extension.
-------------------------------------------------------------------------------
** Please LIKE 👍, SUBSCRIBE ✅, 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 me, keep the content here free and allow the idea to reach as many people as possible. **
-------------------------------------------------------------------------------
You may also TELL ME 🙋♀️🙋♂️ in the comments section which symbol you want me to analyze next and on which time-frame. The one with the most posts will be published tomorrow! 👏🎁
-------------------------------------------------------------------------------
👇 👇 👇 👇 👇 👇
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
Meta Platforms (NASDAQ: $META) Seeing Massive Bullish DivergenceMeta Platforms, Inc. develops products that enable people to connect and share with friends and family through mobile devices, personal computers, virtual reality headsets, wearables, and in-home devices worldwide. It operates in two segments, Family of Apps and Reality Labs. The Family of Apps segment's products include Facebook, which enables people to share, discover, and connect with interests; Instagram, a community for sharing photos, videos, and private messages, as well as feed, stories, reels, video, live, and shops; Messenger, a messaging application for people to connect with friends, family, groups, and businesses across platforms and devices through chat, audio and video calls, and rooms; and WhatsApp, a messaging application that is used by people and businesses to communicate and transact privately. The Reality Labs segment provides augmented and virtual reality related products comprising virtual reality hardware, software, and content that help people feel connected, anytime, and anywhere. The company was formerly known as Facebook, Inc. and changed its name to Meta Platforms, Inc. in October 2021. Meta Platforms, Inc. was incorporated in 2004 and is headquartered in Menlo Park, California.
Meta Platforms (Road Map)!!!🗺️Today, I want to analyze the Meta Platforms.
What are Meta Platforms ❓
Meta Platforms, Inc., doing business as Meta and formerly named Facebook, Inc., and TheFacebook, Inc., is an American multinational technology conglomerate based in Menlo Park, California. The company owns Facebook, Instagram, and WhatsApp, among other products and services.
Meta Platforms are close to the end of main wave A.
I expect Meta Platforms to grow up around the support zone (for the short term).
Meta Platforms Analyze Daily Timeframe (Log Scale /Heikin Ashi)⏰
🟢Support zone🟢: 149$ until 137$
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.
Meta Platforms | Fundamental Analysis | MUST READ | SHORT Meta Platforms, the tech giant formerly known as Facebook, has lost more than 50% of its market value this year as investors have been concerned about its slowing growth and polar plans. The broader sell-off in the tech sector, which was largely driven by rising interest rates and other macroeconomic factors, has only exacerbated the problem.
But did investors overreact by prematurely dumping Meta stock, which is still about 330% above its initial public offering price a decade ago? Let's look at a few reasons to buy Meta - and one reason to sell - to find out.
The company's advertising business may stabilize shortly
Meta gets almost all of its revenue from the advertising business, which it almost duopolizes with Alphabet's Google in the U.S. and other major markets.
In 2021, Meta's revenue rose 37% to $118 billion, but in the first quarter of 2022, it rose just 7% year over year to $27.9 billion. The company expects this slowdown to continue, and revenue to remain nearly flat in the second quarter.
Meta attributes this gloomy outlook mainly to Apple's privacy update on iOS, which has reduced the effectiveness of Meta's targeted advertising; strong competition from ByteDance's TikTok; slowing growth in Europe amid the war in Ukraine, and unfavorable foreign exchange rates.
These issues seem complicated, but Piper Sandler analyst Thomas Champion said he believes Apple took a more "accommodating" stance toward advertisers during the World Wide Developers Conference (WWDC) in early June. Champion noted that Apple has not tightened its privacy standards again and has even made a few changes to its SKAdNetwork that could open up new advertising opportunities for Meta.
Citi analyst Ronald Josi, who reiterated Meta's "buy" rating in early June with a $300 price target, said he also believes ad revenue growth will accelerate again in the second half of 2022 when near-term adversity eases. If that happens, Meta could finally dispel bearish fears about Apple and ByteDance and reassure investors that its advertising business could survive a potential recession.
The slowdown may be temporary
As Meta's revenue growth has stalled, the company has increased spending on new short videos for Facebook and Instagram, which could eventually expand its moat against TikTok, as well as on its loss-making Reality Labs segment, which makes virtual reality (VR) and augmented reality (AR) devices.
The combination of slowing sales and rising costs spooked investors, and the bears were convinced that Meta's days of high growth were over. As a result, analysts expect Meta's revenue to grow only 7% this year and earnings per share (EPS) to decline 14%. But if we look beyond 2022, Wall Street's expectations for the next two years are still quite optimistic.
We have to take these long-term estimates with a grain of salt, but they strongly suggest that Meta will be able to continue to monetize its core family of apps (Facebook, Messenger, Instagram, and WhatsApp) with new features. Meta served 3.64 billion active users in the last quarter, and this huge audience should remain a profitable target for advertisers.
Low expectations and low valuation
Meta trades at 14 times earnings estimates, making it the cheapest FAANG stock. This low ratio indicates that investors are not too confident in Meta's ability to overcome its recent problems.
However, market expectations for Meta are so low right now that any positive developments - including stabilization of the advertising business, tighter spending measures in the Reality Labs division, lower inflation, or other positive macroeconomic developments - are likely to drive the company's stock higher.
So it might make sense to just buy Meta as a value play rather than betting on more speculative technology stocks.
Meta's advertising business may have overcome the recent downturn, but the company still faces unresolved antitrust and privacy issues in the U.S., U.K., and Europe, as well as calls to spin off Instagram and WhatsApp into separate companies.
Sheryl Sandberg, Meta's longtime chief operating officer, who led the tech giant through many of these difficult times, also recently resigned, to be replaced by the company's chief development officer, Javier Olivan. It's unclear whether Olivan will be able to successfully confront all of these regulatory challenges, many of which could disrupt or stall the long-term growth of Meta's advertising business.
Obviously, Meta will face many obstacles shortly, but it is unlikely that its core platforms will ever disappear, like Myspace or Friendster. Its apps are still used monthly by nearly half the world's population. And the company still had $43.9 billion in cash and marketable securities last quarter, giving it plenty of room for new investments and acquisitions.
Simply put, Meta's strengths easily outweigh its weaknesses. Its stock isn't going to take off anytime soon, but the downside potential at these prices is pretty limited. Once the company's advertising business recovers, it could command a much higher valuation and bring impressive returns to patient investors.
Meta Platforms will be BACK!The statistics are between $238 - $295(1 Year)
Why not wait, because we know it will be back as it is a powerful & interesting company.
They are progressing with a whole new age of tech adoption, involving high take-up of its VR headsets,
as well as the AR glasses product.
Once it launches its new products it will create a big Wave and a Higher High for sure.
Around $500
Meta Platforms (NASDAQ: $FB) COO Resigns & Signals Bullish Move!Meta Platforms, Inc. develops products that enable people to connect and share with friends and family through mobile devices, personal computers, virtual reality headsets, wearables, and in-home devices worldwide. It operates in two segments, Family of Apps and Reality Labs. The Family of Apps segment's products include Facebook, which enables people to share, discover, and connect with interests; Instagram, a community for sharing photos, videos, and private messages, as well as feed, stories, reels, video, live, and shops; Messenger, a messaging application for people to connect with friends, family, groups, and businesses across platforms and devices through chat, audio and video calls, and rooms; and WhatsApp, a messaging application that is used by people and businesses to communicate and transact privately. The Reality Labs segment provides augmented and virtual reality related products comprising virtual reality hardware, software, and content that help people feel connected, anytime, and anywhere. The company was formerly known as Facebook, Inc. and changed its name to Meta Platforms, Inc. in October 2021. Meta Platforms, Inc. was incorporated in 2004 and is headquartered in Menlo Park, California.