pt 2 NVDA AAPL MSFT AMZN GOOGL META TSLA Price Forecastpart 2 NVDA AAPL MSFT AMZN GOOGL META TSLA Price Forecast support and resistance guide Long02:37by ArcadiaTrading2
TAke profits from longs on Meta Sure, here's the analysis of Meta (formerly known as Facebook) based on the information you provided: Stock Performance: Meta has recently experienced a stock price increase of over 160%. This is a significant rise and may indicate that investors were enthusiastic, and the stock's performance exceeded typical expectations. This is an important factor that can impact the future stock price. Overbought Zone: Your mention of a mildly overbought condition on the weekly chart is important. The Relative Strength Index (RSI) is a useful indicator for identifying overbought or oversold conditions in the market. If RSI reaches values above 70, it can signify that the stock is overbought and may be due for a correction. Bearish RSI Divergence: The formation of a bearish RSI divergence on the daily chart is a crucial signal. A bearish divergence suggests that the strength of the uptrend is weakening and could be the beginning of a reversal. This is an important signal for technical analysts, indicating a potential price decline in the future. Profit-Taking: Meta has seen substantial growth since its last decline. When investors witness such significant growth, they may be inclined to start taking profits. This can lead to increased selling of shares and a decline in the stock price. Based on this information, it might be expected that the price of Meta's stock could decline in the near future. However, it's important to note that financial markets are unpredictable and can be influenced by many other factors, including news, geopolitical events, and market trends. It's important to consider that investing based on technical analysis is just one of many approaches to investing. Before making any investment decisions, it's advisable to consult with a financial advisor and consider all available information about the company and the market.Shortby RC_CRYPTO_SURFER3
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. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇Longby TradingShot16
META - The selling Pressure is Not Over Yet.I'm not in META, just reading the chart and all the signals for support and several Sell Signals clearly visable in Advance. For those of you caught off guard consider what you see here for future reference. The chart was breaking down well in advance including that the stock has been Far Above both the 50 and 200 day EMA's that realistically has not been sustainable any longer. It also would not surprise me if META were to fall all the way back down to the 200 day EMA altogether at approximately $261.00. My other comments are built directly into the chart.by grahammk4
META daily cup with handle rejected breakout?There seems to be a large cup with handle formation over most of 2023 in META on the daily. After the completion there was a small handle formed and then a breakout of the top of the cup formation but this was a false breakout. Could this big, bullish pattern underperform and instead be a signal for lower prices on the horizon? Or might this breakdown be short lived and we will see a second breakout? The trading volume isn't particularly promising as it was lower during the second half of the cup.by wuliwong1
META: SHARK detected.META: SHARK detected. The numbers were good, but the interpretation of the numbers is wrong. The “Christmas Rally is coming soon?? In any case, technically we should go back to the bull market. To watch:EMA.50 ($310) and 200 ($290), and LEVELS : Ichimoku, Bollinger, Fibonacci. Happy trading to all.Longby Le-Loup-de-Zurich2
$META Analysis, Key Levels & Targets - Post EarningsNASDAQ:META Analysis, Key Levels & Targets What are some realistic Targets for Meta based on earnings and the past rally, the loss of volume mid year and future economic concerns?? Well….. Any of these targets could be great places to add… but I am looking towards targets 3 & 4… once we get there I will reassess… Shortby SPYder_QQQueen_Trading3311
Meta's earnings are the best in 10 years! 26/10/2023Meta Platforms Inc. reported record quarterly revenue growth over the past ten years since the company went public. Revenue amounted to 34.15 billion USD (a relative increase of 23%), and net profit reached 11.58 billion USD (a relative increase of 164%). The main reasons for such outstanding results were the increase in demand for advertising and the reduction in costs for the development of artificial intelligence technologies. If we take as a basis the analysts' forecast of 13.06% for META's revenue growth in the next four quarters, then relative to the P/S (capitalisation/revenue) multiplier, the fair price of the company's shares could reach 491.70 USD. Therefore, today, we focus on the Meta Platforms Inc. (NASDAQ: META) stock chart. On the D1 timeframe, support has formed at 299.50, with resistance at 328.84. META's shares are becoming cheaper due to a negative market background. However, if quotes consolidate above 306.47, the trend may change. On the H1 timeframe, after the level at 301.56 is broken through, there is a chance that the new upward movement starts. In the medium term, the target for the price increase can be around 328.84. — Ideas and other content presented on this page should not be considered as guidance for trading or an investment advice. RoboMarkets bears no responsibility for trading results based on trading opinions described in these analytical reviews. The material presented and the information contained herein is for information purposes only and in no way should be considered as the provision of investment advice for the purposes of Investment Firms Law L. 87(I)/2017 of the Republic of Cyprus or any other form of personal advice or recommendation, which relates to certain types of transactions with certain types of financial instruments. Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67.85% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.by RoboMarkets0
MetaPrice at 287 price action support.. I'm looking for a bounce here and a move up in the next week back to close this gap or test white trend line resistance Long over 287 Stop loss 284.00 Target 300.00 If we break 284 then meta is headed to 276Longby ContraryTrader10
Despite Strong Report, META Shares Fall 3%Like Google, META demonstrated that the price can fall if the quarterly report is better than expected: → Earnings per share: actual = USD 4.39, expectation = USD 3.63. → Revenue: actual = USD 34.15 billion, expectations = USD 33.56 billion → Number of daily active users: fact = 2.09 billion, expectation = 2.07 billion according to StreetAccount. META's share price initially rose in post-market trading but then reversed course and fell more than 3% following cautionary comments from CFO Susan Lee about the impact of military conflict in the Middle East on the advertising market. Thus, the META stock price may have received a bullish boost from the psychological level of USD 300, but it is possible that it will receive a bearish one because the opening price on Thursday could be around USD 290. In the analysis of the META share price on October 3, we paid attention to the candle from July 27, when the high of the year was formed — then, extremely high volumes were recorded on the NASDAQ exchange. They can be interpreted as the desire of large players to fix profits from long positions. Since then, the price has updated its high of the year around the USD 325 level, but this update turned into a classic bear trap. Thus, a large-scale double top pattern has formed on the chart, which will most likely lead to a bearish breakout of the ascending channel (shown in blue). When a breakout occurs, a gap will likely form, which can serve as resistance. The bulls may be given hope by the level of USD 175 per share, which previously supported META shares. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.by FXOpen11
#META looking rather precarious. META released a decent set of results last night, but trade action post market is very weak which makes me think there is a scenario where it could be headed as low as R240 to meet the Rising 200wma and previouys level of support at approx R245.00. Stock recently made a new high which was not confirmed by the RSI forming a lower high (bearish divergence). I would becareful of buying this thing too soon as i think further weakness is most likely on the horizon in the metaverse! Shortby MarcoOlevano2
META earnings todayMETA earnings today, Wednesday 10/25, at 4:05pm. Meta Platforms (META) reported earnings of 3.23 per share on revenue of 32 billion for the second quarter ending June 2023. The consensus earnings estimate was 2.87 per share on revenue of 31.06 billion. The company beat expectations by 6.95% while revenue grew 11.02% on a year-over-year basis. The company said it expects third quarter revenue of 32 billion to 34.5 billion. Q3 September 2023 Consensus: EPS = 3.62 Revenue: 33.52B Moving averages: VWMA 50 = 303 VWMA100 = 299 VWMA200 = 239 TTCATR20: R3 = 340 SMA20 = 313 S3 = 285 Options data: 10/27 expiry Put Volume Total 37,706 Call Volume Total 61,969 Put/Call Volume Ratio 0.61 Put Open Interest Total 94,431 Call Open Interest Total 128,775 Put/Call Open Interest Ratio 0.73 11/3 expiry Put Volume Total 7,852 Call Volume Total 16,607 Put/Call Volume Ratio 0.47 Put Open Interest Total 21,300 Call Open Interest Total 27,187 Put/Call Open Interest Ratio 0.78 11/10 expiry Put Volume Total 1,606 Call Volume Total 2,716 Put/Call Volume Ratio 0.59 Put Open Interest Total 8,067 Call Open Interest Total 7,531 Put/Call Open Interest Ratio 1.07 11/17 expiry Put Volume Total 8,158 Call Volume Total 15,085 Put/Call Volume Ratio 0.54 Put Open Interest Total 207,575 Call Open Interest Total 245,615 Put/Call Open Interest Ratio 0.85 1/19/2024 LEAPS Put Volume Total 9,533 Call Volume Total 12,634 Put/Call Volume Ratio 0.75 Put Open Interest Total 390,266 Call Open Interest Total 610,932 Put/Call Open Interest Ratio 0.64 by Options360Updated 220
$META Implied Move for Earnings... NASDAQ:META Earnings Implied Move So Meta’s Implied move for earnings is between 287.50 and 340… 28 dollars in each direction. And if you are wondering, the implied move is calculated using options... I did a volume analysis for the year and I feel like I’m going to play downside for earnings tomorrow… This is not an in depth analysis, just the implied move for record. Happy trading, y’all…. Shortby SPYder_QQQueen_Trading7715
META | Day trading | 10-24-2023NASDAQ:META Trend & Moving Averages: The stock has been in a clear downtrend for the majority of the visible period, as demonstrated by the lower highs and lower lows. The stock price has been consistently trading below the orange and blue moving averages, reaffirming the bearish sentiment. More recently, there seems to be an attempt at a reversal as the stock begins to trade above the moving averages and shows a pattern of higher highs and higher lows. Support & Resistance Levels: Bearish Line at 312.90 USD: This line seems to act as a recent support, where the price has bounced from it before. If the stock breaches this level going downward, it might continue its bearish trend. Bullish Line at 317.36 USD: This is a significant resistance level where the price has struggled to break above. Target Price 1 at 307.69 USD: This is the next significant support level below the bearish line, where the price might aim if it continues the bearish movement. Target Price 2 at 321.15 USD: This is the next resistance level above the bullish line. Breaking above this level could further solidify a bullish trend. Volume: The trading volume is shown at the bottom of the chart. Notably, there seems to be a spike in volume during the bullish movement, suggesting increased buying interest. Potential Reversal: As the stock price begins to trade above the moving averages and starts forming higher highs and higher lows, this could be indicative of a potential trend reversal from bearish to bullish. However, it's crucial to monitor if the stock can maintain its position above the moving averages and break above the resistance levels to confirm this. Ichimoku Cloud: The stock is currently trading below the shaded area, which is typically seen as a bearish sign. However, it is inching closer to the cloud, suggesting potential bullish momentum if it can break and maintain above it. To summarize, while the stock has shown a bearish trend for the majority of the visible period, there are recent signs of potential bullish momentum.by shkspr117
META: Buy on the Channel's bottom.Meta is having a strong turnaround day after 7 sessions of decline inside the two month Channel Up. The 1D technical outlook is neutral (RSI = 53.876, MACD = 3.900, ADX = 28.237) and as the RSI S1 (46.50) is holding, today is a strong buy opportunity to target the Channel's top (TP = 345.00). If it drops more, we will make one last buy attempt at the bottom of the Channel Up, marginally over the 1D MA100. See how well our prior idea has worked: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##Longby InvestingScope115
meta sell trade- A dark cloud cover (red oval) on October 5, which indicated that the sellers were gaining control after a gap up opening⁷. - A shooting star (red arrow) on October 11, which signaled a rejection of higher prices and a potential top reversal⁷. - A bearish engulfing (red oval) on October 18, which confirmed the downtrend and the loss of momentum⁷. The stock also broke below the 50-day moving average (blue line) on October 19, which acted as a support level in the previous uptrend. This was a bearish crossover that suggested a change in the trend direction . The 50-day moving average is now acting as a resistance level, as the stock failed to close above it on October 20 and 21. The stock is currently trading near the 200-day moving average (red line), which is another important support level. If the stock breaks below this level, it could trigger more selling pressure and a further decline. The next support levels are at $250 and $200, which are the previous lows in June and February 2023. The stock is also forming a bearish flag pattern (green lines), which is a continuation pattern that indicates a pause in the downtrend before another drop⁹. The flagpole is formed by the sharp decline from $330.54 to $306.47, and the flag is formed by the consolidation between two parallel trend lines in an uptrend. A break of the lower trend line would signal the activation of the pattern and a target of $282.40, which is calculated by subtracting the length of the flagpole from the breakout point⁹. Therefore, based on these technical indicators, the outlook for META is bearish and the stock could face more downside risks in the near future. However, this analysis is not a recommendation to buy or sell any securities, and investors should do their own research and due diligence before making any trading decisions. (1) What Is a Head and Shoulders Chart Pattern in Technical Analysis?. www.investopedia.com (2) Technical Analysis of Stocks & Securities | CFA Institute. www.cfainstitute.org (3) Learn About Bear Flag Candlestick Pattern | ThinkMarkets | EN. www.thinkmarkets.com (4) Meta Platforms Inc. bing.com (5) META Stock Price Predictions: What Can Investors Expect in 2024?. www.msn.com (6) Want to Buy Meta Platforms Stock? Be Prepared for a Bumpy Ride. www.msn.com (7) Meta, Amazon Earnings Put Stock Market to the Test. www.msn.com (8) Meta Platforms, Inc. (META) Stock Price, News, Quote & History - Yahoo .... finance.yahoo.com (9) Meta Platforms Inc (META) Stock Price & News - Google Finance. www.google.com (10) Candlestick Bearish Reversal Patterns - StockCharts.com. school.stockcharts.com (11) Candlestick Basics: All the Patterns to Master Before Your Next Trade. commodity.comShortby Mansa_Musa_Capital0
Want to Buy Meta Platforms Stock? Be Prepared for a Bumpy RideMeta Platforms generated good revenue growth last quarter, but its earnings are still down through through the first half of 2023. Meta Platforms (META -1.33%) has benefited from increased ad activity on its platform. The company has been delivering some improved growth numbers of late, and investors have become bullish on the tech stock this year. Shares of the company are up almost 160% year to date. But before you think about jumping on this bandwagon, you should prepare yourself for some volatility in the future. The metaverse will be a drag on earnings for years The big problem with Meta always leads back to the metaverse and its Reality Labs business. It doesn't generate much money, and it may never be a significant part of the company's operations. So far this year, the company's Family of Apps segment, which includes popular social media apps Facebook, Instagram, and WhatsApp, has generated over $60 billion in revenue. Reality Labs, by comparison, has brought in $616 million. That might seem reasonable for a new business, but consider that it has also incurred $7.7 billion of losses in the same period. Meanwhile, the Family of Apps business, which posted $24.4 billion in profit, has allowed Meta Platforms to remain in the black. But on a year-over-year basis, overall operating income of $16.6 billion is down 2%. And this is with the company's core business doing well. Should its core operations struggle, the bottom line could seriously falter. And investors shouldn't forget the company continually warns that operating losses from Reality Labs will "increase meaningfully year-over-year due to our ongoing product development efforts." Meta Platforms could make for a volatile investment If not for Reality Labs, Meta's business would be promising. But as long as that's going to be a key part of its growth strategy, investors should brace for volatility. Meta's growth rate jumped last quarter, but it still faces significant competition like TikTok. And if its Family of Apps business can't generate earnings growth at a faster rate than Reality Labs is incurring losses, the sell-off the stock saw in 2022 could return. Meta is a risky stock to be holding with its valuation at these levels. and it will require the company's Family of Apps business to be firing on all cylinders for it to continue to draw in growth investors. A big test will come later this month when the company reports its latest round of earningsby DEXWireNews222
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. Longby TopgOptions335
META BIAS DOWNSIDE with 3 Signal21st Oct 2023. Bias Meta on downside (after 25th Oct Earnings) TA Basis Resisted by 78.6% Forming Bearish Divergence (RSI) Weekly Candle show bearish EngulfingShortby probabilityta0
META to CRASH NEXT RUN DO NOT WALK TO THE EXIT Meta is the next one to collapse Based simple on RSI this stock bottomed within 3 of my target and has formed a classic 5 th wave blowoff be safe Wavetimerby wavetimer227
MetaPullback here after completing double bottom. Gap closed at 322 , mission accomplished! Look for a pullback to 310 before heading higher.. Mid support at 317. So your short targets would be 317 then 310.. Stop loss over 326.00Shortby ContraryTraderUpdated 101024
META has the potential for an EPIC failThe squeeze to the upside was phenomenal! But in my view, they over-pumped it - who ever it was... The white Center-Line provided good support when price failed at the GAP/Resistance Zone. this zone is built just with the range of the GAP-Bar. After the CL support, meta reached the another temporary high at the orange CL, bounce back to the white CL again and once more got pumped up to the orange CL/GAP/Resistance zone, where it hangs out now. Of course; If I had the money to move markets, I would want my Stock to be as high as possible to a) unload and b)short it for a Double-Whammy. The huge divergence with price and RSI speaks for it self. I know that I know NOTHING. But I know what I can "Project" into the future. It's good to be prepared, also for a move in the opposite direction, which is Up Up and away. That means, if I short, my risk is small. No need to be a Hero and win a T-Shirt for putting myself at risk to loose my House, Cats & Dogs. I am fully aware, that price is currently ABOVE the white CL and no lower low is broken yet. That's what makes a short so difficult. Peace4TheWorld!Shortby Tr8dingN3rd6