earnings are great ,but lets not forget -META is investing huge amounts of money in the metaverse and the AR glasses development -huge resources from the company are currently allocated to these 2 developments.
Trade setup:
Gap to be filled up till 310$.
Pending order entry at 310
Stop loss 315 - above candle body after gap is complete (5$ SL)
Take Profit 260 (the yellow gap is our target - not inside the gap on the upper border)=50$ profit
1 lot = 100 stocks // Leverage 1:10
entry 310 X 100 shares = 31,000$ / 10 leverage = 3100$ required margin
Take profit - 50$ X 100 shares = 5000$ profit
Stop loss -5$ X 100 shares = 500$
Risk / Reward = 500 / 5000 = 1/10 (!!!)
ROI = profit / required margin = 5000$ / 3100$ = 1.6 aka 160% return (!!!)
this is a high potential trade with a short SL and a pending order entry which allows us to modify and adjust the trade at real time
This is NOT an investment or financial advice! trading should be done only with money you can afford to lose ! We recommend practicing on a demo for several months before opening trades with real money.
Trade setup:
Gap to be filled up till 310$.
Pending order entry at 310
Stop loss 315 - above candle body after gap is complete (5$ SL)
Take Profit 260 (the yellow gap is our target - not inside the gap on the upper border)=50$ profit
1 lot = 100 stocks // Leverage 1:10
entry 310 X 100 shares = 31,000$ / 10 leverage = 3100$ required margin
Take profit - 50$ X 100 shares = 5000$ profit
Stop loss -5$ X 100 shares = 500$
Risk / Reward = 500 / 5000 = 1/10 (!!!)
ROI = profit / required margin = 5000$ / 3100$ = 1.6 aka 160% return (!!!)
this is a high potential trade with a short SL and a pending order entry which allows us to modify and adjust the trade at real time
This is NOT an investment or financial advice! trading should be done only with money you can afford to lose ! We recommend practicing on a demo for several months before opening trades with real money.
We are the traders union! we unite to fight together and help each other - we are FREE!
the service is completely free ! join us in the struggle
Available free education on our site :
fdgtacademy.com/
the service is completely free ! join us in the struggle
Available free education on our site :
fdgtacademy.com/
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
We are the traders union! we unite to fight together and help each other - we are FREE!
the service is completely free ! join us in the struggle
Available free education on our site :
fdgtacademy.com/
the service is completely free ! join us in the struggle
Available free education on our site :
fdgtacademy.com/
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.