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META (1W) - Short term Correction UPwards. Wave B coming ? Heloo Traders and all kinds of Speculators :), Today i got interested into META ( Facebook) which lost around 65% from its ATH. You can see that chart forms something similar to Falling wedge or Ending diagonal within wave (v) of A. If so, we could reach a support ideally at 125usd. (or range between 130-110usd). From where corrective wave UP could begin. With possibility to gain +50 to +75%. Sell zone is between 190-230 USD. For such move the entire market should enter another bear market rally and a lot of Positive news (Temporarily). At price around 125USD ... the P/E Ratio will be 10,5 which is very tempting for company like Facebook. Consider your Risk : Reward ratio. Hopefully no Long-term investor will take this chart too serious for some significant position. (It could be but i think another wave C will come)... Take care and trade safe. ;)
NASDAQ:METALong
by Longevity_Contrarian
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! 👏🎁 ------------------------------------------------------------------------------- 👇 👇 👇 👇 👇 👇 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
NASDAQ:METALong
by TradingShot
2
META Growth is Building Global Expansion and Adoption.META is down 64.50% from it's All Time Highs and reaching an area where we like the potential for some basing price action. We could get a spike well into our Target areas of 142.32 with some profit taking and another chance of potentially retracing to our 139.11 for developing into the counter trend Day 1 reversal and confirmation. At our Firm, we've adopted the metaverse and virtual world with complements into our AI framework. Another to watch with META is RBLX. I've been watching SPX and SPY (charts below) and have been nibbling on Semiconductor stocks. There is going to be upward 'back-filling' in that direction.
NASDAQ:METALong
by bsdvs23
$META Wyckoff Accumulation - Panic Selling - FACEBOOK BULLISHMeta - Facebook Chart resembling a Wyckoffian pattern - occurs in accumulation phase. You can see Facebook has had a big downfall from its top in September 2021. We can view the selling climax, preliminary support, and the secondary test - this particular pattern has a spring currently (panic selling) (breakdown of continuation). This is NOT the last line of defense for META, it can absolutely drop down - there is huge support at $139 - which would tap the lower trend of the falling wedge (marked in light grey trendlines). HOWEVER!!!!! -- check out the descending channel within the falling wedge - (descending channel is marked in green and highlights the Wyckoff Schematic ) and it seems to have found support at the 'spring' - bottom of the trend. This is generally a bullish pattern. To the left we can see a huge capitulation volume bar from February 2022 and the price as been descending all summer - selling volume is also in decline which is bullish. This is not financial advice but this is my take on $META
NASDAQ:METALong
by ChaldeaCode
5
META (NASDAQ:META) Doubts at fair valueHaving some doubts looking for facebook and metaverse in the short-mid term. I cannot rely on my opinions and I estimate fair value at $158 with my algorithms running on fundamental data and forecast earnings. Mr Market and the chart have the last word. Watching actual price is at my forecast fair value, also at a strong trendline (weekly chart) and at 0.618 Fibonacci Level. This is not enough to buy now. Waiting signals on volume still missing and I want to see a strong rebouncing and accumulation. If a breakdown will occur below the trendline and 0.618 level, my buy value will be close to $128 that is my estimate fair value less my margin of security (15-20%)
NASDAQ:META
by giancarlopagliaroli
1
XAUUSD Weekly Chart : 09.01.22In this chart, after a few weeks, we will check the weekly chart, we had identified two important levels on the chart and we expected the price to reach those levels and show a reaction, one was the range of $1783 to $1806 and the other $1824! Well, we saw that after the growth of 1200 pips, the price finally reacted to the first level and is falling from there until now, we have to see if the range of $1681 to $1694 can stop the price from falling further or not! If this important Bullish Order Block cannot stop the price from falling, we can expect the price to reach the target of $1678! Follow us for more analysis & Feel free to ask any questions you have, we are here to help. ⚠️ This Analysis will be updated ... 👤 Arman Shaban : @ArmanShabanTrading 📅 09.01.2022 ⚠️(DYOR) ❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
FOREXCOM:XAUUSD
by ArmanShabanTrading
12
$META FACEBOOK Falling Wedge on weekly, will it HOLD SUPPORT?META has a falling wedge on the weekly timeframe with support at the $155-$160 Levels, these levels would be perfect for accumulating a swing trade. Holding those support levels during this $SPY correction period is crucial for this pattern. Losing those support levels would be bearish scenario and would invalidate this falling wedge pattern. FACEBOOK's measured TARGET on the falling wedge lies at $226. A possible big announcement is in the cards for META FACEBOOK if it maintains the expected levels. SPY has had a fire rally the past month so it is not surprise that its spent the past 3 days cooling off, Jackson Hole conference is this Friday, if we don't get a bounce before, we could expect a small bounce on the day of the event as most tickers are hitting oversold territory on the smaller time frames.
NASDAQ:METALong
by ChaldeaCode
3
Meta – Is it Finally Time to Buy?If you like this idea don’t forget to BOOST it. Fundamental Indicators: Sector – Communication Services US Business Cycle Stage – late cycle, when this sector is neutral Revenue – consistent growth for the past 10 years, 25% average annual growth rate for the past 5 years but with a considerable slowdown in 2022 TTM Profits – dropping in 2022 TTM Net margin – impressive 28% but reduced from previous 30-40% levels P/E – already acceptable with 14 ratio compared to S&P500 with 21 and Communication Services sector 17 Liabilities - debt ratio is at 0.26 which is within normal limits, Net Debt/ EBITDA is negative – no problems with debt Conclusion – although still good financial performance the latest reports are showing slowdown in user base and ad revenue growth, as well as high CAPEX investments into new platform Metaverse – all indicating that there are no positive signs for the new growth cycle yet, but given low PE it is likely to have another mid-term rally (see below scenarios) Technical Analysis (Elliott Waves): Main scenario of this idea suggests that the peak of August 2021 saw completion of the first global wave, and we are currently observing formation of wave 2 (see higher timeframe graph) The sharp fall from historic high is likely to be the first leg of the overall correction in wave 2 and is shaped by ABC zigzag Wave A and B have been fully completed and wave C is also near completion with an Ending Diagonal in wave 5 (see guidelines for Ending Diagonals below) Once the current low of $154.25 is slightly pierced by the final zigzag of wave 5 we are likely to see a rally to the upside, possible scenarios are depicted below This is a higher timeframe to reflect the full history of Meta and to provide full wave count: This is the link to the guidelines for Ending Diagonals What do you think about Meta and its short term prospects? Also let me know if you would like to see other stocks, indices, Forex or Crypto analysed using Elliott Waves. And BOOST this idea if you like it. Thanks
NASDAQ:METALong
by vitalalyt
2
$META: WATCH OUT BELOW! BEARS COMING🔸️Ticker Symbol: META 🔸️Timeframe: 4 Hour 🔸️3X Bear Pattern 🔸️Investment Strategy: Short TECHNICAL ANALYSIS: $META is currently in a bear regression trend channel to the downside. When we are trading in this trend, I like to look for areas where we could see a push lower to capitalize on price action. Along with being in a bear trend we also have our white line "money movement" shifting out of the market in conjunction with a red dot meaning a "key EMA crossover" on our dashboard below. If we continue in this pattern, I do believe we could see a test of approx. $169 4X 🟢 Bull Pattern Confirmation Requirements ✅️ Linear Regression Indicator Increasing ✅️ Money Momentum Shifting Higher ✅️ Green Dot: Key EMA Crossover to Upside ✅️ Green Middle Band: Bull Market Momentum 4X 🔴 Bear Pattern Confirmation Requirements 🔻 Linear Regression Indicator Declining 🔻 Money Momentum Shifting Lower 🔻 Red Dot: Key EMA Crossover to the Downside 🔻 Red Middle Band: Bear Market Momentum 🔔 Follow for daily stock, crypto and forex technical analysis. ⚠️ Trading is risky, and I understand nothing is guaranteed. Proper risk management should be in place at all times to minimize losses. Please consult a financial advisor before trading. All Inclusive Trading LLC is not a financial advisor and may not be held liable for any losses which may occur.
NASDAQ:METAShort
by TrendsiTrades
1