$FB Primed to BounceFacebook $FB is fundamentally and technically undervalued relative to the market $QQQ, with a forward p/e of 20 it's cheap for a big growing tech stock. Today's price action formed a bullish hammer candle pattern with the price under the lower Buy Sell Band making for a good long entry. Range Strength indicates the price is non-trending and we're 7.71% below the 50 day MA giving us a good risk/reward for a mean reversion trade.
Meta Platforms | Fundamental Analysis |Long Setup|MUST READ 🔔Meta Platforms stock has declined markedly over the past few months. After popping a 52-week high of $384.33 three months ago, shares of this technology company have fallen more than 19%.
Meta stock appears to be cooling off after a victorious 2020 and further strong gains this summer. The stock is also likely affected by increased media and government scrutiny of the company, as well as recent iOS changes that have negatively impacted Facebook's ad measurement and tracking.
But despite the bearish trend and some negative headlines about the business in the media, parent company Facebook's core business is doing well. Given that business is doing well and the stock is falling, is this a good buying opportunity for investors? Or should investors wait for further stock declines before considering buying Meta stock?
To understand how staggering Facebook's momentum is, let's look at some key metrics from the company's Q3 earnings report. Revenues were up 35% during the reporting period, mainly due to a 33% year-over-year increase in advertising revenue, and the total number of unique daily active users across all of the company's platforms rose 11% year-over-year to 2.81 billion. The number of unique monthly active users across all platforms rose 12% to 3.58 billion.
For the fourth quarter, Facebook is forecasting revenues between $31.5 billion and $34 billion, reflecting a significant seasonal increase over third-quarter revenues of $29 billion. The midpoint of this forecast range means a 17% year-over-year increase. However, Facebook's forecasts tend to be fairly conservative, so actual growth over the period is likely to be higher.
Investors should also keep in mind Facebook's impressive cash generation. The company's free cash flow for the nine months was $25.9 billion, up from $13.8 billion last year and $15.8 billion in the same period two years ago. Facebook's 12-month free cash flow was $35.8 billion.
This strong cash generation has resulted in a huge inventory of cash, cash equivalents, and marketable securities totaling more than $58 billion. This strong position combined with active cash generation has allowed Meta to actively repurchase stock. In the third quarter alone, the company repurchased $14.4 billion worth of its stock and announced a $50 billion increase in share repurchase authorization during its third-quarter results presentation.
With such strong fundamentals, it's hard to believe that the technology company's stock is trading at just 22 times earnings today. That's even more surprising when you admit that Meta's current consensus analyst forecast for its bottom line assumes earnings per share growth averaging 21 percent year-over-year over the next five years. Investors should not let Meta's recent stock decline and conservative valuation fool them. It is still a growth stock and should be valued as a growth stock.
While there is no way of knowing if this is the low point for the stock, investors who bought the stock today will likely have good results over the next few years. While there are certainly risks for Meta Platforms, including the changing digital advertising landscape, antitrust concerns, and competition from smaller social media companies such as Snap and Twitter, these risks seem to be largely embedded in Meta's conservative share price.
METAverse Percentage Plays since Facebook announcementQuick look at the %'s of coins that involved with gaming & virtual items
Some like UFO & RNDN and others were not able to be listed due to TradingView not covering them yet
SAND being the biggest gainer, while Axe Inifinity came up pretty poorly, which was a surprise
choose wisely or grab a load of all of them, big things coming in next year!
trade smarter, not harder!
META ~ FBFacebook if it can't break 320 will have possibility to come down and test the 290 area where I believe would be the best spot to start adding to Meta on the dip.
This one could still go either way but FB is undervalued here on the cut, it pulled a possible fake to the downside with more upside to come -- good luck trading and don't get too eager unless you're buying shares.
FB-Meta Platforms (Face Book)The wave you see in the future price on the chart is a schematic of a possible price trend and will not be formed just to clarify the possible price movement.
This is a personal analysis and should not be considered a criterion for buying or selling. Please pay attention to the Take profit and Stop loss
profit taking in facebook $fb ? failed high? neckline? Facebook price to sales multiple keeps declining as it failed to make new price highs. Is this an indication that there are sellers or profit takings moving out of this steady grower? Are investors not happy with the name change to META and unsure of the metaverse future? the support neckline we are current sitting is where the battle is being fought and voted on by buyers vs sellers. time will tell
Daily Market Update - Stocks - FAANG - Twitter Look Out Below!In this video:
* Overall, I remain neutral to slightly Bullish Crypto, however...
* There are definitely more and more caution flags appearing!
* Today we look at the influence that the Stock Market might be playing on crypto
* We start with the FAANG stocks: Facebook, Apple, Amazon, Netflix, and Google
* We look at Twitter
* We look at the S&P, Nasdaq, and Dow Jones Industrial Average
* And we finish by looking at our market leaders in the crypto space
* Be careful out there traders! The market is on edge.
MANA: HTF FractalHTF Fractal taken from previous price increase, when stretched so that the beginning of the run fits the beginning this current run, seems to be somewhat predictive so far.
Is this a crazy price target? Yes.
May it be warranted? Possibly...
MANA is now a direct competitor to 'META' (formerly, 'Facebook'). Meta's current market cap is ~880 billion. MANA's is around 8.6 billion.
If MANA had Meta's market cap (so assuming some scenario where MANA becomes THE metaverse, beating out Facebook /Meta and all other competitors), that would put MANA's price at ~$482.
Full disclosure: this isn't so much a serious possibility in my mind, at least not yet, I'm just posting this to see how this theory/ fractal pans out; mostly just curious.
Twitter $TWTR Crash - Bye Bye Jack - BUY Volatility $VIXYADVERTISING MODEL PLATFORMS CRASH!!!! The old 2digit tickers they try to run and hide from. Gross. THAT'S WHAT DECENTRALIZATION FIXES. *ADVERTISING*.
Notice Jack is out when $FB zuck changes their business name to META. WE ARE LAUGHING. Never would I ever!!
Everybody has their own coinage at this point. Sorry Jack. Sorry Zuck. No chance. Both have got to stick with #simpcoin & $SQ until the Digi Dollar puts it to rest. They're all echochamber FEE VULTURES. They don't care which crypto you pass around. They take fees from the system. Ponzi Poggers. Storytellers. NOT INVESTMENT WORTHY.
ETHEREUM IS JUST AS GREAT AT $100. OH MY. $10????
#cryptocrash
Go Gary G!!
#kingdollar
Buy $VIXY VOLATILITY
Volatility Boom. Go small caps.
#cannabisreform
$KERN
$MSOS
$PSDN
Cannabis Saves Lives. Federalization #comingsoon
Facebook - Back to the top?-Here we are back with the stock market again. Where are we headed? Everyone expects different outcomes. We all expected November to be harsh due to the tapering talks but nothing really happened. Then the new virus coming from Africa hit the market, everyone expects something, but again, market is not really moving in any particular direction.
-Since the beginning of November we are stuck around $170 with TQQQ. So where to go now? We suggest going for instruments and strategies where you can benefit from this sideways movement.
-Facebook is a great stock to bet on, both due to the financial situation and the new developments within the company (META). Our target is $360, but it might take some time for the stock to hit that level.
FB - STOCKS - 17. NOV. 2021Welcome to our Weekly V2-Trade Setup ( FB ) !
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4 HOUR
Bearish break towards previous highs.
DAILY
Expecting another push to the upside..
WEEKLY
Great price action, looking for more bullish breakouts..
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STOCK SETUP
BUY FB
ENTRY LEVEL @ 342.58
SL @ 323.06
TP @ Open
Max Risk: 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
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Have a great week everyone!
ALAN
ROSE Falling Wedge Long Opportunity Charts published are based on technical factors using patterns, structures and price action and no chart is 100% guaranteed and market volatility can change the trade setups or plans anytime. We share the charts and analytics for education purposes while you should follow them at your own risks. We always recommend doing your own analysis before investing in high risked market instruments.
Not a Financal Advice.
FBFacebook seems to be targeting 355-366 on a bullish move. I really want to see this hold 336 for a move to the upside, if it can't hold that lvl it will unfortunately see downside momentum ! Good luck on the trades but I'm very confident on Facebook leading QQQ ! !! ! !! Happy Thanksgiving one last time !