Can Facebook find TP today❓Said I would cover more stocks and here's a trade I'm in from yesterday.
We have a Facebook long running and seeking that TP target.
Trade details for current trade are shown on the chart.
We are working the 30M time frame on this strategy.
We're looking for the green line which is take profit target.
Little red short arrow is entry point and purple line is stop loss.
Trade history can be seen at the foot of this trade idea too for full transparency.
Previous trades can also be seen on chart.
How do you guys and girls trade stocks let me know 🙌
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I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily.
Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way.
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The stats for this pair are shown below too.
Thank you.
Darren
FACEBOOK: FUNDAMENTAL ANALYSIS + PRICE ACTION + NEXT TARGET ⚡️It's no secret that social media giant Facebook generates an incredible volume of free cash flow. Even following covering all of its expenses, the company makes so much money that it still has enough to spend on stock buybacks and other shareholder-friendly expenses. That's why the business's free cash flow is expected to continue to grow - and why this is excellent news for shareholders.
Facebook generates the biggest part of its capital from selling advertising on its social networks -- and, as per the company, it's doing better than ever. The economy is growing, and more and more advertisers are struggling for ad space around the same limited number of user-targeted keywords. This growing demand allows Facebook to charge more to sell ads and, as a result, generate revenue.
In its Q2 2021 results, Facebook's CFO reported that the average price per ad increased 47% in Q2 and 30% in Q1. The total number of ads sold was up 6% year over year in Q2 and 12% in Q1 - meaning that the company is getting most of its sales growth from the increase in price per ad, rather than from the increase in the total number of ads sold. The CFO expects higher ad prices to boost Facebook's ad revenue for the rest of the year.
And as Facebook's revenue grows, so does its free cash flow.FB has constantly converted about 30 percent of its revenue into free cash flow over the past four quarters.
Facebook can generate such a high level of free cash flow because the company's internal operating margins are very high. For every new ad it accepts, it incurs minimal additional costs.
That indicates that 30% of all new ad sales go directly into the company's cash profits.
This increase in free cash flow helped the company increase its stock repurchases from $1.4 billion in last year's quarter to $7.1 billion in the most recent quarter. And both have fueled investor confidence in the company, causing the Facebook stock to rise about 40 percent over the past year.
Analysts expect Facebook's revenue to be $119.53 billion in 2021, up 14% from $104.79 billion last year. By 2022, they expect further growth of 19.1% to $142.44 billion in 2022.
Investors will keep an eye on these free cash flow numbers and use them to decide how much they are ready to pay for the Facebook stock. As of the moment of writing, the company has a market value of just over $1 trillion and 12 months of free cash flow of $32.17 billion, which means a price to free cash flow ratio of about 32.7. If that figure simply holds over a subsequent couple of years, the company's FCF forecast for 2022 of $42.73 billion would imply a target market capitalization of nearly $1.4 trillion -- up more than 30% from today's price.
Facebook is likely to announce third-quarter results before the end of October. If the company continues to report tremendous growth in ad revenue, as it has over the past few quarters, we can expect free cash flow to continue to rise. Facebook stock has shown significant growth in the past year, but additional free cash flow growth could continue to fuel that growth. If that happens, investors should have no qualms about continuing to build up their positions on Facebook or opening new ones.
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Elliott Wave View: Facebook Looking to End Wave 5Short Term Elliott Wave view in Facebook suggests the rally from August 3, 2021 low is unfolding as a 5 waves impulse structure. Up from August 3 low, wave 1 ended at 365.77 and pullback in wave 2 ended at 350.20. The stock has resumed higher in wave 3 towards 384.33. The internal of wave 3 unfolded as 5 waves in lesser degree. Wave ((i)) ended at 370.86 and pullback in wave ((ii)) ended at 364.08. Wave ((iii)) ended at 382.76, wave ((iv)) ended at 376.97, and wave ((v)) of 3 ended at 384.33.
Pullback in wave 4 ended at 373.09 as a zigzag structure. Down from wave 3, wave ((a)) ended at 374.06, wave ((b)) ended at 377.20, and wave ((c)) ended at 373.09. The stock has turned higher in wave 5 but still needs to break above wave 3 at 384.33 to avoid a double correction. Up from wave 4, wave (i) ended at 377.16 and dips in wave (ii) ended at 373.15. Expect wave (iii) to complete soon, then it should pullback in wave (iv) before another leg higher in wave (v) to end wave ((i)) of 5. Near term, as far as pullback stays above 373.09, expect the stock to resume higher.
FB - Face Plant / 330 QQQs bought in SIZEThe Fangs, which have led the Tech rally, narrowing breadth and
creating a large chase... are in a SELL.
There was a sizeable PUT purchase @ the 330 Level, an Entity
has hedged their Book.
Former leaders are now leading the decline.
Warning signs are building...
Elliott Wave View: Facebook Impulsive Structure Looks IncompleteShort-term Elliott wave view in Facebook (FB) suggests that the cycle from 03 August 2021 low is unfolding as a 5 waves Elliott Wave Impulse. The structure remains incomplete favoring more upside extension. Up from that low, the pair has ended the first leg in wave 1 at 365.78 high. Then wave 2 pullback ended as a irregular flat structure at 350.00 low and the stock has rallied higher again.
Up from wave 2, wave 3 remains in progress in a lesser degree 5 waves structure. Wave ((i)) of 3 finished at 370.86. Then wave ((ii)) of 3 pullback ended at 364.11 low. Wave ((iii)) of 3 rally finished at 382.76. Wave ((iv)) of 3 did a pullback and ended at 376.97. Near-term, as far as bounces remain above wave ((iv)) of 3, we are looking for a pullback to complete wave (ii) soon. Facebook should then continue higher with 3 swings more to complete wave ((v)). This would also complete wave 3 in higher degree and then we would expect a pullback in wave 4 before the stock continues higher and end the cycle from 03 August 2021. Alternatively, wave 3 could end already at the recent high 384.33. In this case, the stock can see a larger degree pullback in wave 4 to correct cycle from August 19, 2021 low. However, it would still remain bullish and should resume higher again afterwards.
Long FBEntry price: 369-375$
Target price: 408$
Stop loss: 365-369$
Keltner Channel: the price is inside of the channel, approaching the upper boundary.
Chart pattern: symmetrical triangle
DMI: +DI line crossed -DI line from the below. Moreover, the intersection moment appeared above the ADX line what might suggest the bullish momentum of the price.
Conclusions: The price broke the upper boundary of the triangle pattern, however there is no volume increase at the moment. Thus, long position is recommended after the price correction above the pattern with the entry price on the new support level.
FACEBOOK:FUNDAMENTAL ANALYSIS+PRICE ACTION|NEXT TARGET|LONG🔔🔔The majority of people have heard of the social network Facebook; with 1.9 billion daily active users, nearly one in four people in the world uses Facebook daily.
The company's stock has risen sharply this year, surging 33 percent over the year. This far surpasses the S&P 500's 19 percent rise over the same period.
There is, of course, a good reason for investors' growing interest in the stock. The social media company's advertising business is showing incredible momentum, and Facebook's quarterly top and bottom-line results are easily ahead of analysts' estimates.
But for investors, the company's novel goes far behind a Web site where people post pictures of their favorite kitties; and today we give a few reasons why Facebook is an attractive investment opportunity.
- Dynamic business model
FB began as a simple social network in the early 2000s, but founder and CEO Mark Zuckerberg actively positioned the company for later success. Zuckerberg predicted the importance of images to social media when he bought Instagram for $1 billion nine years ago, usually seen as one of the "steals" in the company's history, now that Instagram boasts more than 1 billion users.
Next, Facebook obtained WhatsApp in two years, a deal worth $16 billion in cash and stock; the WhatsApp platform now has more than 2 billion users and is the most popular mobile messenger in the world. Zuckerberg has also developed a passion for augmented reality (AR) and virtual reality (VR), buying VR hardware company Oculus for $2 billion in 2014 and recently announcing a new team to promote Facebook's "Metaverse" business.
- "Cash cow" with room to grow
Those decisive steps have generated value for Facebook over time, both through user growth and monetization. Facebook gets most of its revenue from advertising, so by improving the number of users and getting more and more revenue from them, it's a two-way way to grow revenue.
Over the past two years, the total number of daily Facebook users has grown by 20% to 1.9 billion. At the same time, Facebook is improving its average revenue per user (ARPU), which reached $10.12 per user in the Q2 of 2021, up 43% from last year.
As more users bring in more revenue, Facebook's overall revenue growth is impressive. In the second quarter of 2021, Facebook's revenue was $29 billion, up 56% from 2020.
- Aggressive stock buyback
The business is highly successful and brings a lot of cash as revenues grow. In the second quarter, Facebook converted $8.5 billion, or 29% of revenue, into free cash flow (FCF); FCF is the cash left over after the company spent whatever it needed on the business.
Instead of paying dividends to investors, Facebook repurchases its own stock. When the company repurchases its stock, it increases the value of the remaining shares as its profits are distributed among fewer shares. The result is an increase in earnings per share (EPS), which generally leads to a higher share price over time.
Facebook bought back $7.1 billion of its stock in Q2 2021, and the total number of shares outstanding dropped to 2.877 billion from 2.921 billion at the end of 2018. The company has $64 billion in cash and securities on its balance sheet, so investors should expect the stock buybacks to continue.
- Stocks that are selling off in a selloff
Facebook is a huge company, with a market value of $1.05 trillion. The company is expected to earn $14.08 per share for all of 2021, giving it a price-to-earnings ratio of 26.
Exceeding projections means a 40% gain in earnings per share over 2020, which is an exciting surge for a business of this size. Experts additionally anticipate a double-digit increase next year, so the current estimation seems very fair.
One aspect of Facebook that is difficult to factor into the valuation is the company's versatility. With all that cash on its balance sheet and a forward-thinking management team, it's hard to calculate the potential value that Mark Zuckerberg could create in the future, which is not obvious today. We can only look at what Facebook is currently. Still, the company's ability to create new business segments through acquisitions or innovation is something investors should keep in mind, especially given Zuckerberg's enthusiasm for the Metaverse.
Big tech companies rule the world, and Facebook is one of the select few in the club of trillion-dollar market capitalization companies. But don't be fooled: the company continues to grow, makes lots of money, and returns value to shareholders through stock buybacks and strategic moves that create long-term value for the company. There's a lot to like about Facebook that makes it an attractive investment idea today.
FB ICI setups with trend (S@F2)Facebook ICB setup
-impulsive/corrective/impulsive
Approaching resistance zone, limiting profits and probably a pullback @175
may be a slow moving trade
FACEBOOK:FUNDAMENTAL ANALYSIS+PRICE ACTION|NEXT TARGET|LONG🔔🔔Although the Facebook stock is up nearly 33% for the year, some analysts are concerned about the company's prospects. The stock's rise declined after the company released its second-quarter results in late July, as investors were concerned about a slight decline in daily active users in the U.S. and Canada, as well as earnings projections.
Nevertheless, the company beat analysts' expectations, reporting year-over-year revenue growth of 56% and earnings per share (EPS) growth of 101%. Both figures exceeded consensus estimates.
While there are a few worried analysts, don't count Credit Suisse's Stephen Jue among them. After the quarterly report was released, he raised his target price per Facebook share to $500 from $480 and maintained his outperform rating. This is now the highest price target among Wall Street analysts.
While most analysts set price targets for 12 to 18 months, there are several indicators from a valuation perspective that suggest Facebook should be worth $500 a share now. First of all, this is when comparing Facebook to smaller peers such as Twitter and Snap, which trade at projected price-to-earnings (P/E) ratios of 70 times and 270 times, respectively. Facebook's forward P/E ratio is 28.5.
Sure, both companies had higher growth rates than Facebook's 56 percent increase in the top line last quarter -- Twitter by 74 percent and Snap by 116 percent -- but it would only take a 40 percent increase in value to become a $500 stock, which is equivalent to 40 times projected earnings for Facebook.
Comparisons to the broader market also seem favorable when growth is taken into account. According to Standard & Poor's, Facebook is trading at 27 compared to 31 on the S&P 500, even though the S&P 500 had negative sales growth over the previous year (compared to Facebook's 56% growth previously noted).
Finally, Facebook has another way to make it easier to reach the $500 per share price: shares buyback. Reducing the total number of shares increases earnings per share and raises the price per share, all other things being equal. Earlier this year, the company increased its share buyback by adding $25 billion (now 2.5 percent of total shares) to its existing $8 billion authorization.
Of course, the Facebook stock carries some risks. It's a rare company that draws bipartisan ire at both the federal and state levels. A recent lawsuit by 48 states as well as the Federal Trade Commission for illegal monopolization was dismissed.
State attorneys general have indicated that they will fight the decision. While the rhetoric is heated to the extreme, it is likely that any risk is short-term and has little impact on Facebook's core business.
However, Zuckerberg is working on something new, and this could be the biggest opportunity for the company. In his last earnings report, the CEO stated his desire to turn Facebook into a "meta-universe company" within five years. The company has high hopes for an inspired VR experience, which it expects will replace the mobile Internet.
Despite Zuckerberg's fervor, investors should view any meta-village-related revenue as the cherry on top of a strong core social media business. It is this optionality that makes the company a sound investment.
Facebook's $500 price tag doesn't seem far-fetched, and long-term investors are likely to see the stock exceed that figure - perhaps even sooner than 18 months from now.
In addition, the Facebook stock fell yesterday along with the broader market decline on a weak retail sales report. That's probably what caused the social media giant's stock to fall since the performance of its advertising business is closely tied to overall consumer spending. Also, company officials said they would remove Taliban or pro-Taliban content, deeming the group a terrorist organization after its takeover of Afghanistan just the other day.
By the end of the day, Facebook shares were down 2.2%, while the S&P 500 was down 0.7% and the Nasdaq lost 0.9%.
Total retail sales in July were worse than expected. The Census Bureau reported that total retail sales fell 1.1% from June through July, with auto dealerships, clothing stores, and e-commerce especially weak. The main takeaway from the report seemed to be that the delta variant of COVID-19 was at least a moderate impediment to getting back to work, delaying returns to offices, and possibly discouraging Americans from other activities such as travel.
Meanwhile, other sectors that surged at the beginning of the pandemic, such as the auto industry and e-commerce, two key sources of ad revenue for Facebook, now seem to be normalizing as the pandemic-related favorable factors they enjoyed begin to subside.
Separately, the company said it is actively removing pro-Taliban content, although the question of what and how to ban it on the platform has been a tricky one in the past. For example, the Washington Post reported that members of the Taliban used WhatsApp to send messages to Afghan citizens, and these incidents could be an eyesore for Facebook if they continue.
Yesterday's 2 percent drop in Facebook stock should not change investors' opinions of the company, as such fluctuations are normal, especially given the news about retail sales and the sell-off in the market as a whole. In addition, the company came out with an outstanding earnings report in the second quarter and is likely to perform well in the third quarter since it went through a boycott period last year.
This development is a reminder that Facebook faces some political risk, so investors may want to pay attention to how the company is handling the situation in Afghanistan.
$FB Technical Analysis :)Back at it with another setup, please follow and like if you guys want more. Here is my analysis.
Bullish Sentiment: Bounce from 34-50 EMA we could see a test back into 360's followed by consolidation and the new ATH's. RSI hitting below 50 again, not much to go off of this but I see a bit lower. I do see this touching the lower cloud around the 348 range. However, if that holds we are off ;)
Bearish sentiment: Market weakness can come in at any moment and I see the market dipping a bit more. However, with today's market weakness FB held up nicely. I still believe we see 348 range before going back up, but I do see 346 being touched if we break below 348.
My personal opinion (not financial advice)
I think we test 348 and have a light bounce back over the EMA's and back into 360's.
I will wait until confirmation.
Like and follow :)
(P.S. not my best TA, had a long day)
Weekly Watchlist! 8/16 - 8/20Check out what stocks we are watching for this next week as well as a recap of last week's video!
NASDAQ:FB
Nice level forming right under the gap of the $366 level. Will look for a breakout there with targets of $367, $368, $370, $372
NASDAQ:AAPL
AAPL finally looks ready for its next move higher with a breakout over the $150 level. Targets will be $151, $152, and lastly $155 if we decide to swing our position
NASDAQ:PYPL
Nice pennant forming here, will be looking to take the upside breakout of $277 with targets of $278, $279, $280
American stocks FBIn Facebook stocks, there is a weekly upward trend, and in daily time, with a chat, we see our ceiling broken in time H4, which has lost the previous ceiling range and regained, which is the reason for our purchase, and in time h1, because the distance of point H Up to point A, the ascending nature is formed and the purchase can be made, and if it falls, it is corrected, and most likely, if it approaches the price ceiling, it will reject it. SL=346 TP1=374 TP2=388 Most likely it will break its price ceiling because it has attacked it twice, thanks
FACEBOOK: FUNDAMENTAL ANALYSIS+PRICE ACTION & NEXT TARGET|LONG🔔Facebook beat Wall Street analysts' expectations in its second-quarter earnings report.
Revenue rose 56% year-over-year to $29.1 billion, beating analysts' forecasts, and earnings per share doubled from the quarter that suffered a lockdown a year ago to $3.61, beating the consensus forecast of $3.02.
Despite that strong performance, Facebook's stock price fell 4 percent as the company's growth lagged behind that of Google's parent company Alphabet, and the company said it expects earnings growth to slow significantly in the second half of the year.
But the second-quarter results weren't just indicative of the underlying numbers.
Facebook CFO Dave Wehner recently warned investors of an impending slowdown in the company's revenue growth in the second half of 2021. After reporting impressive growth in advertising revenue compared to the second quarter of last year, Wehner reminded investors that April and June of last year were very volatile times for marketers who cut back on advertising spending. As we enter the second half of the year, comparable periods from 2020 will be much more difficult, and revenue growth will slow.
That's why investors shouldn't be too concerned about Wehner's comments.
Looking back to 2020 and the first half of 2021, investors can get a better idea of where Facebook is headed.
In the second quarter of last year, Facebook's ad impressions were up 40%, while average ad prices were down 28%. Naturally, this presents a difficult comparison for ad impressions growth, but it's easy to use the previous year's numbers to compare ad prices. Indeed, Facebook's ad impressions grew only 6% in the second quarter, but ad prices jumped 47%.
Facebook | Fundamental Analysis
As you can see, ad prices remained relatively low during the second half of the year. While this is still better than the average decline in ad prices in the first and second quarters of 2020, the growth was not what investors are used to. At the same time, growth in ad impressions declined on the back of improved pricing.
In his forecast, Wehner virtually eliminated the variable of ad impression growth from the revenue growth equation. He said he believes that the rise in the COVID-19 pandemic, which has been particularly pronounced in the high-margin region of North America, poses a challenge to 2021's attraction growth. In addition, the growing shift from feeds to video products such as Stories, Reels, and Facebook Watch will lead to a decline in impressions.
Even if we exclude the growth in ad impressions from revenue growth projections, ad prices should still increase markedly in the second half of the year due to strong demand from marketers. One need only look at the revenue projections of Facebook's competitors to get an idea of demand in the third quarter. According to Twitter, the company expects revenue growth of 30% on average, and Snap, in turn, expects revenue growth of 58-60%.
Nevertheless, Facebook should be able to increase the number of ad impressions. First, the company continues to increase the number of daily active users by 7% and 12% on Facebook and the entire family of apps, respectively. Second, the company is increasing ad downloads in its video products, such as Reels, which account for a significant amount of engagement on Instagram. Reels is still in the very early stages of monetization, but it is growing rapidly. This factor, combined with the growth in users, makes modest growth in impressions possible.
With continued strong demand for digital advertising and modest growth in the number of impressions, FAANG share ad revenue should continue to grow at a pre-pandemic pace in the upper 20% range. Yes, this is a slowdown from the first half of the year, but it is still very strong growth for a company of this site like Facebook.
$FB EASY EASY PLAY -AS posted last week this is following through
- This play is falling into position as we planned on taking an entry as soon as we broke 26-day and or the 9-day
-We are already above the 9-day ema so now we should watch how it starts to move on monday we can see a pullback down or we shall see a continuation