Like many of the other tech stocks META looks extended here. I could see one more move up into the $350 region, and if it hits there, I think that sets up a good short opportunity. Lots of people saying we're starting a new bull trend, but what makes me think that's not true? In a bull trend, you see a slow rise up, not a 300% bounce in a year. That indicates...
Hello, according to my analysis of Facebook stock. There is a good opportunity to buy. We note that the stock has penetrated the ascending channel. Strong resistance at 330 level has been broken. All these indicators point to buyers taking control. Inventory is for purchase only. Good luck everyone.
Made some good % on a Zuc short earlier this year. Then straight 12 months of up candles is crazy, total clown show. Short here based on history of the monthly RSI crosses. I have the patience to ride it out, will add. Not Advise, Good Luck.
META Daily Price Chart META has been in a relatively straight uptrend since bottoming out in November of 2022 but has recently just touched a level of high resistance with increased selling volume. This rally has come with the three gaps theory (Highlighted White) beginning with the breakaway gap in February 2022 and ending with the exhaustion gap back in...
Shorting Meta here. Could run, dont care. In at $294.94.... 50%, will add. Stops set at acceptable losses. This thing runs, I take an L and will short larger size higher. Everything reverts to the mean.
according to my chart analysis Meta Facebook will go down if price reached entry level .
Meta - 30d expiry - We look to Sell a break of 107.98 (stop at 115.15) The primary trend remains bearish. There is no clear indication that the downward move is coming to an end. This is curremtly an actively traded stock. 108.32 has been pivotal. A break of the recent low at 108.32 should result in a further move lower. Our overall sentiment remains...
It became interesting for us to consider the state of Meta. Unlike Twitter, Meta's outlook looks pessimistic. Our preferable scenario is the continuation of the downtrend, the price may rebound to the range of $190-250, after which the downward movement will continue. The fall may resume without a rebound, the target level is $60. In case of growth above $250,...
JUST IN: Mark Zuckerberg has announced that Meta will be laying off 11,000 of its employees — an estimated 13% of its workforce — and will also be taking “a number of additional steps to become a leaner and more efficient company.” This is a clear indication that since Mark went and focused on building the Metaverse (VR and AR) that this was a risk. We focused...
Short everything against USD, FB till 98. Look my other previous analysis
I doubt the company will allow such a fall, but it has reached our first target at $120. Looking at the Inverse Cup and Handle, it technically says it is going to $0... This is when we ask ourselves, how predictable are chart patterns and do you think the company will allow this.
NASDAQ:META FB reports next week - without belaboring the real lack of value that thing has as a service on their primary properties, I deleted my account 4 years ago and found an extra hour in every day since, but on the business side - their investment in the "metaverse" is going to be horrifically bad. They have spent $10b to $15b on the thing and only a...
If you haven`t shorted FB at $341: Look at the comments as well. Then you should know that even Google`s YouTube was threatened by TikTok rise! On the other hand a recent leaked documents claim lost control of user data from Facebook. FB is closer to our buy area of $140-155. Looking forward to read your opinion about it.
Bearish on $META below 137 until 123 unless break AND hold above 143. $VIX is also showing bullish context to comfirm this $META bear flag (failure to go lower) @ Weekly level 137. Would take majority of profit off the table at $128.71 because their may be a pullback to retest around 135.
Meta has hit the levels 155-158 multiple times, it is more likely that the stock would tend to move lower to the next support. The next support area currently is at 149 levels.
$FB needs to hold $ 153-155 area Breaking below $153 can go down further with TGT-1 $150, TGT-2 $141 and TGT $137
Not financial advice. The essence of investing & trading is the intelligent and patient preying on the greed, fear, impatience, addiction and ignorance of the majority. It's definitionally Darwinian.
The price is in downtrend since it made it high, so I would expect the price to drop further around 120$ or 130$ , then it would reverse. Please like share and comment