Short $META at $350 down to $81 targetLike 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 to me that this move has been corrective and not impulsive.
I think we're nearing a top and once we hit it, I think it'll be a fast decline down to the $81 target on the chart.
I'll be playing this move through options w/ expiry into late 2024/early 2025
Facebook (FB)
META BUYHello, 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.
Meta Stocks on the Rise! A Golden Opportunity for Traders!
As many of you may have already noticed, there has been a significant surge in Meta stock prices as Wall Street continues to invest more in this promising asset. In fact, Meta's stock price is approaching the impressive $340 mark, proving its momentum and potential for substantial growth.
Considering the present market conditions and the analysis of seasoned experts, it seems like there has never been a better time to long Meta stocks. The impressive rise and consistent bullish trend indicate that Meta stocks are poised for substantial gains in the foreseeable future.
By investing in Meta stocks now, you are positioning yourself to benefit from the tremendous growth opportunities that lie ahead. With Wall Street's increasing confidence in Meta stocks, it's crucial to seize this golden opportunity before it passes by.
I invite each one of you to carefully consider adding Meta stocks to your portfolio and capitalize on the remarkable financial prospects it offers. Remember, fortune favors the bold and those who dare to seize incredible opportunities.
Join the ranks of smart traders who have already recognized Meta stocks' value and growth potential.
In conclusion, Meta stocks have proven to be a powerful force in the financial market, with Wall Street's increasing investment further attesting to its potential. Don't miss out on this lucrative chance to grow your portfolio and achieve financial success.
Should you have any questions, or require further data regarding Meta stocks, please do not hesitate to comment below.
Want to Buy Meta Platforms Stock? Be Prepared for a Bumpy RideMeta Platforms generated good revenue growth last quarter, but its earnings are still down through through the first half of 2023.
Meta Platforms (META -1.33%) has benefited from increased ad activity on its platform. The company has been delivering some improved growth numbers of late, and investors have become bullish on the tech stock this year. Shares of the company are up almost 160% year to date.
But before you think about jumping on this bandwagon, you should prepare yourself for some volatility in the future.
The metaverse will be a drag on earnings for years
The big problem with Meta always leads back to the metaverse and its Reality Labs business. It doesn't generate much money, and it may never be a significant part of the company's operations. So far this year, the company's Family of Apps segment, which includes popular social media apps Facebook, Instagram, and WhatsApp, has generated over $60 billion in revenue. Reality Labs, by comparison, has brought in $616 million.
That might seem reasonable for a new business, but consider that it has also incurred $7.7 billion of losses in the same period. Meanwhile, the Family of Apps business, which posted $24.4 billion in profit, has allowed Meta Platforms to remain in the black. But on a year-over-year basis, overall operating income of $16.6 billion is down 2%.
And this is with the company's core business doing well. Should its core operations struggle, the bottom line could seriously falter. And investors shouldn't forget the company continually warns that operating losses from Reality Labs will "increase meaningfully year-over-year due to our ongoing product development efforts."
Meta Platforms could make for a volatile investment
If not for Reality Labs, Meta's business would be promising. But as long as that's going to be a key part of its growth strategy, investors should brace for volatility. Meta's growth rate jumped last quarter, but it still faces significant competition like TikTok. And if its Family of Apps business can't generate earnings growth at a faster rate than Reality Labs is incurring losses, the sell-off the stock saw in 2022 could return.
Meta is a risky stock to be holding with its valuation at these levels. and it will require the company's Family of Apps business to be firing on all cylinders for it to continue to draw in growth investors. A big test will come later this month when the company reports its latest round of earnings
Meta Platforms Revives in 2023 with Impressive GainsMeta Platforms Revives in 2023 with Impressive Gains
After a lackluster performance in 2022, Meta Platforms, previously known as Facebook, has made a remarkable comeback in 2023. The company's shares have surged by approximately 162%, a stark contrast to the previous year when the stock saw a decline of over 64%. These gains are over 13 times the returns of the S&P 500, demonstrating the magnitude of Meta's resurgence.
The primary driving force behind Meta's 2023 success is its return to revenue growth after several quarters of decline. Additionally, Meta Platforms has harnessed the power of artificial intelligence (AI), which holds promising implications for its future.
Investors who remained on the sidelines during Meta's resurgence now face a crucial decision. They must weigh the allure of potential further gains against concerns about the stock's high valuation and the uncertainties within the digital advertising industry. Let's delve deeper into this conundrum.
The economic challenges that dominated the headlines in the previous year took a toll on many companies, and Meta Platforms was no exception. In times of economic uncertainty, marketers often cut back on advertising spending, which can be quickly adjusted. Meta Platforms, as a company heavily reliant on digital advertising across its social media platforms and the world's second-largest online advertiser, with a 20% market share, felt the brunt of this impact.
While most technology companies faced challenges during this period, the decline in ad spending led Meta to report three consecutive quarters of year-over-year revenue declines, a first in its history. Understandably, investors grew concerned, and the most risk-averse among them chose to exit the stock. However, as it turns out, their cautious approach proved costly as Meta Platforms made a strong comeback this year. The rebound in digital advertising has fueled significant gains for investors.
Yet, it's important to note that this recovery is still in its early stages. In the second quarter of the year, Meta reported an 11% year-over-year growth in revenue and a 21% increase in earnings per share, positioning the company for potential record-high sales and profits.
What sets Meta apart is its commitment to embracing cutting-edge technology, particularly Generative AI. While AI has been integral to the company for various purposes, it now plans to apply these advanced algorithms to enhance its digital advertising efforts. Meta is one of the few companies with the resources required to develop large language models for generative AI.
In a recent move, Meta introduced a suite of AI-powered marketing tools for businesses advertising on its platforms. These tools allow for customized images and text, empowering businesses to target their desired audiences more effectively. AI plays a crucial role in creating backgrounds, adjusting aspect ratios, and generating multiple ad versions tailored to various advertising channels.
While many companies view the widespread adoption of AI as a future endeavor, Meta is already leveraging this technology to drive its growth.
However, Meta's stock is currently trading at 37 times its trailing 12-month earnings and roughly 7 times its sales, making it less of a bargain for investors. This somewhat inflated valuation may warrant caution.
Nonetheless, when you consider Meta's future prospects, the outlook becomes more favorable. It's valued at only 24 times next year's earnings and 5 times next year's sales, which is significantly more attractive. Why? Because the company is expected to return to double-digit growth in sales and earnings per share by the end of 2024.
The recovery in the digital advertising market is well underway, and Meta is generously offering its AI expertise to advertisers at no cost, potentially attracting a growing number of them to its platform.
Despite the potential for market volatility due to ongoing economic uncertainties, investing in Meta Platforms now could prove to be a savvy move in five or ten years, especially given the extensive growth prospects on the horizon.
Exciting Times Ahead! Time to Go Long on Meta!First things first, have you noticed the recent absence of news surrounding Meta and Mark Zuckerberg? Well, let me tell you, my friend, it's actually a fantastic sign for the stock! Sometimes, no news is indeed good news, especially when it comes to a company as innovative and influential as Meta.
Here's why the silence is golden: Meta, under the visionary leadership of Mark Zuckerberg, has been relentlessly pushing boundaries and revolutionizing the way we interact with technology. With their groundbreaking advancements in augmented and virtual reality, as well as their strong foothold in social media, Meta is perfectly positioned for exponential growth.
When there's a lack of news, it often signifies that the company is diligently working behind the scenes, cooking up something truly remarkable. They might be busy refining their products, developing new features, or even exploring potential partnerships that could skyrocket their stock value in the near future.
So, my friend, this is the perfect time to seize the opportunity and go long on Meta! By investing in Meta stock now, you position yourself to reap the benefits of their future success. As the world becomes increasingly interconnected and reliant on immersive digital experiences, Meta's offerings are poised to become even more integral to our daily lives.
Imagine a world where virtual reality becomes the norm, where we can connect with loved ones, explore new places, and engage in virtual commerce seamlessly. Meta is at the forefront of making this vision a reality, and you have the chance to be part of this groundbreaking journey.
So, what's the call-to-action, you ask? It's time to take action and consider adding Meta to your portfolio! Conduct thorough research, analyze the market trends, and evaluate your risk appetite. Once you feel confident in your decision, seize the moment and make your move. Remember, fortune favors the bold!
As always, I encourage you to consult with your financial advisor or do your own due diligence before making any investment decisions. The stock market can be unpredictable, but with Meta's track record and the potential for future growth, we have a compelling opportunity on our hands.
Let's embrace the excitement and optimism that comes with investing in a company that is shaping the future of technology. Together, we can ride the Meta wave and enjoy the fruits of our foresight!
Wishing you happy trading and a prosperous journey ahead!
META, BEARISH MARKET-View, Enormous SHORT-Side-Indications!Hello There!
Welcome to my newest idea about META on the major underlying dynamics that I have spotted in the chart, conditions, and dashboard recently. META has turned out to be one of the most bearish dumpers in the market with a massive bearish pressure momentum wave of over -76.00% to the downside liquidating over 800 positions in the market and elevating a gigantic bearish indication for the whole chart.
The recent trend is looking rather weak because of the massively declining volume which is not supporting this weak uptrend. This means that when a bearish wave to the downside shows up this wave is going to accelerate because the volume of this undercurrent weak uptrend is declining more and more. Especially, with a major supply structure staying between the 290 and 360 levels this is going to have the same bearish origin condition as it has been seen within the massive bearish pressure -76.00% dump.
Investors are losing more and more trust in the stock since huge allegations over several years are not decreasing and it seems that investors are decreasing their stakes and position sizes within the stock. This is underlined by the fact that the volume is decreasing within this weak trend and is not supported by investors because if this should be the case the volume would rise. Taking this into perspective here the underlying increasing attractiveness of the stock is increasing the bearish case and decreasing the bullish case almost completely.
As META is now approaching the upper resistance cluster zones with resistances marked by the upper distribution level together with the supply zone levels that already have been the origin of 800 Billion long liquidations in the past such a breakdown to the downside increases further the more often the META price-action penetrates the lower boundary of the crucial ascending-wedge the higher the possibility for a massive bearish breakout and continuation increases.
Once a breakout below the lower boundary of this gigantic ascending wedge formation has shown up similar to it already formed in the past before META dumped over -76.00% in a massive bearish pressure continuation this is likely to increase the possibility for further bearish momentum to accelerate and META is going to continue with this till support has been reached or till the bearish momentum is so severe that it is going to breakout below the lower boundary and just continues into the direction.
Therefore, it will be necessary to spot the actual wave-development to emerge within the next times and exactly because of this I am continuing to keep the stock in my dashboard watchlist and re-evaluate important changes as well as the major underlying factors once they emerged within the price-action.
In this manner, thank you everybody for watching my analysis about USDJPY. Support from your side is greatly appreciated.
VP
FB, Precarious In Range, Bear-Flag Indicated!Hello,
Welcome to this analysis about the FB - FACEBOOK (META) STOCK and the weekly timeframe perspectives. Since Facebook rebranded itself to Meta it showed up with some declines that should not be kept by the side at this point and in the current structure, FB is showing a development that can be a pivotal indication for further bearish continuations downward. In this case now as when looking at my chart, we can watch there how FB initiated this wave-count with the first bearish impulse-wave to the downside with which it tested the 300 to 310 range together with the ascending-trend-line marked in dashed black. In wave-B now FB is building this main channel-formation in the structure in which it has a coherent wave-count and resistance within the upper boundary also matching with the 15-EMA in red and the 35-EMA in cyan. This now means that there is a higher likelihood given that FB pulls back off these resistance levels and when this happens a continuation will follow and especially an completion of the channel as a bear-flag will set up when FB pulls back below the boundary as it is seen in my chart. Once this whole channel has been completed as a bear-flag facebook will point the main dynamic-support-line and the target within the 250 level which will show completion of this whole wave-count after which further crucial developments will come. When FB manages to hold this structure and bounce in the support this can mark a important reversal otherwise when this does not happen and FB bounces below this zone it will show a bearish continuation in the red bearish-continuation-zone. For now we need to be prepared on upcoming volatilities and increased bearish price action before moving to further conclusions, it will be a important development ahead.
In this manner, thank you for watching the analysis, it will be great when you support it with a like, follow and comment for more upcoming market analysis, all the best!
"The high destiny of the market is to explicate rather than to speculate."
Information provided is only educational and should not be used to take action in the markets.
FB, Completes Ascending-Wedge, Downward Continuations Likely!Hello,
Welcome to this analysis about FB, we are looking at the 4-hour timeframe perspectives. As I discovered recently the stock has formed an important and decisive formation that gives the indication for a complete bearish reversal with further declines to follow up in the near future. This formation is an ascending-wedge-formation marked in my chart with the black boundaries. Within this formation the stock already completed the wave-count and recently formed the breakout below the lower boundary this completed the ascending-wedge bearishly to the downside and for now, there is the possibility that the stock snaps back to the 45-EMA marked in red to confirm this level as resistance and continue the downward journey. When this additional pullback emerges the stock will move on with the continuation till the targets are reached, in this target zone marked in my chart in blue within the 290 level there is also some good support lying in which the stock has the ability to stabilize and reverse when the sufficient demand show up however it needs to be elevated how the stock approaches this zone, it will be an important and interesting development ahead.
In this manner, thank you for watching my analysis about FB and the main decisive ascending-wedge-formation that recently completed being the origin for upcoming downward continuations, great when you support it with a like and follow or comment, all the best!
"There are many roads to prosperity, but one must be taken."
Information provided is only educational and should not be used to take action in the markets.
Meta Platforms (META) -> Mega MegaphoneMy name is Philip, I am a German swing-trader with 4+ years of trading experience and I only trade stocks , crypto , options and indices 🖥️
I only focus on the higher timeframes because this allows me to massively capitalize on the major market swings and cycles without getting caught up in the short term noise.
This is how you build real long term wealth!
In today's anaylsis I want to take a look at the bigger picture on Meta.
You can see that since the beginning of 2017 Meta stock - also known as Facebook - has been trading in a quite nice and obvious reverse triangle or "megaphone" pattern.
Overall I do expect another retest of the upper resistance trendline roughly at $600 but we could certainly see some correction before the next impulse higher.
- - - - - - - - - - - - - - - - - - - -
I know that this is a quite simple trading approach but over the past 4 years I've realized that simplicity and consistency are much more important than any trading strategy.
Keep the long term vision🫡
META First Buy signal in a month.We have been issuing strong buy signals on Meta Platforms (META) since November last year. A perfect example was our February 02 (see chart below) analysis that came with a huge final bullish warning while the price was still at $189.00:
Following the recent -15% pull-back, the strongest correction basically since the November 03 2022 market bottom, the stock price is flashing again the first buy signal on the medium-term as it is testing the 1D MA50 (blue trend-line) as a Resistance after a rebound near the 1D MA100 (green trend-line), which has been intact since January 10.
On top of that, the 1D MACD is on course to form the first Bullish Cross below 0.0, since November 09 2022, which was essentially the bottom of the Bear Cycle. As long as the 1D MA100 is intact, we will buy the 1D MA50 (candle) closing and target 326.25 (Resistance 1). If it closes a 1D candle below the 1D MA100 instead, we will wait and add a 2nd buy position at 260.00, near the Higher Lows trend-line and keep it as long as the 1D MA200. The target for that position will be even higher, as it will be a long-term buy signal, aiming at the All Time High of 384.50.
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META: Potential Early Bearish C Entry on ABCD PatternMETA is showing heavy amounts of MACD Hidden Bearish Divergence and is Extremely Overbought on the PPO after making a 0.786 Fibonacci Retrace of the 2021 Highs and now it is potentially looking to end the BC Wave and begin a CD Wave, which would take it all the way down to the 1.272 Fibonacci Extension located at the $23.56 level.
META Is this the start of a significant correction?Since November last year we have been issuing a strong buy signal on Meta Platforms (META) and our most recent analysis on February 02 (see chart below) came with a huge final bullish warning while the price was still at $189.00:
The stock hit $320.00 last week, almost filling the gap with the 1W candle of January 31 2022 (practically META's start of collapse) and pulled-back. The big question on the market this week is, can that be the start of a greater correction?
Well technically it is testing today the first key support level, the Higher Lows trend-line (bottom) of the 6 month Channel Up pattern that started in late February. If broken, it is unlikely to see the 1D MA50 (red trend-line) hold.
The key (technical) reason behind it, is the massive Bearish Cross that got formed this week on the 1W MACD. This is a major development as it is a rare event that always initiated a rather notable pull-back. More specifically, in the past five (5) years, we have had another six (6) 1W MACD Bearish Crosses, all making a Lower Lows after it. The minimum correction was -17.33% while the maximum -43.50%. Practically META made its large corrections (-43.50%, -38.60%) when it faced legal action and during the pandemic. The rest standard (technical) pull-backs ranged from -17.33% to -19.70% (also -28.15% on the last Bearish Cross but fundamentals were also present).
This is the reason we expect a pull-back below the 1D MA50 if the Higher Lows of the Channel Up fail (to close 1D candles above it). The minimum projected correction range of -17.33% would give us a pull-back to $265.00. A -19.70% would give $256.00.
That would start making META a technical buy again, where long term investors can start applying buying strategies with a tolerance level up to the 1W MA50 (blue trend-line).
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META Platforms Options Ahead of EarningsIf you haven`t sold META here:
Or reentered here:
Then analyzing the options chain and chart patterns of META Platforms prior to the earnings report this week,
I would consider purchasing the 290usd strike price Puts with
an expiration date of 2024-1-19,
for a premium of approximately $27.70.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
"Never bet against Zuck" $META topping out hereThere are many people that think that NASDAQ:META will keep rallying here to new highs. I'm not one of them.
Lately I've been seeing people post "Never bet against Zuck." That tells me all I need to know about sentiment here at the highs.
Like many other assets, I think META has rallied due to a technical bear market bounce and is now losing steam.
We've either already put in a top here at resistance, or there is one more move slightly higher to $307.54 that will pull in the last of the holdouts that haven't invested yet before dumping on them.
I don't care about narratives, whether it's AI, threads, VR or whatever fundamental reason you can give a company for "needing to go up."
The reality is, it's all about market structure and what price action says. And to me, we're nearing a top that will take price back to below the previous low we hit last year.
Let's see how it plays out over the coming year.
META completing 8 straight months of gains. How far can it go?META is about to close the month on the 8th straight green candle, which is of course way beyond any rally in the company's history.
Having broken even above the 0.786 Fibonacci level and turned the 1month MA50 into Support again, the question on everyone's mind is how far can the market extend this rally.
Looking at its short history, all of Meta's rallies didn't stop before the 1month RSI entered the overbough (over 70.00) zone. And the RSI is currently at 61.88, considerably lower than this limit.
Of course it can be argued that this time the rally started after the 1month RSI rebounded from the oversold area, the first time in its history.
But technically, it appears that the market both technically and fundamentally has what it needs to keep investors interested and most likely won't correct substantially before testing at least the $385 All Time High.
Follow us, like the idea and leave a comment below!!
Meta -> Rally Not Over YetHello Traders,
welcome to this free and educational multi-timeframe technical analysis.
On the weekly timeframe you can see that Meta stock started a crazy dump in September of 2021, dropping roughly 80% in a very short period of time but bounced back significantly.
You can also see that the recovery started in October of 2022 and from there Meta created a rally of 200% towards the upside and is now approaching resistance at the $300 level from which I do expect a short term rejection away towards the downside.
On the daily timeframe you can see that Meta stock is still massively bullish, creating new highs every single day so I am now just waiting for a retest of the previous resistance at the $275 level and then I do expect a final blow-off to retest the $300 resistance zone.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset: