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META Closed 2 straight green months, the first time since 2021!Meta Platforms (META) is on a strong January monthly candle (chart on the right) having closed in December two straight green months for the first time since August 2021, which was its All Time High. This alone is a huge bullish development, which along with the 1M RSI being on an Inverse Head and Shoulders pattern (IH&S), it can start staging its long-term bullish reversal. On the more medium-term 1D time-frame (chart on the left), Meta also made a significant bullish development, as yesterday it clearly broke (but failed to close) above the 1D MA100 (green trend-line), for the first time in one whole year (since December 30 2021). Having turned the 1D MA50 (blue trend-line) into a Support this last month (since December 12), if it manages to close a daily candle above the 1D MA100, the stock's next aim would be the 1D MA200 (orange trend-line). The 1W RSI also had a major bullish break-out as it broken above a Resistance Zone holding since August 15, that previously had rejected the price a total of three times (Triple Top). In our view we can claim that Meta has a sustainable bullish reversal only if it breaks above the 1D MA200. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
NASDAQ:METALong
by TradingShot
6
What Billionaires Taught me About TradingDid you ever wonder why influential people wear the same clothes every day? • Mark Zuckerberg wears his famous round neck grey t-shirt. • Richard Branson wears his famous pair of jeans. • Steve Jobs wore his black turtle neck. • Barack Obama wears either his blue or grey suit. Well other than promoting their signature look, there is a much more deeper and important reason for it… You might want to consider this analogy for not only trading, but for every important aspect of your life. Why Mark Zuckerberg wears the same outfit Facebook CEO, Mark Zuckerberg held the first ever public Q&A session at FB California headquarters in November 2014. During the hour session, he was asked why he wears the same grey t-shirt every day. Here was his answer: “I really want to clear my life to make it so that I have to make as few decisions as possible about anything except how to best serve this community,” “I feel like I’m not doing my job if I spend any of my energy on things that are silly or frivolous about my life,” Less decisions – More success This concept to make one decision on what outfit to wear, is to help prevent ‘cognitive fatigue’. One less decision to worry about in life will save your brainpower capacity to help make decisions that matter for the future. Besides, the more decisions you make – the more complicated life is. Ok, so you got the gist… Here’s what this lesson taught me about trading As a trader, there is plethora of events taking place every day. There are countless factors to consider: • Markets (Forex, shares, indices, commodities and cryptos) • News events (Employment, GDP, macro & micro announcements) • Indicators (Moving averages, RSI, MACD, Price action etc…) • Time frames (Tick, 5 minutes, 30 minutes, daily, weekly) • Strategies (Moving average crossovers, breakout patterns, volume analysis) It’s enough to test everything until the end of time! That’s why, I have personally worn the same metaphorical outfit for the last 14 years. NOTE: It took me 7 years to find this outfit! 1 Strategy – MATI Trader System 1 Time frame – Daily 1 Indicator – Price action 1 Risk level – 2% 1 Financial instrument – CFDs It’s all about finding what you find comfortable, consistent and sustainable… How to find your one outfit when you trade This is most definitely a self-introspection journey to find the ‘outfit’ you will be wearing as a trader. To start, write down your trading strategy and markets you want to trade… My biggest tip – Keep it simple, minimalistic and comfortable…
JSE:J200Education
by Timonrosso
1
META to extend losses even more?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 bearish looking for lower levels. Our profit targets will be 91.04 and 88.04 Resistance: 126.40 / 134.00 / 142.00 Support: 115.00 / 108.50 / 96.00 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
NASDAQ:METAShort
by VantageMarkets
META reached our target. What's next?Over a month ago (November 10) we posted our outlook on the Meta Platforms Inc (META) following the cutting of 11k jobs (also feature on the Editor's Pick): As you see our target has been hit as the price rose and reached the top of the Channel Down pattern that the stock has been trading in since February. The buy signals at the time were obvious as the 1D RSI bounced on the Oversold Zone as it did back in late February/ early March. The question is what happens now? Well we will not diverge from our usual pattern break-out strategies. Right now the stock is on sell levels, being that close to the top (Lower Highs) trend-line of the Channel Down as well as having hit the RSI's Resistance Zone (red). As you see, this is the zone where since November 15 2021 (i.e. more than a year) forms all the Lower High rejections on META. For as long as this holds, we expect the price to hit 89.25 (January 20 2016 Low) and the 72.10 (August 25 2015 Low). On the other hand, we will buy if the price breaks above the 1D MA100 (green trend-line), which has been unbroken since December 30 2021, and target the 1D MA200 (orange trend-line). A candle closing above the 1D MA200 (preferably on the weekly scale), should be enough to confirm META turning bullish on the long-term. ------------------------------------------------------------------------------- ** 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:META
by TradingShot
4
Meta Platforms Analysis 13.12.2022Hello Traders, welcome to this free and educational analysis. I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities. If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below. I will personally reply to every single comment! If you enjoyed this analysis, I would definitely appreciate it, if you smash that like button and maybe consider following my channel. Thank you for watching and I will see you tomorrow!
NASDAQ:META
by basictradingtv
16
Buy and Hold mana x5 or x10 incomingMana price is clinging to the 9ma on the daily charts. I always plot the 9 period moving average on charts, when price clings to it in parabolic moves it helps me stay with the trend, here mana is doing the same. Hold this one, I posted about Facebook (meta) last week and we saw great day trading profits on that last week. METAVERSE stocks and crypto are your big plays alongside other crypto over the next year. Mana is severely undervalued here with a low market cap compared to shib and doge. Buy and or hold.
COINBASE:MANAUSDLong
by breakoutfakeout
1
Buy facebook (meta) huge buy volumeBuying Facebook here under the new re-brand meta. From a purely TA perspective, Meta looks great. The best signal in trading is volume and support. We can see huge buy volume came into facebook last week on the buy side at support. This gives high probability that the share will look to take out its ATH. This is a great leveraged play here which could reap massive profits buy holding till next year or more. From a fundamentals perspective everyone knows the facebook brand is pretty unloved. Meta is a fantastic idea. Zuckerbug through his ownership of facebook and instagram has tonnes of personal data on us all and will surely know how to use behaviour marketing strategies to encourage us all into the new metavese. I predict that within a year or so we will all have some form of online avatar presence and the metaverse will be the next big thing. Meta looks an incredible buy here, stop loss at last weeks low.
NASDAQ:METALong
by breakoutfakeout
3
META Can cutting 11000 jobs reverse the bearish outlook alone?The news of a 11k jobs cut had an immediate bullish impact on the Meta Platforms Inc (META) stock, helping it break above the 100.00 barrier again. Today's much lower than expected CPI number is also adding fuel on this rally but can those alone push the price out of the death spiral it has been since January in particular? Well technically the November 03 drop made a Lower Low on the Channel Down pattern that Meta has been trading in since the February 03 collapse. Taking also into account the massive rebound below the 30.000 1D RSI oversold zone, the price can target the 1D MA50 (blue trend-line) by the end of this month. Beyond that, only a closing above the 1D MA100 (green trend-line), which is unbroken since December 30 2021, can turn the trend bullish. As you see, the November 03 bottom was made on the January 20 2016 Low (89.25). The next Support is the August 25 2015 Low of 72.10, so we will be ready to short this and if broken then 60.00. ------------------------------------------------------------------------------- ** 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
19
The 1.1 Trillion Dollar Penny StockI have three major principles in my life. The first is the Golden Rule, the holiest of all rules. Treat others the way I want to be treated. The second major principle is "holla holla get dolla", which is a really fun way to say respect the hustle, respect other's choices in life. Naturally, my third is that Rome was strongest with the triumvirate. All of this to say that when I act a fool, I expect others to tell me and moderate - this is the natural evolutionary cycle of social structures. It is of absolute sociological importance for bad behaviour to be called out. Jedi Blue, Suckerberg's Metaquest to find a friend, an inability to refinance debt, the real web3.0, and the literal heat-death of Facebook's geriatric population all spell doom for an over-glorified penny stock. First, what exactly was Wall Street thinking letting a GeoCities RSS feed for people's feelings get to a $1.1 TRILLION dollar market cap? It is difficult to explain the need for controlling health care inflation when the same economy is more than happy to offer debt to a business incapable of making a profit at valuations well into the hundreds of billions of dollars. Fine, the bubble popped. A lot of people, pensioners, and sovereign treasuries lost a lot of money. But for Facebook it's a little bit more severe. Facebook has around $10 billion in long-term debt, debt that is most assuredly used to recycling at the lowest interest rates possible garnered by free government money. What starts as a few billion recycling at ~4-6% per year starts finding draining liquidity in corporate bond markets making it hard to offer debt at 10+%. Meanwhile, real world inflation driving up operating costs for office, labour, and servers force bigger and bigger debt offerings to less and less willing parties. Advertising growth declines and degrades as advertisers suffer in recessionary markets. Plus the $10 billion in long-term debt is nothing compared to carrying $16 billion in floating accrued expenses -think cycling debt among credit cards, $15 billion in "deferred revenue"- as if renaming fake profits makes it more real, and a $7.5 billion mixed bag debt growing by $250 million a quarter. There is a funny saying that owing the bank a hundred dollars makes it your problem, owing the bank a hundred million dollars makes it theirs. Banks are reanalyzing their tail-risk models for profit and capital margins. Forgoing the mysterious $84 billion a year in revenue, Facebook burned $62 billion this year alone. A decrease in real revenue is an undertone to out of control costs that needed to be dealt with a decade ago. All of which are suddenly important. Facebook's interdimensional turn to the Metaverse at investor expense in the billions with no plan to stop illustrates an Executive board that isn't controlling risk or managing direction. Removing Zuckerberg won't be easy, if at all possible. Facebook can change it's name all it wants, but there is one person in power. The public aren't the only ones harbouring negative feelings for Zuckerberg and his company; various US and International legal groups have been launching investigations and lawsuits against Facebook, Facebook's Directors, and Zuckerberg personally. The FTC won a $5 billion charge against Facebook in 2020 in relation to selling user's personal data. Now the FTC is against the very fabric of Facebook: Illegal Monopolization via uncompetitive acquisitions to be resolved by shedding Instagram, WhatsApp, and more. Facebook has attempted to dismiss it twice, failed on both counts, and is now pushing for a delay in trial - something unlikely to happen. Intertwine a multi-state and multi-country investigation into Google & Facebook's "Jedi Blue" collusion, research reports codifying the bad return on investments of digital ad spend, especially on Facebook, and it starts to look like a crisis of confidence in an entire business model. Google has been in a constant battle regarding it's own Monopoly and the power of pricing that comes with it, most ending with a corporate-win inside the United States. While Republicans' hatred against Big-Tech is more bark than bite, certain lawsuits in Republican-driven states pose the probability of a big loss for big brother business. However, the EU investigation into Jedi Blue is far more likely to create a material change in ad pricing. The basics are this: Facebook and Google agreed on a floor of pricing ads, thus forcing companies to pay more than in a free and competitive market. While this isn't surprising, it is illegal - making materially impactful fines and pricing changes a very likely outcome within the next few years, again all enhanced by a global recession. Invoke the Laws of the Monthly Active Users and bequeath one billion dollars. Or just know that internally-verified MAU's are on par with Allianz SE returns. Facebook claims 3 billion monthly active unique users of whom 500 million joined since COVID in Q1 2020. The underlying growth trend shows nearly perfect linear growth from 2008 to 2020, and logarithmic post. Without the ability to predict the future, Facebook is sitting at a 1% annual growth rate over 2 years on a statistic that only they can confirm. Facebook knows growth has stalled and will turn negative, if it hasn't already, all leading up to the dramatic need for Facebook to CREATE a UNIQUE digital space to bring in NEW users. Where Facebook claims Horizon Worlds is only a $1.2 billion failure, R&D costs are up $8 billion in the same 9-month period YoY. But the failure aspect is correct, as Horizon Worlds has failed to breach 200,000 unique users with a recent investigation showing a general localized environmental userbase <50 people. This analyst won't fault the metaverse for this failure. Facebook isn't just uncool and unpopular, they are reviled in a way that only a new generation can do. If Web3.0 is about decentralization against mass-control, there are few homo sapiens lizard-people that have earned such hysterics as Zuckerberg. One final inspection of their public accounting records leaves one final question: how much longer can Facebook run? With just under 50% of cash equivalents in corporate debt securities with an 8% unrealized loss in a year, paired to a $2.3 billion or 14% degradation of the Corporate Treasury in the past 9 months, what is the game plan? Facebook is looking at $2+ billion per year in increased costs to refinance debt at minimum, that is if they find a bid. The company has burned more on a Metaverse catering to no one, being sued by the FTC to break up the social media conglomerate completely, looking at decreased revenue, decreased value of previous revenue, and a very tangible decline in users amid a digital transformation period brought by a new generation wholly happy to cancel celebrities and companies. There is a growing probability and possibility of a failure for Facebook to maintain debt and business operations without filing for bankruptcy or modification of historic debt. Facebook is a penny stock, at least while it remains listed. Selected References: www.sec.gov www.ftc.gov www.ftc.gov www.law360.com nymag.com www.chancerydaily.com www.statista.com kotaku.com
NASDAQ:METAShort
by DoctorFaustus
8
Meta still got downside to come to $40 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 on building Horzons (app) and building Oculus and Metaquest. But clearly the world was not ready for this evolution. Also with Oculus costing $299 and the new Oculus costing over $500 shows that majority aren't willing to invest in this technology or can't afford it... I do think the Metaverse will take over one day, but only when technology becomes cheaper and the benefits outweigh the risks... Right now it's a liability to those due to a lack of education What are your thoughts...
NASDAQ:METAShort
by Timonrosso