On Thursday, Meta (NASDAQ: NASDAQ:META ), along with Spotify and several other tech companies, voiced strong criticisms against the European Union’s approach to data privacy and artificial intelligence (AI) regulation. In an open letter, these firms, along with researchers and industry bodies, claimed that the EU's decision-making has become "fragmented and...
META platforms is bullish on its 1D technical outlook (RSI = 63.256, MACD = 7.090, ADX = 26.657) as it is making a healthy rebound on the 1D MA50. The 1 year Channel Up is posting recurring phases inside it and at the moment we are on similar grounds as early December 2023. Even the 1D RSI is identical between phases. Technically that suggests that the Channel Up...
Market Insight: META (Meta Platforms, Inc.) In our June 5th, 2024 forecast, we advised a sell slightly after the market’s peak. Though not the highest point, this decision preserved investor capital and provided better re-entry opportunities. Key Points: • First Green Line (October 7th, 2024): A buying opportunity as the market calms, offering a favorable...
Meta Platforms soared nearly 22% in late day trading on Thursday, nearing the $500B market cap level, after the Zuckerberg-led company's fourth quarter results and guidance were better than feared. The Nasdaq and S&P 500 ended higher on Thursday and touched roughly five-month highs as a more dovish than expected message from Federal Reserve Chair Jerome Powell...
Meta's Threads, the text-based social media app launched with much fanfare a year ago, has reached 175 million monthly active users (MAUs). This milestone signifies a strong first year, but questions remain about whether Threads can truly challenge the social media titan, X. There's no denying Threads' impressive growth. Reaching 175 million MAUs within a year is...
12M: Bullish Engulfing → Grey zone 453 – 509 → 537, 553, 465 above , 390 below 3M: Could not break above high of prev. candle. But closes bullish → range of last quarter becomes important → grey area provides a possible reversal/ continuation zone. → Stochastic is turning down Monthly: closing in bearish territory → bullish → could not close above highs →...
If you haven`t sold META when ARK did that: nor bought the META before the previous earnings: Then analyzing the options chain and the chart patterns of META Platforms prior to the earnings report this week, I would consider purchasing the 480usd strike price Calls with an expiration date of 2024-5-3, for a premium of approximately $24.80. If these options...
Meta Platforms ( NASDAQ:META ) experiences a remarkable surge, surpassing the $500 mark once again, as the company unveils its pioneering advancements in generative artificial intelligence (AI), signaling a new era of innovation and engagement within the social media landscape. Meta's Outlook: Meta's adoption of powerful generative AI models for video...
Meta Platforms. (NASDAQ: NASDAQ:META ), the parent company of popular social media platforms like Facebook and Instagram, faced a brief outage on Tuesday morning, disrupting services for users worldwide. Despite the outage lasting approximately two hours, Meta swiftly restored access to its platforms, alleviating concerns among users and investors alike. Key...
Meta Platforms ( NASDAQ:META ), the parent company of Facebook, Instagram, and WhatsApp, has been ordered by a Sao Paulo court to cease using its name in Brazil within 30 days. This decision comes after a local computer services provider, Meta Servicos, filed a lawsuit claiming damages due to confusion between the two entities. The lawsuit, filed by Meta...
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...
If you haven`t sold META when ARK did here: or entered the dip here: Then analyzing the options chain and the chart patterns of META Platforms prior to the earnings report this week, I would consider purchasing the $317.50 usd strike price Calls with an expiration date of 2023-10-27, for a premium of approximately $10.30. If these options prove to be profitable...
Meta Platforms posted a new 52-week high last week, hitting $330.54. After that, it retreated lower, creating a potential setup for a double-top pattern. As a result, we are carefully watching the developments on the daily chart, with the main focus on RSI, which seems to have topped slightly below 70 points last week. In many instances, such behavior is...
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...
I will top up on Meta, great numbers and a lot of FUD in the market. It's oversold at a PE ratio of just 12. It may still be getting cheaper for as long as FED can raise interest rates. All of the arguments against meta are inexperienced people looking at Meta stock price while looking at their new metaverse project information. If they bothered to look at...
Quite a rejection on the previous daily support with a double top with a channel breakout, I think we might get to 20k or 17k … dip dip dip
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...
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...