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META Potential for Bullish Rise | 10th January 2023Looking at the H4 chart, my overall bias for META is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. I'm looking for a pullback buy entry at 124.03, where the 38.2% Fibonacci line is. Stop loss will be at 112.47, where the recent low is. Take profit will be at 137.66, where the 50% Fibonacci line is. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
NASDAQ:METALong
by Rockqet
META is setting up for a breakout.What we are looking at here is META on the Daily TF. I want to draw your attention to the downward sloping line (yellow), where price action has been attacking since the beginning of April. The yellow line was acting as resistance until the 5th hit of that line, when a break out occurred (purple box). Now that we have seen a breakout above that resistance line, the chart is indicating that the price action wants to go a bit higher. Once the price gets to around the $140 level it will hit the resistance line (green), where we can expect the price to stall out and eventually retrace back down to the blue support line (as it is an up-sloping trend line). If it breaks through the blue support, it will head back down to the down sloping (yellow) trend line which will now act as major support. The first hit of the blue line could possibly be a great place to start going long on META, knowing that if it does pierce the blue line, the yellow line will provide some additional support for a major move to the upside. At the end of the chart you will notice the red arrows, which indicate how price action is expected to go. META will continue to be monitored for price action and this post will be updated as things change. In the comments, let me know what you think will happen. Cheers.
NASDAQ:METALong
by GarethSolowayOfficial
10
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
$TSLA $AMZN $GOOGL $MSFT $AAPL $DOGEUSD $NFLX $SNAP $META #NIFTYNASDAQ:TSLA Fair Priced. > 70% down from the ATH Now opportunity to double the money. CMP 125$ Target 250$ Duration < 12M SL 60 RR > 2 time Return > 100% Bet is worth taking the risk! TSLA AAPL AMZN GOOGL MSFT NFLX SNAP META NIFTY BANKNIFTY V JPM GS ADBE Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at SUPPORT levels Earnings are strong. Bullish Wedge Breakout Risk Return Ratio is healthy. And Rising from Double Bottom Pattern to Flag Pattern forming. If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations. With 💚 from Rachit Sethia
NASDAQ:TSLALong
by Rachit_Sethia
2
META Potential for Bullish Rise | 21st December 2022Looking at the H4 chart, my overall bias for META is bullish due to the current price being above the Ichimoku cloud , indicating a bullish market. Looking for a buy entry at 110.85, where the 38.2% Fibonacci line is. Stop loss will be at 96. 40 , where the 78.6% Fibonacci line is. Take profit will be at 137.66, where the 50% Fibonacci line is. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
NASDAQ:METALong
by Rockqet
2