Meta
$META-bolic move to the downside!🔸️Ticker Symbol: $META🔸️Timeframe: 4 Hour 🔸️4X Bear Pattern 🔸️Investment Strategy: Short
TECHNICAL ANALYSIS: We have seen a 4 week rally in the markets and due for a pullback... looking at $META, price is currently overextended into our regression channel, and money momentum in our red band indicating a pullback. Play the trend, as the likelihood of a continuation is high. The next major level of support is $168, equating to a -$8 move on $META. Take advantage of this massive move lower in the next week. Money momentum shifting lower, we have a key EMA crossover, and a major rejection on the upper linear regression channel.
🔔 Follow for daily stock, crypto and forex technical analysis .
⚠️ Trading is risky, and I understand nothing is guaranteed. Proper risk management should be in place at all times to minimize losses. Please consult a financial advisor before trading. All Inclusive Trading LLC is not a financial advisor and may not be held liable for any losses which may occur.
Meta – Is it Finally Time to Buy?If you like this idea don’t forget to BOOST it.
Fundamental Indicators:
Sector – Communication Services
US Business Cycle Stage – late cycle, when this sector is neutral
Revenue – consistent growth for the past 10 years, 25% average annual growth rate for the past 5 years but with a considerable slowdown in 2022 TTM
Profits – dropping in 2022 TTM
Net margin – impressive 28% but reduced from previous 30-40% levels
P/E – already acceptable with 14 ratio compared to S&P500 with 21 and Communication Services sector 17
Liabilities - debt ratio is at 0.26 which is within normal limits, Net Debt/ EBITDA is negative – no problems with debt
Conclusion – although still good financial performance the latest reports are showing slowdown in user base and ad revenue growth, as well as high CAPEX investments into new platform Metaverse – all indicating that there are no positive signs for the new growth cycle yet, but given low PE it is likely to have another mid-term rally (see below scenarios)
Technical Analysis (Elliott Waves):
Main scenario of this idea suggests that the peak of August 2021 saw completion of the first global wave, and we are currently observing formation of wave 2 (see higher timeframe graph)
The sharp fall from historic high is likely to be the first leg of the overall correction in wave 2 and is shaped by ABC zigzag
Wave A and B have been fully completed and wave C is also near completion with an Ending Diagonal in wave 5 (see guidelines for Ending Diagonals below)
Once the current low of $154.25 is slightly pierced by the final zigzag of wave 5 we are likely to see a rally to the upside, possible scenarios are depicted below
This is a higher timeframe to reflect the full history of Meta and to provide full wave count:
This is the link to the guidelines for Ending Diagonals
What do you think about Meta and its short term prospects?
Also let me know if you would like to see other stocks, indices, Forex or Crypto analysed using Elliott Waves. And BOOST this idea if you like it.
Thanks
$META: WATCH OUT BELOW! BEARS COMING🔸️Ticker Symbol: META 🔸️Timeframe: 4 Hour 🔸️3X Bear Pattern 🔸️Investment Strategy: Short
TECHNICAL ANALYSIS: $META is currently in a bear regression trend channel to the downside. When we are trading in this trend, I like to look for areas where we could see a push lower to capitalize on price action. Along with being in a bear trend we also have our white line "money movement" shifting out of the market in conjunction with a red dot meaning a "key EMA crossover" on our dashboard below. If we continue in this pattern, I do believe we could see a test of approx. $169
4X 🟢 Bull Pattern Confirmation Requirements
✅️ Linear Regression Indicator Increasing
✅️ Money Momentum Shifting Higher
✅️ Green Dot: Key EMA Crossover to Upside
✅️ Green Middle Band: Bull Market Momentum
4X 🔴 Bear Pattern Confirmation Requirements
🔻 Linear Regression Indicator Declining
🔻 Money Momentum Shifting Lower
🔻 Red Dot: Key EMA Crossover to the Downside
🔻 Red Middle Band: Bear Market Momentum
🔔 Follow for daily stock, crypto and forex technical analysis.
⚠️ Trading is risky, and I understand nothing is guaranteed. Proper risk management should be in place at all times to minimize losses. Please consult a financial advisor before trading. All Inclusive Trading LLC is not a financial advisor and may not be held liable for any losses which may occur.
TWTR UPTRENDING DESPITE EARININGSNYSE:TWTR
has been running for 4 weeks with a RSI now over 80%
By comparison, META is sideways.
Musk just liquidated $6B in TSLA to fund a contingency
in case the court forces the contract to purchase at $54.20
www.cnbc.com
This may cause buying pressure at the present price
far below the contract price. Potentially a short
squeeze could augment the price action.
This may be a good time for a long entry on TWTR.
Is $META a VALUE TRAP stock??I've been keeping an eye on this stock during the last year. In the beginning, I couldn't understand the punishment by the market that this stock was receiving.
The stock lost around 60% of its price from its all-time highs in September 2021.
A company trading at 8X EV/EBTIDA and in a range from 13X-15X P/E in 2022 may seem like a value investing opportunity.
They haven't lost users on their platforms. However, businesses reduced their ADVERTISEMENT BUDGET.
Surprisingly, with changes in iOS 14.5 (Mid 2021), issues for advertisers who rely on META to sustain their businesses appeared.
The Q2 2022 Earnings proved the deceleration of META's growth. The stock crashed, while the rest of the techs were rising from 5-10%.
Don't take me wrong, META is a fantastic business. No debt, high margins, growth, buybacks, it has everything that the books taught us.
The USA Economy is in a recession, companies are going to cut costs in order to remain profitable (those who can). This means layoffs, caution in undertaking new investment projects, cutting advertisement budgets... and here is where META is going to be hurt.
META has pricing power and MOAT, the problem is that the demand for ads will decrease due to the recession (as we saw in the last earnings release).
META still has a lot to do in order to make Reality Labs a meaningful and robust stream of income in their business model.
For the short-term, I remain short for $META. But this doesn't mean that when things recover over the long-term, and the Reality Labs investment starts to flourish, we can see even higher margins in the company and more growth. This is the only way I see $META making new all-time highs.
From a technical point of view, if the price breaks the $155 support level, we can see it between $120-$140.
If it remains in this lateral channel, we can see it going up to $170-$180, even $195 if there is some kind of momentum.
Overall, I would prefer to stay out of it till it goes out from this bearish channel. I see the stock trading at $120-$140 till the end of the year.
I have some stocks for the moment that I'm planning to sell at breakeven ($180).
If I don't have the opportunity to sell now, I will HOLD them for the long run, probably add if I see it at $120.
META Bottom formed. Ready to break 4 month Resistance.It hasn't been that long since we last took a look on the Meta Platforms (META) and called for the last chance to find buyers and reverse its fortunes:
As you see since then, the stock has been trading sideways within a consolidation phase of lots of uncertainty fundamentally. Today however, the price broke above the Shoulder line of a Head and Shoulders pattern that started last month. Technically, this could be the ideal bottom formation for the majority of investors, with the price also above the 1D MA50 (blue trend-line).
With the 4H MA50 (red trend-line) supporting, if the price breaks above the April 05 Lower Highs trend-line, it will most likely be the final confirmation that the company has re-entered its long-term growth trend. Ideally, we would like to see the 1D MA100 (green trend-line) break but the Lower Highs trend-line could do alone, especially with the 1D RSI on Higher Lows since June 22, indicating a strong underlying bullish sentiment. Our medium-term target is the 1D MA200 (orange trend-line).
--------------------------------------------------------------------------------------------------------
Please like, subscribe and share your ideas and charts with the community!
--------------------------------------------------------------------------------------------------------
BIG TECH RECOVERYThe Daily chart shows the composite price action for one share each of
GOOG
META
MSFT
AAPL
It shows a low of the year in mid-June about the same time as the SPY bottomed.
The Awesome Oscillator confirms the uptrend.
The uptrend seems to be bounded by an ascending parallel channel.
There has been a combined 10% price rise in the six weeks since with steady price
action including some retracement.
The high volume area of the profile could be resistance at its upper boundary
and so this composite of tickers could soon be at resistance.
Meta is heading to Zuck! METAMay be so. It is what we believe in any case. Still a fair way from a formal confirmation in a 4hr chart, but nonetheless. Globally, and this applies to the entire equity market in general, there is very little reason to believe that in the immediate future a company like Meta will start spiking to the upside. Remainder of 2022 will likely be a year of bears.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Confirmation level, where relevant, is a pink dotted, finite line. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe.
META "Triple Bottom" Inside "Falling Wedge" Pattern
Patterns Identified- "Triple Bottom" inside "Falling Wedge" pattern
Bottom to neckline measurement is approx. 17.89! The measurement for the wedge from its lowest low and highest high is approx. 198.46.
My entry will be just above the break of the neckline at 172. I will use a stop loss which I won't disclose on this forum. Profit taking areas will also be set prior to placing the trade.
Follow my channel for more trading ideas and to share your trade ideas with me.
*This is not financial advice.
Loved & Blessed,
MrALtrades00
$META to bounce back to $261?While everyone has now turned bearish on the stock market, I think we should now see a large bounce higher in many stocks.
For $Meta specifically, price bounced off of my support line and now looks to be squeezing higher.
The first key level price needs to make it over is $180. If we can make it over that level, then I think price will likely test the $219 level as resistance. It'll probably take a couple of tries to break that level, but I see price eventually breaking through it and heading to the $261 level which should be the final resistance before price falls lower.
I'm looking at a trade from my entry at $162 up to the $200+ level (ideally up to the $261 resistance). I've added some key pivot points to look for changes in price action.
Let's see how it plays out over the coming months.
Meta Platforms (Road Map)!!!🗺️Today, I want to analyze the Meta Platforms.
What are Meta Platforms ❓
Meta Platforms, Inc., doing business as Meta and formerly named Facebook, Inc., and TheFacebook, Inc., is an American multinational technology conglomerate based in Menlo Park, California. The company owns Facebook, Instagram, and WhatsApp, among other products and services.
Meta Platforms are close to the end of main wave A.
I expect Meta Platforms to grow up around the support zone (for the short term).
Meta Platforms Analyze Daily Timeframe (Log Scale /Heikin Ashi)⏰
🟢Support zone🟢: 149$ until 137$
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.