IS FACEBOOK OVERVALUED?Meta Platforms, Inc. develops products that enable people to connect and share with friends and family through mobile devices, personal computers, virtual reality headsets, wearables, and in-home devices worldwide. It operates in two segments, Family of Apps and Reality Labs. The Family of Apps segment’s products include Facebook, which enables people to share, discover, and connect with interests; Instagram, a community for sharing photos, videos, and private messages, as well as feed, stories, reels, video, live, and shops; Messenger, a messaging application for people to connect with friends, family, groups, and businesses across platforms and devices through chat, audio and video calls, and rooms; and WhatsApp, a messaging application that is used by people and businesses to communicate and transact privately. The Reality Labs segment provides augmented and virtual reality related products comprising virtual reality hardware, software, and content that help people feel connected, anytime, and anywhere.
Meta is a rock. It is one of the most profitable company in the world. It had a monopol power on social media platforms but now they have fierce competitions such as Tiktok and newly acquired Twitter.
They are aware of their limitation with growth from social media apps and they are investing in new areas. They change their name according to their new policies. But it is not certain if their new ventures will be as profitable as their old ones. Therefore they might lose some more value.
Right now price is %45 below of all time high.
Resistance areas
210
220
230
While support is
201
195
Thanks.
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Meta
METAHERO UNDERVALUED IN MY OPINION, BUY AND HODL!!!$HERO is very cheap now, $HERO is 88% down since ATH!!
Of course price will keep doing bad if crypto market and $BTC drops hard... Anyway, Metahero is a real project with an awesome Team, Devs and CEO Rob Gryn!
They are doing very well as business and developing ideas for the future #METAVERSE
Please dont miss $HERO for long term, it has alot of potential and it is undervalued my friend, remember that PRO Investors keep accumulating cheap and doing DCA.
This is a real crypto project for long term, I really believe in ROB GRYN and METAHERO!! LET'S SEE WHAT HAPPEN NEXT YEARS!!! BULLISH
ALWAYS #DYOR ...
metahero.io
twitter.com
Ape Coin going APE!!!Ape coin has been around for about a month and a half but Bored Ape Yacht Club and Mutant Apes have been around for over a year, but some how APE COIN has amassed a 6.3 billion market cap to become the largest metaverse coin, surpassing the likes of SAND, MANA and AXS. Why do you think it is? Well my opinion is simple, currently the floor price for these NFT's is around $304,000 dollars at the time of writing, so the majority of people can't afford a BAYC NFT so the next best thing is to jump on APE COIN. For the past month and a half people have been flocking to APE COIN to be part of this proven community, but also rumors that have been proven to be facts about a metaverse called "The Otherside Meta" have driven the price up due to the fact that April 30th there is going to be a land auction and APE COIN is going to be the currency for purchase (plus ETH gas fees).
Lets not forget about Yuga Labs, the creators behind all this, it seems everything they touch turns to gold and I think The Otherside metaverse won't be the exception. Yuga Labs has done a great job of marketing and rewarding there NFT holders, which got airdrops (free APE COIN) for just owning the NFT's. The future success of APE COIN will depend on the utility it will have inside The Otherside metaverse and the community behind APE COIN and there NFT's.
Price will likely go up until the day of the land auction, when I suspect there is going to be a huge APE COIN sell off, but I think price will break the $30 dollar mark, maybe $40 but I find it highly unlikely due to the fact that APE COIN has been oversold for a while now and bulls are losing buying power. But this is Crypto and you never know what will happen(DOGE and SHIB hahaha)
My strategy will be sell some APE when hits $30 and leave some to see if it reaches higher and then sell some more. Once price retraces after the land auction to about the $14 to $15 level I will re enter.
Remember always take profits, you will never go broke taking profits.
If you like this idea or you disagree with it please like and comment, I would like to read your opinions.
Expected 33% Gains for FB - Meta Platforms - 4H Analysis
Fb Looking like going long after breaking structure Facebook will going back to sell zone as red rectangle - don't miss this gain on Meta platforms
Let Me Know In The Comment Section Below If You Have Any Questions & Also Looking forward to read your opinion about it
Time to go against the grain of the general public with FacebookTime to go against the grain of the general public with Facebook #FB. I’ve been sharing my bullishness on Facebook and Metaverse on Twitter and through some of my videos. Many are focusing on Facebook through an advertising vehicle, but there is much more than what meets the eye. Just like the bullishness we shared on MSFT yesterday in trade alerts and recapping in our videos last night and this morning with the 282 targets - it was the evolution of Azure and the Mesh applications that we focused on. With Facebook, we carry the same principles of focusing on what many are not – expansion of services and areas least understood or passed to the side. I expect Facebook to expand on the Metaverse conversation and provide highlights into potential partnerships, service capabilities. Etc.
At the end of the day it matters how the markets react and not what the earning and call is all about. Nevertheless, I expect the markets to reward Facebook. There are significant comparisons of Facebook to Google and I believe that is a mistake by analysts.
In any case….
Bullish Target 1 is 216.93 to 219.92; Target 2 is 231.72 to 236.83
Bearish Target is 150.45 to 154.75
If the bottom is breached (bearish target) we would expect the price to close above 165.70 before the end of the week and back up towards 184.11.
FACEBOOK FORCAST - on the weekly chart : the price reaches a very strong support level
- on the daily chart : yestrday candle was green and today the price shows a slight rejection from underneath that could make a good wick and gives a buying opportunity
- personal opinion : we gonna have a perfect opportunity to entre as buyers due to that very strong support level that we saw previosly massive effects on the price
- best move : wait a little longer for the price to climb above the level and give us a confirmation candle
FB Potential For Bullish Bounce | 21st April 2022Price is near to the key pivot level. We can see a potential for bullish bounce from buy entry level of 198.49 which lines up with 78.6% Fibonacci retracement towards the take profit level of 212.11 which lines up with 38.2% Fibonacci retracement and 100% Fibonacci projection. Otherwise, price might break through key pivot structure and head towards the stop loss level of 190.42 which is a previous horizontal swing low support.
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.
FACEBOOK UPDATE- one the daily chart : a catastrophic day , the price made a massive dive hits the stop loss after giving us good signal of buying
- personnal opinion : the massive red candle with a big volume could be a signs that the buyers from before took their profits and a new uptrend will start
- best move : dont do anthing until the outcume of the dive becme clear
Re-Integration By Parts (near-term FB)This type of scenario/projection requires you to use your imagination a bit - align that with some solid math and some extrapolation and what we have is a very possible near-term scenario:
- Imagine FB never gapped last earnings, what would the price action look like. Is it possible it was forming the final part of its distribution phase that would have decreased in volatility s.t. it took the shape of a triangle pattern, and instead the earnings report accelerated the mark down? What we can do is extrapolate by cloning the current trendlines across the highs and lows post-gap down (blue lines) and populating where the range left off pre-gap. To properly complete the distribution phase might require a retest of the bottom range, and rejection before really tanking it/discounting it (by that I mean it will likely end up sub 170 (shaded red rectangle area) mid-term -- that would be a proper discounting before the next long-term bullish impulse wave can begin.
- Now, introduce some conventional techniques to see if there is a plausible path to test for rejection... recent (minor) bullish wolfe-wave 1-4 EPA @ ETA says yes, indeed, and by May 21st - nearly exactly when that pre-gap support line intersects the 1-4 EPA @ ETA!!
- Finally, is there a setup that would make such a near-term run actually bearish s.t. it would get rejected and complete markdown going into the summer? Indeed, Bearish Deep Crab Harmonic.
In summary:
~ Near-Term long to 258
~ Mid-term short back to 170ish IF rejected after near-term pop
~ Long-term Bullish but will have to re-analyze and update along the way.
There are more details to how/why I drew the path projection the way that I did, it is not random - pop pre-earning (i.e. before next week), small gap down post earnings next week, explosive bounce from that smaller gap to fill said gap and that momentum will take it to near-term target. If you're interested in how I determined this and you are familiar with stochastic analysis/Ito Calculus then we should talk. Otherwise just trust my word the math is gucci.
This would be kinda crazy if it all plays out lmao, but worth bringing up as a perspective on "meta" or whatever; not financial advice or whatnot.
Bless your souls,
The Alpinist
FACEBOOK forcast .- on the weekly chart : the price hits a descent support level few weeks backs and bounced off it
- on the daily chart : a slight pullback took place but a very weak one .
- on the 15 min chart : yestrday ended as a green day after the price broke the VWAP upward . even tho it went under it again, att the end of the day , it closed on it
- personal opinion : the price will resume it climb with 75% chance of breaking breaks that level .
- best move : waiting for today's green candle to appear for confirmation on an end of the pullback and BUY
Feel free to cantact me if you want me to analyse something or keep an eye on a stock/forex/crypto... and gave you daily updates about
FB Potential For Bearish Momentum| 19th April 2022Price is abiding by the descending trendline. We see a potential bearish continuation from sell entry level of 213.22 which lines up with 23.6% Fibonacci retracement towards the take profit level of 202.68 which is horizontal pullback support. Our bearish bias is further supported by ichimoku cloud indicator.
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.
META: THE SELLOUT IS NOT DONE YETSome of you've wondered what is a good spot to add couple more Facebook stocks to your portfolio. Well, here is your short overview. There is a strong trendline that has been holding for past couple years. Sometimes the price didn't even make it to that level, but with 100% consistency the trend has always bounced up from it. Currently, the plan is to wait for the bearish run to be over (with a pull-back between the 2 support zones) and then execute a buy order at around 170-175$ (wherever the trendline would be hit). Stay tuned for updates on this trade and have a great day!
"Facebook Can't Go Lower" Part 3Back in February Facebook/Meta NASDAQ:FB dropped over -20% on earnings. This was crazy for such a big profile, mega-cap company and many investors though (and said) "Facebook can't possibly go lower" and used this justification to buy right on the drop. From a technical standpoint that drop blew past support and with so many people saying "Facebook can't go lower" my trader senses told me one thing... it WILL go lower. That is why I made that line into a meme at the time.
Now, after many new lows and 68 days of trading after the dump a technical setup has formed that I actually like. I don't know the future but at this point you have a defined bullish trend of buying to key off that has pulled back to a 50% Retracement. From this price action a trader can size their position and risk accordingly. This is something that was NOT possible if someone just bought on the dump alone.
It was entirely possible that Facebook could have gone lower and lower. Fortunately and unfortunately it did not. Fortunately, as many investors are surely glad. Unfortunately, because returning to breakeven and then profit fails to leave the impression on those that jumped the trade without patience.
The Lesson here is simple: Wait for price action to provide a setup. Even if it takes months.
AIOZ USD My Estimate Price Will Be 500.00 AIOZ/USD Estimated Price Will Be 500 By Year End. Why? WEB3 & META verse. Network of the future fast reliable unlimited bandwidth ; ) . The following coins use AIOZ Network's ETH Token algorithm and proof-type: Binance USD, Polygon, Crypto.com Coin, Dai, Parkgene, Chainlink, DREP, DREP , FTX Token, THETA, Decentraland, Theta Network, Fantom, Axie Infinity and Aave.
Quietly buy this one up. Shhhhhh. Don`t tell everyone now. Don`t be late.
FB BearishI love the evolution of Facebook / Meta as we've been experiencing the Metaverse at the Firm; tremendous opportunities for people there. However, this is the markets and I'm focused on 'what I see on the charts' versus 'how I feel about a stock or news'; therefore, I will point out that I remain bearish on FB.
FB is below the 200 day and 50 day moving averages, which is never a good sign, and today we see the NASDAQ-100 gap down to its 50-day area. The Communications sector is just off the 50-day, while the biggest impacts to the sector itself have been #GOOGL and #NFLX (at least taking into account todays action.
Market conditions are not idea and personally I think the march lows will be tested soon -- that is not to say we won't have any upward impulse moves for day trading opportunities. Overall, my sentiment is neutral to bearish on #AMD based on the current complexion of the overall markets, the semiconductor index, and technical conditions.
I'd want to see FB hold the $221.41 (it's okay if price breaches below a bit), but you don't want to see that become a resistance levels. That could very much put the area between $209 - $211 on notice in the coming days.