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APPLE BACK TO 182 SOLID POSITION Long Position: Key Points: Strong Fundamentals: Apple has a history of solid financial performance, driven by its diverse product ecosystem, including iPhones, iPads, Macs, wearables, and services. The company's consistent revenue and earnings growth make it an attractive option for long-term investors. Services Segment Growth: Apple's services segment, including the App Store, Apple Music, and Apple TV+, has been a significant contributor to revenue. Continued expansion and growth in the services sector can provide a more stable revenue stream for the company. Innovation and Product Pipeline: Apple's commitment to innovation, evidenced by new product releases and technological advancements, keeps the brand at the forefront of consumer technology. Anticipated releases and advancements in products like the iPhone and wearables can drive excitement and demand. Share Buybacks and Dividends: Apple has a history of returning value to shareholders through share buybacks and dividends. Share repurchases can contribute to stock price appreciation, and dividends provide income to investors.
NASDAQ:AAPLLong
by NYRUNSGLOBAL
Stock of the Month: Vertex (VRTX)Our portfolio is up by more than 15% in the month of November. We are strictly following Mark Minervini's Trading Methodology. Here is a quick summary: Mark Minervini's trading methodology, often encapsulated in his SEPA (Specific Entry Point Analysis) system, is a comprehensive approach to trading that emphasizes the importance of timing, risk management, and stock selection. Here’s a concise summary: Trend Template: Minervini looks for stocks in a strong uptrend, using specific criteria for moving averages and price action to determine the health of the trend. Volatility Contraction Pattern (VCP): He identifies stocks undergoing a VCP, a series of tightening price consolidations which often precede a significant breakout. Risk Management: He sets strict stop-loss orders to limit potential losses, often using a maximum risk threshold per trade to manage overall portfolio risk. Buy Points: Minervini waits for a proper pivot point before entering a trade, ensuring the stock is moving on high volume out of a sound base pattern. Leadership: Preference is given to market leaders, stocks that outperform the market with strong earnings growth, sales, return on equity, and profit margins. Market Direction: He trades in harmony with the overall market direction, increasing exposure during bull markets and preserving capital during bear markets. By focusing on these key principles, Minervini aims to capture significant trends, minimize losses, and compound gains efficiently. Remember, this strategy requires discipline, continuous learning, and the ability to adapt to changing market conditions. Stock of the Month November: Vertex Detailed Technical Analysis Price and Moving Averages : The price of VRTX has recently experienced a bullish breakout. It is trading above all key moving averages (MA), including the 50-day, 100-day, and 200-day MAs, which are aligned in ascending order—a bullish signal known as a 'golden cross'. The 50-day MA is often used as a short-term trend indicator, and its position above the longer-term MAs suggests a strong upward trend. Volume : There's a noticeable increase in volume accompanying the price rise, which is a positive sign as it indicates strong buying interest. Moving Average Convergence Divergence (MACD): The MACD line is above the signal line and above zero, which is bullish. The histogram is showing increasing momentum to the upside. Relative Strength Index (RSI): The RSI is above 70, which typically indicates overbought conditions. However, in strong trends, the RSI can remain overbought for extended periods. IBD Ratings: The IBD (Investor's Business Daily) ratings show a high relative strength rating of 93, suggesting that the stock is outperforming 93% of all other stocks in terms of price performance. Bollinger Bands: The price has moved towards the upper Bollinger Band, which could signal that the stock is overextended in the short term. Support and Resistance: The chart shows previous resistance around the $360 level, which appears to have been decisively breached and may now serve as support. Candlestick Analysis: The recent candlesticks show strong bullish bodies, which confirms the buyers' control. Price Targets: If you're using chart patterns for price targets, the recent breakout suggests a continuation of the uptrend. Potential Risks: The overbought RSI readings could indicate a potential pullback or consolidation in the near term. Additionally, the elevated volume on up days should be monitored to ensure it doesn't start declining, which could signal a weakening trend. Here is a link top our updated portfolio: www.tradingview.com
NASDAQ:VRTX
by JS_TechTrading
🔝 Nasdaq-100 Index: The House of Rising SunThe History is happening right here! ✨ Nasdaq-100 Index NASDAQ:NDX just set its Best First Half in almost 40 years since inception in 1985, with amazing 38.75% year-to-date return in 2023. Among all semi-annual results, Nasdaq-100 gain this year is second only to the year of 1999. With historical 61.44% gain in the second half of 1999, glory times shortly ended. Just two months later in the 1st quarter of 2000 index peaked at 4816.15, for the next 15 plus years. As 38.75% surge in 2023 still far away from the All-the-history record 61.44% in 1999, stocks feel this year like they are, as the great 1960's band "The Animals" said, in the House of the Rising Sun. They won the race, and closed the 1st half of the year with solid gains. Let's take a look and congratulate the winners of the race! ✨ 🥇 The 1st place - Nvidia Corporation, 184.84% YTD return NASDAQ:NVDA Nvidia is the clear winner in the AI arms race so far. It's the company that appears best positioned to dominate the burgeoning sector, and more and more investors continue to wake up to the potential of artificial intelligence. Nvidia effectively provides a one-stop shop for what customers need to drive their AI ambitions. They control their entire ecosystem on both hardware and software, similar to Apple, and that puts them years ahead of competitors. 🥈 The 2nd place - Meta Platform Incorporation, 133.66% YTD return NASDAQ:META Meta Platforms stock jumped this year after the tech giant's first-quarter earnings beat Wall Street's expectations. CEO Mark Zuckerberg also touted the tech giant's AI plans, and pledged to keep costs low as the owner of Facebook, WhatsApp and Instragram continues its "year of efficiency." In a post-earnings call, Mark Zuckerberg hailed the company's AI efforts and vowed to keep a lid on spending. The Meta founder and CEO said AI recommendations had led to people spending over 24% more time on Instagram since it launched TikTok rival Reels. 🥉 The 3rd place - Tesla Incorporation, 120.88% YTD return NASDAQ:TSLA Tesla's stock price has been rallying non-stop for months - and Wall Street is starting to ponder whether that breakneck surge might've made the EV stock a little overvalued. Shares have jumped 57% since late April, with investors cheered by CEO Elon Musk signing charging deals with Ford and GM, while Big Tech stocks have also soared more broadly thanks to the rise of AI as an investment theme. The stock just has settled its best two-quarter advance since 2020. But Barclays, Morgan Stanley, and Goldman Sachs have each questioned that valuation over the past two weeks, with all three banks slashing their Tesla rating from "buy" to "hold". Unprecedented dominance It's historically rare for a handful of stocks from the same sector to make up such a large part of the S&P500 ( SP:SPX ). The last time the five biggest companies by valuation accounted for a quarter of the index's total market cap was indeed the 1960s.
NASDAQ:NDX
by Pandorra
2
Navigating the $META Wave Investors have paid higher prices over time to buy NASDAQ:META and the stock is in a rising trend channel . This signals increasing optimism among investors and indicates continued rise. NASDAQ:META stock has broken up through resistance at dollar 327. This predicts a further rise. In case of negative reactions, there will now be support at dollar $327. Volume has previously been low at price tops and high at price bottoms. This weakens the rising trend and could be an early signal of a coming trend break. New Partnership NASDAQ:META and ONDC Partner To Support Small Businesses in India for Seamless Conversation Buyer and Seller Experiences. As per its commitment to upskill 10 million small businesses across the country, Meta Small Business Academy offers a certification to empower entrepreneurs and marketers to gain critical digital marketing skills to grow on the Meta apps.
NASDAQ:METALong
by DEXWireNews
Beating SP500 with SP500: Outperformed The Index Its Own WeaponsHi, all. Hope you're doing well. Looks like a good time to share a summary of a post I made almost a few years ago about SP500 stocks, 23.02.2022. Back then, I relied solely on technical analysis. Fast forward two years and the majority of my picks have proven to be quite accurate, showcasing the effectiveness of technical analysis in investing. While the SP500 gained around 10%, my selected stocks outperformed with an impressive 35% gain. Out of the 75 stocks I handpicked, 51 are currently in profit, 12 are in the red, and the rest didn't reach enough close to the zone or haven't made a breakout yet. So 63 has triggered and it will give a winning percentage of more than 80%. I'm okay with that. These results show the importance of technical analysis in making informed investment decisions. It's a clear example of how understanding market trends and patterns can lead to substantial gains, even when ignoring company fundamentals. These results challenge the notion that picking individual stocks is fairly difficult to beat market averages. Instead, it demonstrates that with the right skills and a strategic approach to technical analysis, it's not only possible but achievable. I'm excited about these outcomes and look forward to further refining my strategies in the ever-evolving world of finance. Results are calculated by purchasing with an equal amount of money from every area that I drew and holding these until today (started to make this post quite a few days ago so it can add a bit of variation). If the price falls through the box and comes back afterward then I always calculate from the middle of the box that purchase price. If I had done it at the best possible price then these results would have been significantly better. I did it the optimal way, you will see yourself... 1. AAPL - a load-it-up type of thing has worked out nicely. Used previously worked resistance levels. If the stocks performing well and the market cap is big then these levels can help you to get on board. Current profit 42% Before: After: 2. ADBE - came down quite roughly but it found support and back above fairly quickly. Current profi 67%. Before: After: 3. AMD - round nr., strong resistance level becomes support and the climb can continue. Current profit 80% Before: After: 4. AMZN - split. Came down from high prices to the marked levels and those who were patient enough got rewarded nicely. Current profit 34% Before: After: 5. ANET - retest of the round nr. worked perfectly, as a momentum price level, after the strong breakout. Current profit 143% Before: After: 6. APTV: Came down quite sharply and it will take some time to start growing from here, if at all. Current loss -2% Before: After: 7. AXP - firstly the round nr. 200 worked as a strong resistance level. Another example is to avoid buying if the stock price approaches bigger round numbers the first time. Came to a previous resistance level and rejection from there… Current profit 34% Before: After: 8. BIO - in general I like the price action, kind of smoothly to the optimal zone. It might take some time to start growing from here but also fundamentals need to look over. Current loss 13% Before: After: 9. BLK - kind of flawless. Worked perfectly. Current profit 48% Before: After: 10. BLL - a perfect example of why you should wait for a breakout to get a confirmed move. No trade. Before: After: 11) Berkshire Hathaway (BRK.B) - Buy the dip. Again, as Apple, a big and well-known company - all you need to do is to determine the round numbers and small previous resistances that act as support levels. Current avg. profit from two purchases 28% Before: After: 12) Cardinal Health (CAH) - the retest isn't as deep as wanted but still a confirmed breakout and rally afterward. Before: After: 13) Ceridian HCM Holding (CDAY) - found support from the shown area but not much momentum. Current profit 33% Before: After: 14) Charter Communications (CHTR) - technically speaking it is a quite good price action but kind of slow momentum from the shown area. So, it can take some time if the fundamentals are ok. Current loss -14% Before: After: 15) Comcast Corp. (CMCSA) - got liquidity from new lows, pumped up quickly, and is currently fairly solid. Current profit 16% Before: After: 16) Cummins (CMI) - close one, got rejected a few points before my shown area from the first role reversal (old resistance becomes support) Before: After: 17) Salesforce.com (CRM) - perfect. 50% drop, strong horizontal area, and mid-round nr did the work. Current profit 74% Before: After: 18) Cisco Systems (CSCO) - worked and slow grind upwards can continue. Current profit 18% Before: After: 19) Caesars Entertainment (CZR) - not in good shape imo. It has taken too much time and the majority of that is sideways movement. Current loss 4.8% Before: After: 20) Devon Energy (DVN) - inside the area and actually active atm. Still, now I’m seeing a bit deeper correction than shown. Before: After: 21) Electric Arts (EA) - waiting for a breakout. It will come and it will be strong afterwards! Before: After: 22) eBay (EBAY) - inside the area but yeah, looks like not much power there. Before: After: 23) Enphase Energy (ENPH) - got a breakout, got a retest, and did ~70% rally after that! If you still hold it, as I do statistics, then… Current loss -30% Before: After: 24) Expeditors International of Washington (EXPD) - kind of worked but didn't reach. No trade. Before: After: 25) Meta Platforms (META) - one of the best examples that you want to be in the markets and technical areas should give you the confidence to make your move! Run through the area but very quick and consistent comeback. Current profit 86% Before: After: 26) FedEx (FDX) - I love the outcome of this. Very solid price action and multiple criteria worked as they should. Perfect. Current profit 65% Before: After: 27) First Republic Bank (FRC) - firstly got a solid 30 to 35% gain from the shown area but...we cannot fight with the fundamentals. Current loss 99% Before: After: 28) General Motors (GM) - slow but has started to show something. Before: After: 29) Alphabet (GOOG) - load it up 3.0, a good and strong company, and use every previous historical resistance levels to jump in. Current avg. profit after three different price level purchases 32% Before: After: 30) Genuine Parts (GPC) - rallied quite strongly without a retest but now has started to approach my shown level. Before: After: 31) Goldman Sachs (GS) - really close one but still count it in. Current profit 33% Before: After: 32) Hormel Foods (HRL) - quite bad performance here. Two trades, two losses. The current loss combined these two together is 35% Before: After: 33) Intel (INTC) - one of my favorites again. Looks like the zone is in the middle of nowhere but the rejection came exactly from the box with good momentum in it. Current profit 64% Before: After: 34) Ingersoll Rand (IR) - sweeeet! Current profit 87% Before: After: 35) Intuitive Surgical (ISRG) - the trendline, 50% drop, strong horizontal area. Ready, set, go! Sweeet 2.0 ;) Current profit 62% Before: After: 36) Johnson Controls International (JCI) - the retest worked quite nicely but did not have enough momentum. So probably it moves sideways for a while. Current profit 14% Before: After: 37) Johnson & Johnson (JNJ) - Buy the dip and we had only one dip :) Before: After: 38) CarMax (KMX) - the area is strong but not enough momentum in it so I take it as a weakness. Before: After: 39) Kroger Company (KR) - breakout occurred, retest also but nothing more to say. Current loss -6% Before: After: 40) Lennar Corp. (LEN) - strong resistance level becomes strong support. Current profit 133% Before: After: 41) LKQ Corp. (LKQ) - haven’t reached yet but still, it should be solid. Before: After: 42) Southwest Airlines (LUV) - no breakout = no trade! Don’t cheat! Your money can be stuck forever but in the meantime, other stocks are flying as you also see in this post. If there is a solid resistance, wait for the breakout and possibly retest afterward! Before: After: 43) Las Vegas Sands (LVS) - channel inside a channel projection ;) TA its own goodness! Current profit 60% Before: After: 44) Microchip Technology Incorporated (MCHP) - nice one! Current profit 67% Before: After: 45) Altria Group (MO) - got a decent break but lacked momentum after that and sideways movement can continue. Current loss -11% Before: After: 46) Moderna (MRNA) - still inside a quite wide zone but nothing too exciting from my point of view. Before: After: 47) Morgan Stanley (MS) - the first stop has worked, and got some movements. Current profit 27% Before: After: 48) Microsoft (MSFT) - Load it up 4.0, buy the dip has worked again with well-known stock. Three purchases and avg. return from these are amazing 54% Before: After: 49) Match Group (MTCH) - if I look at it now then I don’t really like this chart at the beginning but it is what it is and we accept the loss. Current loss -57% Before: After: 50) Netflix (NFLX) - almost the same as Meta. Came quite sharply but the recovery has been also quick. Another proof that you want to be on the market if these rallies occur. Current profit 62% Before: After: 51) NRG Energy (NRG) - wait for the retest Before: After: 52) NVIDIA (NVDA) let this speaks for itself! Current profit 200% Before: After: 53) NXP Semiconductors (NXPI) - usually the sweet spot stays in the middle of the box, and also as I look over these ideas quite a few have started to climb from the first half of the box. Current profit 72% Before: After: 54) Pfizer (PFE) - yeah, got rejected after it came to retest the area the first time to around 30% but after that - slow death. Current loss -29% Before: After: 55) PerkinElmer - “after” is EUR chart but you get the point. Before: After: 56) Pentair (PNR) - worked correctly, 50% drop combined with the horizontal area, easily recognizable, and the result is quite okay. Current profit 65% Before: After: 57) Public Storage (PSA) - slowly has fallen to the zone and first impressions are on the chart already. Current profit 20% Before: After: 58) PayPal (PYPL) - the area just lowers the speed of dropping :) Current loss -29% Before: After: 59) Qorvo (QRVO) - it can be a “late riser”, let’s see. Current profit 24% Before: After: 60) Rockwell Automation (ROK) - sweet, worked again like a charm. Current profit 52% Before: After: 61) Rollins (ROL) - after posting it didn’t come to retest the shown area. Being late for a couple of weeks. Worked but cannot count it in, the only thing I can count is that my bias was correct ;) Before: After: 62) Snap-On Incorporated (SNA) - same story! Before: After: 63) Seagate Technology (STX) - firstly it came there! Look how far it was, the technical levels are like magnets, the price needs to find some liquidity for further growth and these areas can offer it. I like this, and the climbing can continue. Current profit 42% Before: After: 64) Skyworks Solutions (SWKS) - one of the textbook examples of how trendline, 50 drop, round nr. and strong horizontal price zone should match. A bit slow but oohhh boy I want this will play out. I have talked about this idea in several presentations and it is kind of a perfect example of how these criteria can determine the strongest zone on the chart! Before: After: 65) TE Connectivity (TEL) - came down, and got a rejection. “Simple” as that. Current profit 34% Before: After: 66) Thermo Fisher Scientific (TMO) - mister Ranging Market. Nothing but last month got a bit of volume from the liquidity zone and let’s see what it can do. Before: After: 67) Trimble (TRMB) - currently up but the price action signs that it can stay ranging for some time. Current profit 19% Before: After: 68) Tesla (TSLA) - made a split. Have been successfully recommended many times after that here and there but two years ago was these price levels and.. The current profit after two purchases is 16% Before: After: 69) Train Technologies (TT) - dipped the box and off it goes! Current profit 91% Before: After: 70) Take-Two Interactive Software (TTWO) - I like this analysis a lot. Worked as a clockwork. Current profit 60% Before: After: 71) United Rentals (URI) - scam :) have some closest calls counted in and here is another one. Current profit 128% Before: After: 72) Waters Corp. (WAT) - came to the box as it should be slow and steady. As the plane came to the runway. Current profit 33% Before: After: 73) Exxon Mobil Corp. (XOM) - another escaped winner. Didn’t come down to retest my retest area so, missed it. Before: After: 74) Xylem (XYL) - nice to see that the majority of these areas are working very nicely! Current profit 49% Before: After: 75) Autodesk (ADSK) - slowly, slowly but worked and climbing from the shown area. Current profit 42% Before: After:https://www.tradingview.com/x/qRJaz6rI/ As we summarise this journey through the past two years of market analysis and stock picking, it's clear that the power of technical analysis has been a guiding force in achieving remarkable results. As said, these chartings are made solely based on technical analysis but if you add here a bit of fundamentals then these results can be much better. Probably would have avoided some losses. If possible, always use both analyses. Let this post prove to you that technical analysis works in most cases and helps you find good entry points. These areas act like magnets. Sooner or later the price will still reach these levels. I like this saying a lot and I will end my post with it: fundamental analysis tells you what to buy, technical analysis tells you when to buy! Hopefully, you liked this post, learned something from it and if it isn't too much to ask then which one was your favorite? Take care & happy trading, Vaido
NASDAQ:TSLALong
by VaidoVeek
2
META Is it a BUY again?Meta Platforms (META) hit our $320.00 target after our most recent November 19 call (see char below) following a clear rejection on the Higher Highs trend-line: The stock has since held the 1D MA50 (blue trend-line) as its short-term Support and turned into a buy again. The short-term target is still limited to the Higher Highs trendline and in that sphere of logic, we will target $350 (Target 1). If however Support 1 (313.50) breaks, we might see another almost -16% decline, similar to the previous two bearish legs since July 28, which can test the 1D MA200 (orange trend-line). That will be the strongest buy opportunity on the medium-term and we will target again the Higher Highs trend-line at $360 (Target 2). Any candle closing above the Higher Highs trend-line will be an automatic bullish break-out signal, targeting straight the All Time High at $384.50. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, 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 us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
NASDAQ:METALong
by TradingShot
1
Meta Platforms Inc. Join Forces In Open AI Advocacy InitiativeMeta Platforms (NASDAQ:META) and International Business Machines (NYSE: IBM) have announced the formation of an AI Alliance, a coalition of over 50 AI companies and research institutions advocating for an open model of AI. The alliance, which includes notable members such as Intel INTC and the National Science Foundation, aims to pool resources for “open innovation and open science” in AI, The Wall Street Journal reported. The majority of the members are proponents of open-source tech, which involves freely shared technology and a history of collaboration among Big Tech, academia, and independent coders. IBM and Meta have been working together since August to form this alliance. Darío Gil, senior vice president at IBM and director of IBM Research, expressed dissatisfaction with the AI discussions over the past year, stating, “We did not feel that it reflected the diversity of the ecosystem that is making this AI moment possible.” Despite IBM’s AI history being tainted by the faltering of its Watson system, Gil said its new Watsonx system is a completely new platform. Similarly, Meta, despite some setbacks in AI development, is attempting to establish a foothold in the thriving AI market through its open-source AI system, Llama 2 AI model. The formation of the AI Alliance comes at a time when businesses are seeking more AI product providers to reduce the risk associated with single-vendor dependency. This need for a more distributed approach is something the AI Alliance aims to address. META Price Momentum META is trading near the top of its 52-week range and above its 200-day simple moving average. Investors have been pushing the share price higher, and the stock still appears to have upward momentum. This is a positive sign for the stock's future value.
NASDAQ:METALong
by DEXWireNews
Meta And IBM Launch AI Alliance Amid OpenAI ChallengesMeta and IBM formed an AI alliance to counter OpenAI dominance, reshaping AI's future with success hinging on execution and safety commitment. In a strategic move to reshape the AI landscape, Meta Platforms and IBM have spearheaded the formation of the AI Alliance, a coalition comprising over 50 leading artificial intelligence (AI) companies and research institutions. Notably, this alliance, born out of dissatisfaction with the one-sided discourse dominated by entities like OpenAI, is geared towards promoting open innovation and open science in the rapidly expanding AI domain. Unlocking the Power of Collective Innovation In a joint effort, Meta Platforms and IBM have orchestrated the birth of the AI Alliance, a collaborative force of over 50 influential players in the field of artificial intelligence, according to a WSJ report. Notably, this alliance, which boasts prominent members such as Intel, Oracle, Cornell University, and the National Science Foundation, aims to champion “open innovation and open science” in the realm of AI. Meanwhile, Dario Gil, IBM’s Senior Vice President and Director of IBM Research, voiced dissatisfaction with ongoing AI discussions, emphasizing the need for a more inclusive representation of the diverse ecosystem driving the current AI advancements. Gil acknowledged the overshadowing narrative led by generative AI since the advent of OpenAI’s ChatGPT a year ago. Unlike closed systems maintained by their creators, the AI Alliance is championing the cause of open-source technology, fostering collaboration among industry giants, academia, and independent programmers. Notably, many members of the alliance already possess their AI products but are striving to keep pace with the attention garnered by OpenAI and its partner, Microsoft. Shifting Tides in the AI Market As enterprises globally are projected to spend nearly $16 billion on generative AI solutions in 2023, the AI Alliance is strategically positioning itself to offer a more distributed and resilient alternative. Notably, the recent upheaval at OpenAI has prompted businesses to seek diversified providers, minimizing the risk associated with relying on a single vendor. Meanwhile, Meta’s foray into the open-source AI market through its Llama 2 AI model and IBM’s introduction of the Watsonx system underscore the alliance’s commitment to driving innovation. In addition, IBM’s Gil expressed the significance of adopting a decentralized approach, asserting that it enhances resilience by preventing any single institution from obstructing the success of the open engine. He stated, “This alternative method is more decentralized and robust.” The AI Alliance’s launch signifies a pivotal moment in the AI landscape. As businesses explore alternatives to mitigate risk, the alliance, with its emphasis on open innovation, stands as a compelling option. Meanwhile, Ritu Jyoti, Group Vice President of Worldwide AI at IDC, notes, “It will all depend on how well they execute it.” Meanwhile, the alliance’s focus on areas like regulation and safety, with plans to release a benchmarking tool for AI safety and model validation, further solidifies its commitment to reshaping the future of AI through collective effort.
NASDAQ:METALong
by DEXWireNews
🔴 META PLATFORM: Daily Technical Analysis & SetupHi Traders! From a technical point of view, NASDAQ:META is very interesting for Day Traders, but at the same time it could also give some opportunities to Aggressive Traders (Intraday) in short term. Having said that, if we look at Daily Chart the trend is bullish in mid-long term, but in the short term we do not exclude a bearish consolidation before another rally. For Day Traders Setup is very simple, wait for pullback to take long position as shown on the chart. Money Management also seems interesting, with a risk of 2% we get a Risk/Return Ratio > 1:8 (not bad). 🔴 INTRADAY ANALYSIS How can we get to our Setup Area? ============================== Now we need to understand how META could reach our Setup Area, and it could do so simply in two ways: with a bullish scenario (Top and Impulsive Structure still in play) or with a bearish scenario (ABC Pattern in play), as shown on two chart below. Both of these two scenarios should be able to reach our setup area on the daily chart: Trade with care Like | Share | Comment
NASDAQ:METALong
by TheAnonymousBanker
5
META ( FACEBOOK) Rebound - Can the METAVERSE Follow?Facebook parent Meta’s first quarter profit and its count of daily users jumped past Wall Street’s expectations despite the company’s slowest revenue growth since going public a decade ago. Shares were up sharply in after-hours trading. Meta cut a sharp contrast with Google parent Alphabet, which on Monday reported what analysts called disappointing earnings, with profit below Wall Street’s expectations. Google also reported a revenue growth slowdown, but for Meta this appeared to have been mitigated by an increase in daily active users that “was enough to send the shorts covering and the stock surging,” so, good news from META, could the Real Metaverse be next? One Love, the FXPROFESSOR
NASDAQ:METALong
by FX_Professor
Nvidia Tesla Microsoft Google Apple Amazon Meta AnalysisNvidia Tesla Microsoft Google Apple Amazon Meta Analysis | Support & Resistance Guide 00:00 QQQ Forecast 05:46 Sp500 ETF analysis 08:03 Nvidia Stock NVDA Forecast Technical Analysis 09:23 Tesla Stock TSLA Forecast Technical Analysis 11:12 Apple Stock AAPL Forecast Technical Analysis 13:03 Amazon Stock AMZN Forecast Technical Analysis 14:00 Google Stock GOOGL Forecast Technical Analysis 15:49 Microsoft Stock MSFT Forecast Technical Analysis 17:32 Meta Forecast Technical Analysis
NASDAQ:QQQLong
by ArcadiaTrading
Wave of the day:META Possible false breakout in NASDAQ:META .It is not quite in place because the price is not below the top price from summer. But if we get there below the dotted line on my graph we have a false breakout in Meta. 3 reasons why: RSI Divergence MACD Lines Divergence MACD Histogram Divergence. Even though is not a pure divergence yet, we can compare the power of the bulls in summer with the power of the bulls now. Not a great sight! What stock caught your eyes? Please leave a comment below and I will take a look next time. Legal Disclaimer: The information presented in this analysis is solely for informational and educational purposes and does not serve as financial advice.
NASDAQ:META
by WavesInvesting
🚨♾Meta Platforms(META)♾ will Go Down at least ➖20%🚨🏃‍♂️♾ Meta Platforms(META) ♾ is moving near the 🔴 Resistance zone($332-$315) 🔴. 💡Also, we can see Regular Divergence (RD-) between two consecutive peaks . In terms of Elliott wave theory , the Meta Platforms(META) seem to have completed the main wave 3 at the 🔴 Resistance zone($332-$315) 🔴 with the help of the Expanding Ending Diagonal Pattern . 🌊It is interesting to note that in the middle of main wave 3 , the main Bullish Long Island Pattern can be seen, which confirms our wave count. 🔔I expect the Meta Platforms(META) to lose at least ➖20% of its value after breaking the lower line of the Expanding Ending Diagonal and reaching the 🟡 Price Reversal Zones(PRZ) 🟡, Support line(1) and 🔵 200_SMA(Weekly) 🔵. 📚If you want to know about the types of Gaps , you can read the following article.👇 Meta Platforms( METAUSD) Analyze, Daily time frame⏰. 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.
NASDAQ:METAShort
by pejman_zwin
20
A Positive View on META Platforms Inc. Meta Platforms (NASDAQ:META) and has recently revised the price target from $380 to $435, highlighting its innovative approach, integration of artificial intelligence, and strong financial standing as key drivers of growth. One of the factors contributing to this positive sentiment is Meta Platforms’ recent initiatives, such as the launch of the Threads app, which is viewed as a catalyst for future growth. These developments have further solidified financial institutions that Meta Platforms is a strong buy, with a promising outlook for its future performance. META's Positive Outlook META’s market capitalization stands at an impressive $858.8 billion, highlighting its prominence in the technology services sector. Despite a challenging year for the company, with a negative earnings growth of -38.26% in the previous year, META has shown resilience and is projected to experience a positive earnings growth of +40.43% this year. Looking ahead, the company is expected to maintain a steady earnings growth of +20.88% over the next five years. In terms of revenue growth, META experienced a decline of -1.12% in the previous year. However, the company’s strong market position and potential for growth are evident from its financial indicators. META’s price-to-earnings (P/E) ratio stands at 30.1, indicating that investors are willing to pay a premium for the company’s future earnings. The price-to-sales ratio of 2.79 and price-to-book ratio of 6.95 further reflect the market’s positive sentiment towards META’s prospects. Taking a broader perspective, META operates in the technology services sector, specifically in the internet software/services industry. As a leader in this industry, META has established its corporate headquarters in Menlo Park, California, a hub for technological innovation. Despite challenges in the past, META is expected to experience significant earnings growth this year and maintain a steady growth trajectory over the next five years. As a prominent player in the technology services sector, META’s stock performance is influenced by broader market movements and sentiment. Investors and analysts will eagerly await the next reporting date to gain further insights into META’s financial performance and growth potential.
NASDAQ:METALong
by DEXWireNews
META Buy only if this trend-line breaks.Meta Platforms (META) hit last week the top (Higher Highs trend-line) of the Ascending Triangle pattern after breaking the previous High (Resistance 1 at 330.00). This is so far the peak of the technical rally and we will buy only after 1D MA50 (blue trend-line) pull-back (1D RSI ideally on the Support Zone) or if the price closes a 1D candle above the Higher Highs trend-line first. In both cases, the bullish target will be 384.50. Until though the Higher Highs trend-line breaks, we will be selling, targeting 320.00. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, 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 us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
NASDAQ:META
by TradingShot
4
🤖 Meta's Latest Reveal: Advanced Generative AI Meta has recently introduced two artificial intelligence models, Emu Video and Emu Edit. Emu Video specializes in generating brief 4-second videos from textual descriptions or initial images, while Emu Edit focuses on detailed image editing capabilities. Meta explains that Emu Video uses a bifurcated approach, initially generating images from text, followed by stitching these into a seamless video. Emu Edit, with its capabilities to modify backgrounds, change object colors, and introduce new elements, was developed using a specially created dataset of 10 million synthesized images. "Unlike many generative AI models today, Emu Edit precisely follows instructions, ensuring that pixels in the input image unrelated to the instructions remain untouched," the company stated. These new models are envisioned by developers as versatile tools for creativity, useful for artists, animators, and everyday users alike. However, at this stage, they represent an exploration of the possibilities in machine learning. Price Momentum META is trading near the top of its 52-week range and above its 200-day simple moving average. What does this mean? Investors have been pushing the share price higher, and the stock still appears to have upward momentum. This is a positive sign for the stock's future value.
NASDAQ:METALong
by DEXWireNews
1
Meta Stocks on the Rise! A Golden Opportunity for Traders! 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 experts, it seems like there has never been a better time to long Meta stocks. The impressive rise and consistent bullish trend indicate that Meta stocks are poised for substantial gains in the foreseeable future. By investing in Meta stocks now, you are positioning yourself to benefit from the tremendous growth opportunities that lie ahead. With Wall Street's increasing confidence in Meta stocks, it's crucial to seize this golden opportunity before it passes by. I invite each one of you to carefully consider adding Meta stocks to your portfolio and capitalize on the remarkable financial prospects it offers. Remember, fortune favors the bold and those who dare to seize incredible opportunities. Join the ranks of smart traders who have already recognized Meta stocks' value and growth potential. In conclusion, Meta stocks have proven to be a powerful force in the financial market, with Wall Street's increasing investment further attesting to its potential. Don't miss out on this lucrative chance to grow your portfolio and achieve financial success. Should you have any questions, or require further data regarding Meta stocks, please do not hesitate to comment below.
PYTH:METALong
by bryandowningqln
1