Two months since we gave a successful buy signal (see chart below) on Meta Platforms (META) and the stock is yet again found after an aggressive selling sequence: The (almost) 12-month long Bullish Megaphone may be still intact but this time the price dropped below both the 1D MA50 (blue trend-line) and the 1D MA100 (green trend-line). It is however...
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...
Meta Platforms / META is having a strong rebound off the 4hour MA200. A potential Wedge pattern attracts comparisons with the consolidation after the COVID recovery in 2020 and Trade Wars in 2019. Even in the event of a break out above the top of the Wedge, the price touched in both occasions the 1day MA200 before resuming the rally. Be ready to sell in around...
META is trading around the MA50 (1d) since the Sep 14th Lower High and seems to be acting as a Resistance. The long term trend is heavily bullish on a Rising Support and best depicted by the application of the Fibonacci Channel. However a Channel Down is emerging and as long as the Lower High holds, we expect one final dip to gather new long term buyers. Trading...
Meta Platforms has gone undeniably bullish on the 1D technical outlook (RSI = 60.788, MACD = 1.430, ADX = 35.245) as the price overcame the last known barrier, the 4H MA50 which has switched to the new Support throughout the whole week. The pattern that is standing out in the aftermath of this bullish breakout is an Inverse Head and Shoulders, which interestingly...
My name is Philip, I am a German swing-trader with 4+ years of trading experience and I only trade stocks , crypto , options and indices 🖥️ I only focus on the higher timeframes because this allows me to massively capitalize on the major market swings and cycles without getting caught up in the short term noise. This is how you build real long term...
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...
Zuc short going as planned, went in first 25% a little early but am 75% allocated around $320 average. Will throw in last 25% on a bounce here. Stops well into profit but plan on riding this until weekly stoch RSI bottoms. Not advise.
META Daily Price Chart META has been in a relatively straight uptrend since bottoming out in November of 2022 but has recently just touched a level of high resistance with increased selling volume. This rally has come with the three gaps theory (Highlighted White) beginning with the breakaway gap in February 2022 and ending with the exhaustion gap back in...
Crossing the elusive trillion-dollar valuation threshold is no small feat. As it stands, only a handful of corporations globally have achieved this remarkable milestone. The anticipation surrounding which companies might ascend to join this prestigious club adds an extra layer of intrigue to the financial landscape. Among the contenders vying for a spot are...
If you haven`t sold META here: Or reentered here: Then analyzing the options chain and chart patterns of META Platforms prior to the earnings report this week, I would consider purchasing the 290usd strike price Puts with an expiration date of 2024-1-19, for a premium of approximately $27.70. If these options prove to be profitable prior to the earnings...
META maintains the aggressive four month Channel Up on an overbought 1D timeframe (RSI = 73.991, MACD = 9.890, ADX = 37.410) that shows no signs of easing before the next Resistance and that is located at 328.00, which was the High of February 2nd 2022. After that the stock price plunged to 245 following the loss of investor confidence. It would appear that the...
Hi every one you can start accumulating meta plateform stock this is in the buy zone it going to all time high in this year so start buying best stock for investment minimum it gives 100 to 300% return before taking any action consult financial advisor
META is about to close the month on the 8th straight green candle, which is of course way beyond any rally in the company's history. Having broken even above the 0.786 Fibonacci level and turned the 1month MA50 into Support again, the question on everyone's mind is how far can the market extend this rally. Looking at its short history, all of Meta's rallies...
Hello Traders, welcome to this free and educational multi-timeframe technical analysis. On the weekly timeframe you can see that Meta stock started a crazy dump in September of 2021, dropping roughly 80% in a very short period of time but bounced back significantly. You can also see that the recovery started in October of 2022 and from there Meta created a rally...