The news of a 11k jobs cut had an immediate bullish impact on the Meta Platforms Inc (META) stock, helping it break above the 100.00 barrier again. Today's much lower than expected CPI number is also adding fuel on this rally but can those alone push the price out of the death spiral it has been since January in particular? Well technically the November 03 drop...
Yesterday, the price of Meta platform stock crashed nearly 20% after the close when the company reported its earnings for the third quarter of 2022. With its abysmal report, Meta joined the party of underperforming companies in the current earning season. Revenue was down 4% from a year earlier, while costs and expenses rose 19%. Revenue = 27.71 billion USD (-4%...
If you haven`t sold META last year: Or at least when it approached our Buy area: Then you should know that looking at the META Meta Platforms options chain, i would buy the $135 strike price Calls with 2022-11-11 expiration date for about $6.75 premium. Looking forward to read your opinion about it.
As you know, I am a long term investor. Thus, I usually buy stocks for the long term, and never short any equities due to shorting's unlimited risk. With a P/E ratio of 10, it would be reasonable to think that META is a good bargain considering its status as a social media giant. However: 1. META's Userbase is declining, something never seen before in the history...
Meta Platforms (META) are on a three day bullish streak following favorable group fundamentals and is rebounding off the bottom (Lower Lows trend-line) of the Falling Wedge pattern it has been trading in since February price collapse. The short-term target is technically the 1D MA50 (blue trend-line), which is just below the top (Lower Highs trend-line) of the...
I don`t know if you remember our Buy area here: Now META Platforms reached our buy area and it`s ready for a technical rebound from the oversold level! My price target is $154. Looking forward to read your opinion about it.
The Meta Platforms (META) have been trading within a Falling Wedge pattern since the April 05 High. After that we've had two Lower Lows and two Lower Highs. On Tuesday the stock came to its closest to the Lower Lows trend-line since June 23. As the 1D RSI breached the 30.000 oversold barrier, we have a strong short-term buy signal in our hands, targeting the 1D...
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,...
Through the falling wedge, there could be a bullish movement. If the stock price break above the resistance(red line) and we see a volume surge confirming the real breakout, then it might be a good entry for long.
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...
Not a pretty picture for FB/META, unless a much better than expected Financial report? I'm looking at downtrend towards $120, then looking at $165 resistance level . META has a long way to go to uptrend?
Meta Platforms, the tech giant formerly known as Facebook, has lost more than 50% of its market value this year as investors have been concerned about its slowing growth and polar plans. The broader sell-off in the tech sector, which was largely driven by rising interest rates and other macroeconomic factors, has only exacerbated the problem. But did investors...
The statistics are between $238 - $295(1 Year) Why not wait, because we know it will be back as it is a powerful & interesting company. They are progressing with a whole new age of tech adoption, involving high take-up of its VR headsets, as well as the AR glasses product. Once it launches its new products it will create a big Wave and a Higher High for sure....
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,...
Hi Everyone, Looking for Short-Side after the break of the trend line. Entry= 201 Stop= 237 T.P.1= 175 T.P.1= 150 If not Look at the resistance for a Short opportunity. Goodbye and Good Trading!!!
If you haven`t shorted FB at $340: Then you should know that after the SNAP guidance warning, Facebook could face the same problem! My first price target is $162. Looking forward to read your opinion about it.
Pattern looks complete to me. A deep wave 4 with a triangle in B and a deep 5-segment C wave.
If you haven`t sold at the time of this article, at $337: Them you should know that FB Meta Platforms had 150.1K Calls and only 13.9K Puts last Friday, which makes me consider the $239 resistance soon. Looking forward to read your opinion about it.