META Meta Platforms Options Ahead Of EarningsIf 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.
Metaverse
META Important Milestone!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 of the company.
2. Competition like Google's Youtube and ByteDance's Tiktok is catching up and overtaking META
3. New Apple (AAPL) IOS changes, which made META's data collection process much harder, has and will adversely affect its ad revenue (which is 98+% of its total revenue)
---------- Specifically, the IOS change requires META to get the user's permission to collect data for Ads. Until now, data shows that only 33% of users allow META to collect their data for more personalized ads. I think you can see how this affects Ad revenue.
Thus, the "metaverse" is the only thing that may/may not save META from its inevitable doom. However, that means that:
1. The metaverse needs to develop in the years ahead, and not just stay at a gaming level
2. META must have enough cash to fund research into the metaverse
3. It must dominate the metaverse industry
Although I personally think that META is a lost cause, I choose not to label this as "#METAshort" because I think all investor have their own opinions. Here are some good points about META:
1. 10 P/E ratio (lower than S&P 500 average
2. META's adaptability
3. Technicals? (Not seen yet)
I choose to write this now because META's Q3 results are tomorrow and are key to how META's stock and the metaverse will develop in the future.
Anyway, thats all for my idea. Please leave a comment and boost this idea so it can go out to other investors! 😊
P.S. Someone give me coins :)
META staging a short-term rally. Long-term levels to consider.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 Falling Wedge. We may also see a slight break-out as the Bullish Divergence spotted on the 1D RSI was last seen on the March 14 Low and a +27.50% rebound followed. If this is replication, the price can reach roughly 157.00, which is where the 1D MA100 (green trend-line) is currently sitting. That is the medium-term Resistance as it has been unbroken since December 30 2021, so basically for the whole 2022. A break above it would target the 1D MA200 (orange trend-line), which is the barrier that distinguishes the bearish from the bullish trend long-term.
On the flip-side, if META closes below the bottom (Lower Lows trend-line) of the Falling Wedge, expect a sharp drop to the 1.5 Fibonacci extension (92.70).
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SAND still in a downtrend. Potential double bottom?The whole metaverse story is still underperforming in an already weak market. SAND still in a clear downtrend, no sign of strength yet.
*If* we break above 0.842 the recent low might turn out to be a potential double bottom and we could as a first step see a run up to 1.35. Otherwise I expect continuation to the downside.
META Time TO BUY SAFELY AS FOLLOWS with a Margin of SAFETYGet the META Stock at a discount or get a safe income by selling Deep Out Of the Money Puts:
** Background as of today META is rebounding to 134 but with FOMC November/December and mid terms, things could drop fast for META to 110-100 area. I want to structure a trade to take advantage of the current premiums regardless of what the market does - as long you are comfortable with the below outcomes.
Sell DOTM 100 Strike June Puts for $8
Two Possible Outcomes:
a) Price is at or below 100 at expiration - I get the stock for a long term at better than my target price 111 support. If assigned, the cost basis will be $100 - $8 = $92 which is a great price to own META for the long term
b) Price is above the $100 strike price at expiration - I make income from the credit receive $8 / $100 = 8% ROI for 9 months which annualized is over 10.55% .
The trade also gives you a Safety of Margin should the entire market continues down as follows current price $133.6 - $92 (assignment Cost)= $41.6 dollar buffer for a stock I want to own and keep long term
As you can see neither is a bad outcome they are both acceptable for the cash invested..
Hope this helps
Take care Marc
AMD going after 2020 H&S that was ignored due to tech bubbleAMD formed a H&S topping pattern & has since broke below 100 psychological level & the neckline. It wants to retest 75, the neckline of a 2020 H&S that was bypassed because of the tech bubble. If the 75 neckline does not hold, the measured move may see a low of 49 or even a little lower.( due to the bigger H&S from ATH)
However, it will be good to start averaging down in the 64 to 49 zone because of the many Fib levels in
this area which may offer support.
Shortterm bearish but longterm bullish. Semi-conductor & memory chips will benefit from the gaming, Metaverse, AI, Automation & EV boom.
Not trading advice
MANAUSDT/D 💁🏼♀️HI
The price in the range of the box that I specified is suffering between the range of 0.67 / 0.74 the important resistance range of 0.74❗️ for a positive trend, it should stabilize above the resistance range.
According to the downward trend of the market, if we consider a downward scenario, the price can be corrected up to the ranges of 0.60/0.63. ❗️ You have to see if the price shows a reaction to this area that I specified. ❗️
what do you think about it?🙂 sell or buy?
📆✨8/10/2022✨
💁🏻✨ @MehrnaziJiTrading_crypto✨
⚡️ #MANA/BTC - Potential 125% - Long ⚡️⚡️ #MANA/BTC - Potential 125% - Long ⚡️
#TRADEIDEA
Entry Conditions:
- Bullish Divergence
- Wave Reversal
- Nearing Bottom Of Trendline Support
- Descending Wedge
- Oversold
All targets & analysis displayed on chart
*These trade ideas are not tracked or official trades
$BTC 6H TA : 10.06.22 (NEW) Important supports are , $19,500 to $19,740 and $19,055 to $19,200 , respectively! The previous analysis is still valid!
Follow me for more analysis & Feel free to ask any questions you have, I'm here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 10.06.2022
⚠️(DYOR)
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META BEAR FLAG OTW. Bearish on $META below 137 until 123 unless break AND hold above 143. $VIX is also showing bullish context to comfirm this $META bear flag (failure to go lower) @ Weekly level 137. Would take majority of profit off the table at $128.71 because their may be a pullback to retest around 135.
$META - FACEBOOK - FALLING WEDGE - CAPITULATION where to next?Still on track.
This chart has been the most requested in DMs for updates.
I believe META will continue its growth in the future as the METAVERSE expands and come out as a front runner in 2023.
For now we can see the declining selling volume.
Clear as day capitulation marked on the charts.
We will have it rough on the markets until the end of the year, I view this as huge OPPERTUNITY. NO FEAR!
$Meta will reduce its workforce for the first time since 2004 and it slashed the budget for its team salary.
Expanding their data center in UTAH.
Switched up their marketplace (more profits from ads from car dealers).
You can share NFTs on Facebook & Insta.
New android Chromium-web view.
New tools for creators.
I did SLIGHTLY (like barley) pivot the lower trend on the falling wedge - with more data printing daily it was necessary and now the line has been tapped multiple times for confidence.
Meta will be one of the top stocks ill be accumulating in my portfolio on the dips. This will be a long term hold for me, I will use options for day and swing trades.
If you do choose options please keep in mind to buy extended time (although more pricey) this chop is algorithmically created to burn Theta out of contracts.
(Full disclosure) If we do get a OCTOBER pump, not going to lie, I will probably sell out and buy the dip continuously afterwards.
NOBODY can predict every top and bottom, this is why the DCA (Dollar Cross Averaging) Method is widely used to ride the waves.
GOODLUCK traders!
blok be prepare for the bear blocktopia a very interesting project but with a bad tokenomics ( actual supply 21b tkns in circulation / max supply 200b)
is normally projects with too much inflation going down and more in the bear markets the truth is this projects are the 20X in the bull markets but are too risky BE CAREFUL you can lose too much money
META Buy signal within the Falling Wedge.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 MA50 (blue trend-line) and the top of the Falling Wedge.
* A break above the 1D MA100 (green trend-line), which has been untouched since December 30 2021, can extend the uptrend on the medium-term towards the 1D MA200 (orange trend-line).
* A break above the 1D MA200, which has been untouched since January 06 2022, can be enough to restore the bullish trend on the long-term.
* A break below the Falling Wedge, can accelerate the selling targeting the 1.5 Fibonacci extension.
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-------------------------------------------------------------------------------
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META EASY SCALPING IDEA $$$META has been in a constant downward wedge for the past 5 days, as you can see. It has been following the wedge precisely and is near maturity. I've included take profit signals for quick and easy profits, However, a stop loss of 1-2 $ below the wedge should be added in case it breaks apart.
META Growth is Building Global Expansion and Adoption.META is down 64.50% from it's All Time Highs and reaching an area where we like the potential for some basing price action. We could get a spike well into our Target areas of 142.32 with some profit taking and another chance of potentially retracing to our 139.11 for developing into the counter trend Day 1 reversal and confirmation.
At our Firm, we've adopted the metaverse and virtual world with complements into our AI framework. Another to watch with META is RBLX.
I've been watching SPX and SPY (charts below) and have been nibbling on Semiconductor stocks. There is going to be upward 'back-filling' in that direction.
September 22 BTCUSD BingX Chart Analysis and Today's HeadlineBingX’s Bitcoin Chart
The Federal Reserve announced it was raising its key rate by another 0.75 percentage points, lifting the target range to 3% to 3.25%. Bitcoin is down 2.75% over the last 24 hours and fell to an intraday low of $18,125.98. The largest cryptocurrency dropped alongside the traditional equity market as the Fed hiked rates by another 75 basis points, and the Fed Chair Jerome Powell projected another 125 basis points increase before the end of the year. Higher rates are likely to have a negative impact on the risky assets such as cryptocurrency and stocks markets, and the BTC price could drop further.
Today’s Cryptocurrency Headline
Nvidia Launches Metaverse Cloud Service Product Omniverse
Nvidia has announced the launch of Nvidia Cloud Omniverse, designed to accelerate the global adoption of the metaverse. The Nvidia Cloud Omniverse is a software and infrastructure-as-a-service product created to enable artists, developers and enterprise teams to design, publish, operate and experience metaverse applications anywhere. According to Nvidia, Omniverse Cloud services run on the Omniverse Cloud Computer, a global-scale distributed data center network for delivering high-performance, low-latency metaverse graphics at the edge.
Disclaimer: BingX does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. BingX is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the article.
BTC OverlookHere's my simple yet effective outlook on BTC.
We've hit the 3rd touch of the trend line
Obvious current support is around 18.5-18000. a breach below and we will see the fear stage kick in where BTC flushes down to next support
next support is around 14-12k. here for me is the bottom and ill be buying my first whole BTC for a long term hold. although ETH will perform better this decade for sure.
thanks