MASK target $15MASK is a good project in its field and is a driving force for the field of Social. We recently saw a strong Dump and a great response from 50 EMA. I wouldn't wait for exorbitant targets, and I would make $15 as the main exit point. If the $4.74 mark is crossed, the upside will begin to surge!
Best regards, Horban Brothers!
Socialmedia
META can turn bearish if it fails to break this Channel.Our previous call on Meta Platforms (META) was on July 26 (see chart below), almost 4 months ago when we gave a strong long-term buy signal on the 1D MA200 (orange trend-line):
Despite the excellent timing of the call, we has seen in the past 30 days that the price action has diverged from the model and the current Bullish Leg of the Channel Up isn't as strong as the previous two inside a 2 year span that each rose by +95%.
The price has instead turned sideways, mimicking the price action of the two Accumulation Phases that emerged after each of the Bullish Legs topped. The 1D RSI being on a Bearish Divergence (Channel Down already) technically agrees with that, so if you followed our July buy call, it might be best to book the handsome profit now and wait.
What to wait for? Well it all depends on a new pattern that has emerged, a Diverging Channel Up (dashed trend-lines). As long as the price is trading inside it, there is greater probability to give us a lower buy entry near the 1D MA200 (orange trend-line) again. In that case we will take it and target the top of the Diverging Channel Up at $660.
In the event that the price breaks above the Diverging Channel Up, we will buy the bullish break-out and pursuit the previous $800 Target as that would mean that the original 2-year Channel Up remains the underlying pattern dictating the long-term movement of the stock.
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Meta: Buy Opportunity with Strong Short & Medium Term SignalsMeta Platforms NASDAQ:META (META) is on track to hit new record highs at $610, and the short- and medium-term technical indicators suggest a strong buying opportunity. Here’s why:
In the 2-hour and 4-hour timeframes, several key indicators are flashing buy signals: The Exponential Moving Averages (10, 20, 30, and 50) across both timeframes are all signaling bullish momentum, indicating upward strength.
In the 4-hour chart, Momentum (10) is positive, and Bull Bear Power is also supporting further gains. While there’s a MACD Sell signal, it’s outweighed by the overall uptrend across multiple moving averages.
In the 2-hour chart, the MACD Level has switched to Buy, and the Volume Weighted Moving Average (VWMA) is also bullish, suggesting growing strength in the short term.
In the daily timeframe, Meta shows even more confirmation for a bullish stance: Most of the key Moving Averages (EMA 10, 20, 30, 50) are aligned with continued upside, supporting a sustained uptrend. The MACD and Momentum indicators show some divergence, but overall the market remains tilted in favor of a bullish outcome, with price action well above the 100 and 200-day moving averages.
Risk-Reward Setup: The combination of buy signals in both short and medium-term charts presents a favorable risk-reward setup. Meta’s strong uptrend suggests a continuation toward new highs, while the technicals back a bullish bias with several layers of confirmation. However, caution should be exercised with short-term volatility, but the overall trend still supports the case for a long position.
Considering these factors, entering long positions with a target at $610 offers a compelling opportunity to ride the momentum of one of the tech market leaders.
Disclaimer: This content is for informational purposes only and should not be considered as financial or investment advice.
Crypto's Bullish Talk, Bearish Trades: A Swarm Intelligence AlgoHello,
Artificial Swarm Intelligence
I wrote an Artificial Swarm Intelligence algorithm to run on popular prediction platforms, and Swarm AI reported more than 80% of traders believe in a BTC crash. That's strange because the same algorithm on social media wrote that BTC was a trending topic. Everybody talks about Satoshi Nakamoto, and these talks often diverge into bullish ideas about BTC. According to the swarm, people claim to believe in a bullish outcome for BTC, but they trade to expect a bearish future. I leave the conclusion to you. Who to believe, what people say, or what people trade? And will people lose, or will they make a self-fulfilling prophecy?
Technical Analytics
Technically, MACD demonstrated bearish power until 05 August and slightly weakening bullish momentum by 28 September. At the moment, however, both sides seem powerful. Since 01 October, there's been a bearish cross on MACD, but recently, bears haven't picked up the momentum.
Conclusion
I'd wait until one of the sides starts to exhaust itself before making a trade. The setup suggests possible targets in the white zone, but also that the market can become volatile. If I traded now, I'd use strict stop losses.
Regards,
Ely
Meta Platforms - Flying under the radar...NASDAQ:META just rallied +500% without any correction and might create a top formation soon.
Sometimes the trading gods are sending us gifts from heaven. We received such a gift back in 2022 when Meta Platforms - out of nowhere - corrected -70% and perfectly retested the lower support of the reverse triangle formation. After the +500% rally from there, it is quite likely that we will see a short term retracement. But the overall trend is still clearly towards the upside!
Levels to watch: $530
Keep your long term vision,
Philip - BasicTrading
Social Media - and its danger!Social Media... the part of the Internet that is very dangerous when it comes to promises, money, and wealth.
We've all seen it: on social media, you can supposedly make millions in under 15 minutes. Pictures with a Lamborghini and a TradingView chart above it...
Let's go through some thoughts new traders may not be aware of and how to look at them with a critical mind!
(🚩 -> Red Flag)
📍 MetaTrader / Think or Swim / NinjaTrader / cTrader 📍
There are more, but let's focus on the more popular ones.
Pictures of winning trades are useless when it comes to trading. Trading is done over years in a consistent manner, not over a few trades.
Pictures of MT5, NT, or any other platform can easily be faked.
You can set up your own little server for MetaTrader, play it out, and you have your fake trades.
📍 Fancy Cars / Travels / Houses 📍
Showing a fancy lifestyle is another big 🚩.
All those people with fancy cars have leased or rented them for the image of being successful. It's to lure you in with false promises!
(Although trading can be very fulfilling if you are willing to put in the work!)
📍 New Setup Every Few Weeks 📍
If a channel has a new setup every few weeks, this is only made for scamming new traders, not to have a setup that works.
(Think about it, if you have a setup that works, why would you change?)
Explore their profile, look for this pattern, and sometimes you will find it. Simple step :)
📍 Selling Courses / Mentorship 📍
You can learn all of trading for free.
TradingView has a very nice paper trading feature that you can use and a very unique ideas section where you can find all the information you need!
Here we come to a golden rule when it comes to starting trading: NEVER buy a course or mentorship. Never! You don't need it!
(And also, TradingView's paper trading is free!)
📍 Very Basic Information Available Only 📍
Trading is hard; trading needs a lot of concepts fitting together like RR-System, Money Management, Multi-Timeframe Analysis.
If you see a social media post with 1 chart with some boxes and another picture with a money screenshot, this is 100% fake.
You need A LOT more than 1 chart and a lot more knowledge than you can ever show on even 3 charts.
📍 AI 📍
Oh, we all love AI, but I'm afraid that AI is not in the picture (yet).
Pine can't code it, and the current state of "AI" is a "guessing" game.
(AI just guesses what comes next, in the form of vectors... it's extremely complex, but it doesn't exist in trading.)
📍 Indicators 📍
Indicators are a very nice thing to have AFTER you have your strategy down, not before.
There is no indicator that works on its own; you plug it in and it makes money... that doesn't exist!
(Think about it critically: if that existed, why wouldn't we solve world hunger?)
📍 Typical Selling Point Sentences 📍
"Learn trading in 15 minutes" or "This is all you need" or "Only trade for 10 minutes a day" are the typical scam titles that you see, and with those, you know 100% they are fake.
Trading is not done in 15 minutes, trading is hard work, and trading takes a long time to learn. There are no shortcuts.
📍 Things You Can Ask Them 📍
Typically speaking, they will not answer any of these questions because they can't.
Like "How do you calculate your position size with your current RR setup?" This means they studied this, and you can be sure they didn't :)
Or "How does leverage exactly work?" and like 99.99% of the YouTubers got it wrong.
But a very nice thing to ask is a simple "Can I have a broker statement of your account?" and boom, they are gone.
🏆 Golden Rules 🏆
Never buy anything (you can learn 100% everything for free).
Ask critical questions and follow up on them.
Trading is hard; there is no 15-minute setup.
Trading can't be 100% automated.
META: TikTok-Induced Correction Afoot It looks like NASDAQ:META has found a meaningful top as more technical signals agree a short setup has formed.
Three significant trendlines have been broken, and today a significant fib retracement level was neatly rejected as TikTok drama continues its inevitable path of escalation.
It's tempting to immediately target the gap below, but there is a POC on the 4H that is perfectly confluent with the .786 fib retracement level that I would expect to act as a strong support level temporarily.
Technicals aside, META will certainly get caught in crossfire of some sort from further regulation of social media. Social media companies will likely struggle in sympathy as the situation continues maturing.
With an extraordinarily overheated macro backdrop, and an incredibly delicate geopolitical landscape, NASDAQ:META is liable to be put under additional pressure on its decline.
Reddit Braves Wall Street with 48% Pop in Debut. When Growth?Traders upvoted Reddit’s IPO but can the buzzing social media platform earn its stripes as a public company now?
Table of Contents:
⦿ Reddit Surges in Public Market Kickoff
⦿ If Wall Street Bought, Should You?
⦿ Reddit Stacked Up Against Rivals
⦿ Ad Posts Looking Like User Posts?
⦿ Bottom Line
📍 Reddit Surges in Public Market Kickoff
Reddit (ticker: RDDT ) stepped into the public-market space this week with a flashy and splashy IPO (initial public offering) in New York that chalked up a 48% gain on its debut day. The listing was met with lots of cheer from Wall Street as it was the biggest one for a social media company since Pinterest hit exchanges in 2019.
Shares of Reddit surged to $47 out of the gate to make its first deals at a 38% premium to the company’s IPO price of $34 a share. Valuation soared to $9.5 billion by the end of the session when shares closed at just over $50 a pop.
Reddit’s listing day with the Snoo—the website’s official mascot. Source: Reddit.
By the looks of it, investors upvoted Reddit—a chat-room powerhouse and a stalwart of community-based culture venues sprawling from cat-praising r/CatsInSinks and owl-loving r/Superbowl to the intimidating trading hub r/wallstreetbets that bankrupted GameStop short-seller Melvin Capital.
📍 If Wall Street Bought, Should You?
So the question is, if Wall Street scooped up Reddit shares… should you?
Let’s take a behind-the-curtain look at Reddit’s business model.
It’s been three years of trying for Reddit to get listed on the New York Stock Exchange. Finally, it issued 22 million shares for flotation, of which 8%—or 1.8 million—were reserved for friends, family and volunteer moderators. Those are unpaid users who make sure all the online communities are running smoothly. And they are also the content creators, because—unlike Netflix (ticker: NFLX ) or Spotify (ticker: SPOT )—Reddit doesn’t pay for its content.
The platform boasts roughly 73 million daily active users spread across 100,000 online chat rooms, or “subreddits.” Despite the wide reach and 19 years of existence, the platform has never seen what a profitable year looks like.
Its revenue comes predominantly from selling ads to companies who paid $804 million last year while the bottom line arrived at a $91 million loss. The revenue figure was a 20% increase from the $668 million picked up in 2022.
📍 Reddit Stacked Up Against Rivals
And while revenue growth can be seen along the years, investors are betting that Reddit will ultimately catch up to the big shots in the social-media space. When Meta (ticker: META ), formerly Facebook, kicked off its public endeavors in 2012, it soaked up a market value of $104 billion and raised $ $16 billion for its IPO. Elon Musk’s X Corp, formerly Twitter, landed its first public deals at a $14 billion valuation, having raised $1.8 billion. In comparison, Reddit raised $748 million at an IPO valuation of $6.4 billion.
Reddit carries the lowest valuation at IPO among social media peers.
📍 Ad Posts Looking Like User Posts?
Against that backdrop, Reddit is taking a sketchy approach to bolstering its ad sales. Apparently, the folks at the upper echelons of the company decided it’s a good idea to make ad posts look exactly like user posts . The so-called “free form ads”, the company said, will mimic the popular user post type “megathread” and will “encourage users to deep dive into the topic at hand.”
The community, on the other hand, didn’t show much love to that new advertising strategy. “Enable comments on ads, you cowards,” said one Reddit user while related threads were loaded with users’ comments of disapproval.
📍 Bottom Line
And there you have it, 19 years of posts, 100,000 subreddits, and 73 million users who churn out all the content and self-sustain operations. Reddit gave us the meme stock craze back in 2021. Is it going to give us a rerun of the stock frenzy with its own shares this time? Or will the folks at r/wallstreetbets flip the script and short it?
💬 Let us know your thoughts in the comment section below!
Don't want to miss any of our articles and be notified when a new one is released? Give us a follow!
75: Reddit A Game-Changer in the Social Media Market?As Reddit prepares for its highly anticipated initial public offering (IPO), investors are buzzing with excitement. With Meta (formerly Facebook) currently dominating the social media sector, Reddit's entry promises to shake up the landscape.
Market Potential: Reddit's unique community-driven platform has garnered a massive following, making it a potential powerhouse in the social media realm. Its upcoming IPO signals confidence in its growth prospects and market potential.
Competition: While Meta remains the industry leader, Reddit's IPO could introduce healthy competition, driving innovation and benefiting users and investors alike.
Investment Consideration: As Reddit gears up for its IPO, investors are weighing the opportunity to participate in this dynamic market. With Meta's established dominance, Reddit presents an intriguing alternative for portfolio diversification and potential returns.
With Reddit's IPO on the horizon, the social media market is poised for disruption. Investors should closely monitor developments and consider Reddit's potential impact on the sector. Could Reddit emerge as a formidable competitor to Meta? Only time will tell.
META One more rally before correction.Meta Platforms (META) gave us an excellent bottom buy opportunity last time we looked at it (December 08 2023, see chart below) having hit already Target 1 (350.00) and currently going for Target 2 (384.50) following the Higher Highs break-out:
As long the Higher Highs trend-line holds, we expect a technical rejection at or slightly above the 384.50 All Time High (ATH) target and subsequent correction towards at least the 1D MA50 (blue trend-line). The last medium-term correction has been -8.70%, which gives us a minimum target of 351.00 on the downside.
If the decline extends, we can see a maximum (from a technical perspective) decline of around -15.75% (similar to October 26 and August 18 2023) that could test the 1D MA200 (orange trend-line) and will be the strongest long-term buy opportunity.
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DeSo - DESOUSDT - Ascending ChannelGreetings,
DeSo is one of our favorite coins for the upcoming bull run and it has been performing to justify that!
Currently it is in an ascending channel and trying to break out above. Previously $40 was a resistance but within the channel $40 has now become a support based on accumulation during past few days.
With Bitcoin ETF distraction now over, DeSo looks ready to grow. Once it crosses the $50 threshold, next few jumps should be faster until we get to $100 which will be a psychological resistance.
Please FOLLOW to stay up to date!
Note: This is not financial advise and shall only be used for educational and/or entertainment purpose. Please do your own research before investing. Crypto Markets are highly volatile and you are responsible for the risk of losing your entire investment.
SNAP The best short on the market.Snap Inc (SNAP) has been on an incredible rise since practically October 26, which was straight after the bottom on the Higher Lows trend-line of the 1-year Bullish Megaphone pattern. Technically that is the pattern's 4th bullish leg towards its top (Higher Highs trend-line). The price is very close to that level, which is also where the 1W MA100 (red trend-line) is waiting.
That is a trend-line that has been untouched for almost two years (January 04 2022). Obviously it is a major Resistance and coupled with the fact that the 1D RSI, besides touching its Higher Highs trend-line, is on the highest overbought level in three years (Oct 23 2020), makes a case for one of the strongest sell stock picks in the market.
All of the Megaphone's Higher Highs rejections have pulled-back to at least the 0.5 Fibonacci retracement level before a bounce. As a result, as long as we close the 1W candles below the 1W MA100, we are shorting Snap, targeting 12.00 (slightly above the 0.5 Fib).
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META Is it a buy again?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 approaching not just the bottom (Higher Lows trend-line) of the Bullish Megaphone, but also Support 1 (274.50).
What makes Meta a strong buy already is that the 1D RSI entered the Buy Zone, which is the area within the bottom of its Channel Down and the Support. As long as the 1D MA200 (orange trend-line) holds, buying some here and the rest at the bottom of the Bullish Megaphone is the most optimal approach for the medium-term.
As you can see, the price action follows very distinct time Cycles (dashed curves) and right now the new one is about to begin. Our target is the $384.50 All Time High of September 01 2021.
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SNAP - RECOVERY SCENARIOSnap's stock has been highly volatile, with over 42 moves exceeding 5% in the past year. Today's increase in share price suggests the market finds the news impactful but not transformative for the company. The most significant drop occurred six months ago when Snap reported disappointing first-quarter revenue, causing a 19.8% stock decline. SNAP faces company-specific challenges, as its peers in advertising and social media generally report stronger results.
Snap's stock has risen by 9.66% this year but is still 28.2% below its 52-week high of $13.51 in July 2023.
Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
$RUM - Breakout Imminent Retest ATH ComingI expect retest of 18.50 + level and New All Time Highs in 2023
See chart key indicators all lining up
resist. 10.43
resist. 10.17
resist. 10.03
supp 9.78
supp 9.45
Company is growth is phenomenal all metrics
KPI's
Active daily users ,, MAU, hours spent etc
If they can keep taking market share off Youtube could be a 100 dollar stock in making
Trading under 3 Bil (2.7) market cap provides a great opportunity for growth
Rumble's market cap is significantly smaller than Youtube's — by a rough factor of 79 times
How To: Share Chart Ideas on TradingView and across your socialsA few people asked about how to more easily share their ideas both within TradingView and across their social platforms. They'd been manually capturing and saving chart screenshots, which made me consider that many may not be aware of the existing built-in functionality for this purpose. Hence, I've put together a brief video guide for those who haven't yet discovered this handy feature.
Super simple and quick. Hope others find it useful :)
Target TGT Is it a buy or sell?TGT is presently selling off as a consequence of a social media retail boycott of sorts which
developed after the Bud Lite episode. In the meantime, it had decent earnings despite the
impending or present recession. The volume profiles show previously the highest volume of the
trading range was $ 155 but now it has fallen to $139. So should a trader consider the earnings
and buy this discount or instead pay attention to sentiment and short TGT?
META You were warned. This is a V-shaped recovery.Meta Platforms (META) stock is surging through the roof following the encouraging Fed outlook on future rate hikes and Zuckerberg's promises on stock buy-backs, cost cutting and focus on profitability.
We warned META was an excellent buy last month after closing two straight green monthly candles as well as back in November when we advised to buy at the bottom, an article that naturally made the Editor's Pick of TradingView:
Now that our $173 target got hit, which was calculated on the Inverse Head and Shoulders dynamics, we will again look at the even wider picture on the 1M time-frame:
The price has smashed through the 1W MA50 (blue trend-line) and the 0.5 Fibonacci retracement level and the next technical target is the 0.618 Fib, with the 1W MA200 (orange trend-line) right above it. We don't expect that to happen overnight but by the end of Q2 and of course there will be weekly pull-backs to take advantage of and the red 1W RSI overbought zone can really help estimating them as it has been extremely accurate since April 2019.
Then depending on whether or not the Fed pauses on its rate hike policy, we can see an end of the year rally above the 0.786 Fib, which by that time will have set in motion a complete gap fill on the $385 All Time High.
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$GROM - About To Break Out Look for move to 4-8 to startGROM indicators suggesting breakout move about to start
Here is the levels I expect to be tested and then eventually broken
resist. 8.17
resist. 6.56
resist. 5.69
resist. 4.50
resist. 3.15
GROM - Tiny OS Highest Short Interest = Short Squeeze ComingGROM has one of the highest reported short interests in the market it briefly squeezed from under 2 to around 4 this week
Then the shorts used the company doing a small 3 MIL offering to attack taking GROM down nearly 40 % on news
This shook many retail but let shorts win for the day, but I don't think this is an opportunity to pick up shares before the shorts get squeezed again
GROM now is left with what still is a relative tiny Shares Outstanding under 7 MIL
GROM now has plenty of cash to execute on its business and grow revenues and a clean balance sheet paid down debt interest
GROM has accomplished management with the connections to really grow this company
Do Your Own DD
SEE LINKEDIN
Jared Wolfson - CEO with some real nice connections
JAKKS Pacific, a leading designer, manufacturer, and marketer of toys and consumer products
Skyrocket Toys, Pacific Animation Partners, The Walt Disney Company, and Zag Entertainment
Russell Hicks, Chief Content Officer and President of Top Draw Animation
prior was with Nicklelodeon playing a key role on SpongeBob SquarePants, Henry Danger, and The Loud House
Prior worked Warner Bros. as VP of marketing for Cartoon Network, and produced content for Disney
Brent Watts was the creative force behind Will.i.am’s Wizards and Robots and award-winning title designs for films such as Lemony Snicket’s A Series of Unfortunate Events, and Universal’s Land of the Lost.
I went into this thinking this just as a trade but I after doing some digging I think this stock is going to be a huge winner for years and years .After it moves 100--500% on its next Squeeze I might just tuck away some shares for the long term
stocks moving just wanted to put my thoughts down before it moves up to much again
In summation I like this STOCK
META Simple Chart AnalysisMeta - Resistance 124 & 138. Support 112 area. Red chip are appearing more aggressive here. Individual may relook into this.
How to view the guidance via chart ( Refer back to pin message guidance if to trade )
Red Line = Support
Blue Line = Resistance
Light Blue = bullish/bearish pattern
Arrow = Double/Trip top/bottom
Red Chip = $$
Green Chip = XX