Is Meta Stock A Buy Now?Meta Platforms stock FB has shown some strength lately after rebounding from $185 demand area, the upward move could hit $230 levels corresponding to 23.6% Fibonacci Retracement level.
The upward correction would be highly supported by both; the good volumes and the positive crossover on the Relative Strength indicator.
Finally, it's worth mentioning that Meta Platforms stock FB is one of 2022’s most beaten-down large cap tech stocks. After its February earnings release, it fell 26% in a single trading day, then proceeded to decline another 21% after that.
Stockstrading
GROM Social reversal targetsGrom Social Enterprises operates as a media, technology, and entertainment company that focuses on delivering content in the U.S.
On 1/13/2022 UBS Group Initiated Coverage of GROM with a Buy rating.
Back then the price was $1.8, now it`s half the price.
I think it can easily reach January's price and go even further, to $2.70.
Nifty Exclusive Fully Market analysis what will next move. ?#Nifty 50 Technical Analysis:-
₹Nifty50 currently trading around ₹16658
I am expecting this to be the Correction phase.
So don’t panic and wait for a Perfect entry.
I am expecting ₹14400 level.
Every time ₹Nifty always big corrections after the breakout.
2004 = -35% Correction after Breakout
2015 = -25% Correction after Breakout
2021 = Expecting -25% Correction
After breakout
Note :- Correction always takes 6-12 months time as per Previous data.
Support:- ₹14400 / ₹12400
Resistance:- ₹18000
What do you think of BABA?According to the latest 13F document disclosed by Hillhouse, the agency significantly reduced its holdings of many Chinese concept shares in the fourth quarter of last year. Among them, Alibaba was cleared.
Plus the whole stocks market is not positive, so it is predicted that BABA will continue to fall to 111. If investors still have confidence in BABA, 111 is the best entering point.
Rivian Stock RIVN Strength SignalsRivian stock RIVN has rallied 5.87% Wednesday to close at $64.53. The stock has shown some strength recently aiming for the downward trend’s reversal after confirming the formation of both; higher low, and a bottoming reversal pattern.
The stock RIVN could extend its rally hitting 23.60% Fibonacci retracement level that corresponds to the reversal pattern’s minimum target at $80.60 point on the short term.
$lmnd reporting good earnings?A recent wedge i've noticed in lemonade stock could show that lemonade will have a rise in price around the end of February. This will likely be due to better than expected earnings but in the absolute best case scenario would be due to a tesla partnership which was sort of danced around in the last earnings call.
SYK Stryker Corporation could rise to $280In my analysis, I use three layers:
fundamental
sentiment
technical
Fundamentally, the company is doing well: revenue and net profit are growing.
Sentiment: Most analysts are leaning towards the stock rising to $283.
Technical analysis: the price is at the lower border of the Bollinger Bands. She spent several days in consolidation. This is indicated by the increased volume. We are expecting growth.
Recommendations:
Buy above 250$
Stop order at $237
Profit target $275
Ferrari: the downside prevails as long 234.2 is resistance.The RSI is below its neutrality area at 50.
The MACD is below its signal line and negative.
The configuration is negative.
Moreover, the stock is trading under both its 20 and 50 day moving average (respectively at 226.445 and 228.974).
Our preference: The downside prevails as long as 234.2 is resistance.
Alternative scenario: The upside breakout of 234.2 would call for 243.2 and 248.7.
ALO Neutral: Longterm Waiting periodHello Reader,
The last call was quite good... Check by yourself, the related link below.
With this new post here:
The price entered a breathing period where it needs to gather and collect more orders in the market.
So i don't ride it but i find/suggest find other stocks which you are confortable with ! Don't touch #ALO for the moment.
In the today's chart:
The longterm overall bearishness trend momentum isn't finished yet ! :)
I expect a clear retracement in the 1Q and 2Q. A retracement reaching at the best trigger level is the option.
Meanwhile, i must abandon the Bearishness scenario, if the price stay above @ 36,00. It means the retracement wasn't for another bear leg, it's nicely a reversals. Then i focus on the Bullishness trend momentum.
The average bearish target couldn't extend @ 26,00 level as shown in the chart
.
Thanks for following and have nice trading session :)
AKR Capital
SP 500 Stocks Trending Bullish. Warning sign of recessionHi! 2021 was uptrend year for Stocks, despite global pandemic. It seems like US stocks will continue to rise in Q1 of 2022, because of location of rising channel resistance, I expect high at 5200-5400ish range. After that I think price should make a rebound to close the gap at $4000, this would be triggered by some economic disaster or ideology shift.
Stay positive and don't lose focus on your investment plan.
Every big dip in Stock market is an opportunity to change your life.
Best regards
Artem Shevelev
SPX starting to work againA lot of FUD from the FED meeting today. However, this was an important week for the SPX and markets. Everything has already been priced in.
The SPX has now printed a bullish engulfing on the 4h. Although not as powerful as others I have seen, it is still a bullish sign.
In my opinion, we are in the process to create an inverted head and shoulder.
It is now forming the right shoulder.
The retracement was precisely at 50% of the previous wave cycle, and it has also stopped at the end of wave 4 of the last cycle.
I am now expecting a good bounce from here with this nothing burger news from the feds today.
The following month should be good, eyeing 5130 as a target setting a new ATH.
Remember, markets can always turn, and I can be dead wrong, so I will place a nice stop loss to protect my eventually sorry ass.
Although sharing ideas, bullish, bearish, and targets the crucial component of a successful trader, it is a perfect risk management strategy...so do not sleep on it and educate yourself.
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NIO LONGS 📈📈📈Expect LONG on NIO on long-term perspective, from a HTF point of view price is squeezing right now into a bullish triangle that should be broken to the upside way above 40.00 level. For a better long opportunity wait for the price to consolidate above psychological area 40.000 bullish confirmations and go LONG.
What do you think ? Comment below..
$Enzc where do we go from here??? The chart broke down from our previous wedge, causing a wide broadening formation.
We broke below the 0.618 fib level, would have liked to see a sustained volume shelf there creating a better support.
Price will need to bounce from 0.1011 and close above that level or we will continue to see continued selling pressure.
EXPECT ALOT OF VOLATILITY FOR THE REMAINDER OF DECEMBER!
I still haven't sold a single share and will continue to aquire more every chance I get (seems more now than ever)
Know your 50/30/20 rule!
50% of what a stock does is determined by what the overall market does
30% of what a stock does is determined by what the sector & industry group does
20% of the movement of the stock is determined by the analysis of the stock itself