Meta enters top of channelMETA has risen 20% today. This is on top of very significant gains over the last year. I would be very reluctant to chase this now because there was a clear potential channel from several support points to the previous all time swing high that could now come into play.by MrAndroid0
Meta's Meteoric Rise: Unveiling Record ProfitsMeta (NASDAQ: NASDAQ:META ), the parent company of social media giant Facebook, is making waves in the business world after an impressive fourth-quarter earnings report that surpassed expectations and sent its stock soaring by 14% in after-hours trading. The company's robust performance is underlined by a tripled profit, a landmark first-ever dividend payment, and a $50 billion share buyback, signaling a newfound confidence in its financial position. Financial Highlights The financial highlights include earnings per share of $5.33, beating the expected $4.96, and revenue of $40.1 billion, surpassing the anticipated $39.18 billion. Daily active users (DAUs) and monthly active users (MAUs) also exceeded expectations, demonstrating the sustained growth of Meta's ( NASDAQ:META ) user base. The average revenue per user (ARPU) reached $13.12, outperforming the forecasted $12.81, showcasing the company's ability to monetize its user engagement effectively. The impressive results are attributed to Meta's ( NASDAQ:META ) online advertising business rebounding from challenges faced in 2022. Sales surged by 25% year over year, reaching $32.2 billion, the fastest growth rate since mid-2021. Simultaneously, the company implemented cost-cutting measures, with expenses decreasing by 8% year over year to $23.73 billion. The operating margin more than doubled to 41%, reflecting increased profitability. Net Income Net income skyrocketed to $14 billion, tripling from $4.65 billion a year earlier. Meta's strategic decisions, such as the announcement of its first-ever dividend payment of 50 cents per share on March 26, illustrate its commitment to delivering value to investors. The company's cash and equivalents ballooned to $65.4 billion at the end of 2023, up from $40.7 billion a year earlier, further supporting its shareholder-friendly initiatives. The bullish momentum continues a trend from 2023 when Meta's ( NASDAQ:META ) stock nearly tripled, reaching a record high in January. As of the latest trading data, Meta's( NASDAQ:META ) market capitalization has surged to almost $1.2 trillion, solidifying its position as one of the tech industry's heavyweights. Sales Report Sales in Meta's Reality Labs unit surpassed $1 billion in the quarter, underlining the growing importance of virtual reality. However, the virtual reality unit reported losses of $4.65 billion, emphasizing the challenges and investment required to establish a foothold in this evolving market. Despite Meta's ( NASDAQ:META ) financial success, the company faces scrutiny from lawmakers, as CEO Mark Zuckerberg and other executives recently testified before the Senate Judiciary Committee. The hearing addressed concerns about child exploitation on Meta's family of apps, underscoring the ongoing challenges faced by social media platforms regarding user safety and mental health. Future Outlook Looking ahead, Meta ( NASDAQ:META ) anticipates first-quarter sales in the range of $34.5 billion to $37 billion, surpassing analyst expectations. The company remains committed to advancing artificial intelligence and the metaverse, with Zuckerberg emphasizing continued investments in these areas. Notably, despite growth, Meta's headcount decreased by 22% year over year, reflecting the efficiency achieved through organizational changes and layoffs. Conclusion In conclusion, Meta's ( NASDAQ:META ) stellar financial performance, marked by record profits, a historic dividend, and a thriving stock price, showcases the company's resilience and adaptability in the rapidly evolving tech landscape. As it continues to navigate challenges in user safety and content moderation, Meta's strategic focus on innovation and financial strength positions it for continued success in the ever-expanding digital frontier.Longby DEXWireNews332
Meta Share Price Soars to Record Thanks to First-ever DividendMeta Share Price Soars to Record Thanks to First-ever Dividend After the close of yesterday's trading session, the social media giant reported activity for the 4th quarter of 2023. The actual numbers exceeded expectations: → gross income: actual = USD 40.1 billion (expected = USD 39.1 billion); → earnings per share: actual = USD 5.3 billion (expected = USD 4.8 billion). Zuckerberg's company also announced a USD 50 billion share buyback and, most importantly, the decision to pay dividends for the first time! As a result, META's share price soared approximately +15% to record highs. In the post-market, the META price exceeded USD 450 — this value may be a guideline for the opening of today's trading. The META stock chart today shows that the price has broken out of the ascending channel within which it has been since May last year. If widespread optimism about the company's progress continues, META's stock price could maintain its bullish momentum and rise closer to the blue line (drawn on the chart as a parallel channel) and the psychological USD 500 mark. On the other hand, indicators will show that the market is overbought and some investors will probably take advantage of the temptation to take profits after the price soars - this will create the preconditions for the formation of a pullback. The wide bullish gap that is likely to form at the opening of today's session could serve as an area of support for the META share price in the future - note that the price has not yet fallen into the May 2023 gap area. In any case, fundamentally, META looks strong and could be considered a candidate for a long-term investment portfolio (if you don't already have it there). This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.by FXOpenUpdated 3312
MBV-SP500-CLIMBER: METAIntroduction: This trading idea is based on a Long-Only strategy that utilizes the Dynamic Movement Index (DMI), supplemented by the Average Directional Index (ADX) and an Average True Range (ATR)-based Trailing Stop-Loss. Strategy Overview: Main Indicators: DMI, ADX, ATR Time Frame : Variable, based on the DMI length (Default: 14 days) Objective: To take long-term positions in bullish market phases Optional Trading Hours and Seasonality: Yellow Background (Trading Days) : Positions are only opened on trading days highlighted with a yellow background on the chart. Blue Background (S&P 500 Seasonality) : Positions are only opened during periods highlighted with a blue background on the chart. Strategy Details: ADX and DMI : A Long signal is generated, taking into account the optional trading hours and seasonality, when the ADX exceeds a defined threshold and the positive DMI is greater than the negative DMI. This indicates a strong upward movement. ATR-based Trailing Stop-Loss : The Stop-Loss is dynamically set with a multiplier of the ATR value below the current price and updated to secure profits. The strategy script is available for free on TradingView. You can find it under the name: "MBV-SP500-CLIMBER" Please share your optimizations with the TradingView community by leaving comments under the script. Please provide feedback on the strategy, especially on the trading signals, in the comments. --- Einleitung: In dieser Handelsidee beruht auf einer Long-Only-Strategie, die auf dem Dynamic Movement Index (DMI) basiert, ergänzt durch den Average Directional Index (ADX) und einen Average True Range (ATR)-basierten Trailing Stop-Loss. Strategie-Überblick: Hauptindikatoren : DMI, ADX, ATR Zeitfenster : Variable, basierend auf der DMI-Länge (Standard: 14 Tage) Ziel : Langfristige Positionen in bullishen Marktphasen Optionale Handelszeiten und Saisonalität: Gelber Hintergrund (Handelstage): Positionen werden nur an den im Chart mit einem gelben Hintergrund hervorgehobenen Handelstagen eröffnet. Blauer Hintergrund (S&P 500-Saisonalität): Positionen werden nur während der im Chart mit einem blauen Hintergrund hervorgehobenen Zeiträume eröffnet. Strategie-Details: ADX und DMI : Ein Long-Signal wird unter Berücksichtigung der optionalen Handelszeiten und Saisonalität generiert, wenn der ADX einen definierten Schwellenwert überschreitet und der positive DMI größer ist als der negative DMI. Dies signalisiert eine starke Aufwärtsbewegung. ATR-basierter Trailing Stop-Loss : Der Stop-Loss wird dynamisch mit einem Multiplikator des ATR-Wertes unter dem aktuellen Preis gesetzt und aktualisiert, um Gewinne zu sichern. Das Strategie-Skript ist auf TradingView kostenlos verfügbar . Sie finden Sie unter dem Namen: "MBV-SP500-CLIMBER" Bitte teilen Sie Ihre Optimierungen mit der TradingView-Community, indem Sie Kommentare unter dem Skript hinterlassen. Bitte geben Sie Feedback zur Strategie, insbesondere zu den Handelssignalen, in den Kommentaren. Longby MBV-TRADING0
META Update: Wave ((1)) extendingWave ((1)) of III is extending which isn't too surprising. As said before, this is a wave 3 and those typically extend and are the strongest waves within an impulsive count. We met some resistance around the 0.786 extension that a mentioned in a prior post. This to me is starting to look like an ED and should be concluding soon. When it does finally conclude it will be a strong and swift move to the downside to get the wave ((2)) kicked off. Anytime and ED ends it moves back towards the point of origination very quickly. It is a function of traders finally giving up on the current trend simultaneously which creates the strength usually seen. MACD suggest this thing is running on fumes though and should reverse soon. It may end up hitting the 1.0 before reversing, but odds of it going past that fib extension are slim. Time will tell what META has in mind but if it follows Apple then it should reverse soon. Make sure to use stops to protect your assets. Good luck y'all!by TSuth5511
META heads up at $399.26 (400): Top or Break out?META is at a Genesis fib and round number $400. Expecting a pullback here, watching support below. If breaks above, then a retest would be long entry. Here is the full view of the Genesis Sequence: See "Related Ideas" below for more info about my methods.by EuroMotif3
META EARNINGS - "Cant Cuck the ZUCK"Been advocating for the Zuck since November of last year, at around $100, the entire world was laughing at meta. The laughing has since ceased. Here are some quick targets I expect to hit now that we have broken this double top, Earnings Thursday. 2/1 I am not going to do too much talking as everyone knows what Facebook is about, substantial holdings across the board. Poised for success in a future where everyone is tied to their electronics. Zuck controls the future narrative, Whatsapp, Instagram, Facebook, reality labs, JIO platforms, Portal, CTRL Labs, Mapillary. You might not like the Zuck, but you must admit. "you cant cuck the zuck" Support levels in purple. First Resistance on earnings: $408.49 Target 2: $422.84 Midterm Target 1: $438.78Longby Helios_Capital_Investment110
Pullback is needed, Mark is selling everyday...I have been in long puts since mid December and I regret entering to soon. Still holding as the bearish divergence has continued to form. The rotation into other sectors is still happening. Mark himself has been selling 16 Million dollars worth of his stock EVERYDAY since November. Why is no one talking about this? Oh, because everything will continue to go up and reach all time highs... lolShortby LeapTradesUpdated 5513
Meta's Triumphant Return: A Resilient Journey Back to the Club In a remarkable turnaround, Meta Platforms ( NASDAQ:META ) has once again ascended to the prestigious trillion-dollar market cap, reclaiming its position alongside tech titans Apple, Microsoft, Alphabet, Amazon, and Nvidia. This resurgence comes after a tumultuous period in 2022 when NASDAQ:META faced significant challenges, leading to a brief exit from the exclusive trillion-dollar stock club. Mark Zuckerberg's brainchild, NASDAQ:META , formerly known as Facebook, experienced a rollercoaster ride in the financial markets. After reaching a trillion-dollar market cap in 2021, the company grappled with difficulties throughout 2022, resulting in a staggering 64% loss in its share value. However, Meta's recent performance has been nothing short of impressive, with a notable 11% gain in the first month of 2024. The pivotal moment occurred on Friday when Meta's shares not only fully recovered beyond their late 2021 high but also closed at 384.36. Although NASDAQ:META had briefly surpassed the trillion-dollar market cap in early Monday trading, it was a previous stock buyback that had kept the total market cap below the 2021 peak. This recent achievement signals NASDAQ:META 's resilience and its ability to overcome past setbacks. The transformation for NASDAQ:META began in late 2022, as the company strategically cut costs while experiencing a rebound in advertising sales. The market responded positively to these measures, paving the way for Meta's steady climb back to the trillion-dollar milestone. The company's upcoming test comes on Thursday, Feb. 1, when it will report fourth-quarter earnings after the market closes. Analysts are optimistic about NASDAQ:META 's financial performance, projecting a robust 21% year-over-year sales increase to $38.9 billion for the fourth quarter, according to FactSet. Earnings are expected to soar by 175% year over year to $4.84 a share. The market's renewed confidence in NASDAQ:META reflects not only a financial recovery but also the company's strategic resilience and adaptability. As NASDAQ:META prepares to unveil its fourth-quarter earnings, all eyes will be on Mark Zuckerberg and his team to see if they can sustain this impressive momentum and solidify their position in the trillion-dollar stock club.Longby DEXWireNews1
So much vol+ in the futureyes something that cannot be missed with the naked eye is the considerable increase in volatility, with each year is the doubles.Longby ManuelRodriguez0
META Sold off?After the recent selling of META by owners and a recen push back up to the last one day order block i believe META will drop back down to previous 4 hour order blocks after breaking the lower trend line.Shortby s90rnyUpdated 110
Meta Update: Waiting for the topMeta has just barely pushed out of the top of my target box. This is still the area I expect it to end and isn't entirely surprising as I am counting this as the wave ((1)) of III. Wave 3's of any degree are very strong and the most likely wave to extend beyond standard fibs. This high is on neg div and should be concluding soon. Once it finally does top, the next target is kind of a wide box. That is because it is a wave 2 and they can be unpredictable as they can either be long and shallow or short and deep. Once we get the A wave carved out it will give us an idea of the time duration for ((2)), and then the subsequent b wave will help guide us to the C wave bottom for ((2)). I would not be surprised if the impending retrace took the entire rest of the year or even longer. As stated above 2's can be unpredictable. If you are long Meta, I highly recommend you have stops in place to protect your assets. If this is to be standard, then a highly likely end point for the retrace will be around the 0.382 fib in the low $200 area but could easily drop to the 0.236 @ $174.65.by TSuth117
Meta Take Profit + 111% !January 2024 After the important portfolio rebalancing at the beginning of the year, Meta shares also reach the target. after a more than positive Christmas rally, supported by the market, I brought home a generous 111% (slightly better at the time of order execution). As always they are part of the profits because Meta is one of those companies in my portfolio. Now watch out for the quarterly which will tell us a lot about this latest rise. I am curious, especially about the new projects on augmented reality and the application of AI in its social and VR platforms. On the other hand, the European "ban" on ads and the rumour about a possible "subscription" to bypass them are a heavy question mark for a market, even if secondary, still important and strongly connected to the United States. Next target: we are close to $400, if the quarterly reports are in line or beat expectations, the price will likely at least be tested. Otherwise, if a new retracement were to start, we could easily find the price between $333 and $300 in the area. A level where I would otherwise return to buy. Happy trading Lazy Bullby LazyBull5113
Looking for a bullish swing trade in near future with META.Thank you as always for watching my videos. May God bless you! Remember, always risk ONLY what you can lose!Long02:23by OptionsMastery2
META H4 : ITS LOOKING TO ACHIEVE NEAR 450 AND MOREMETA H4 : ITS LOOKING TO ACHIEVE NEAR 450 AND MORE Based on 38 Wall Street analysts offering 12 month price targets for Meta Platforms in the last 3 months. The average price target is $397.31 with a high forecast of $450.00 and and more and a low forecast of is near $355.00. The average price target represents a 6.09% change from the last price of $374.49. The Bullish is more to strong to be achieved. Note : Keep following me for more updates and analysis about different pairs of Crypto, Forex and much more. by Forex_Analysis_WingUpdated 114
META H4: MORE CORRECTION WILL BE OUTBREAK IN THE FUTUREMETA H4: MORE CORRECTION WILL BE OUTBREAK IN THE FUTURE I am looking for more out breaking in the upper targets as are forecasted. The price will may go more higher with the help of the supporting line that is very important to consider with the trading strategies. Note: For more updates and information about different pairs of the market like as crypto, forex and much more keep following me.by Forex_789Updated 223
NASDAQ 100 Reaches Historic High.NASDAQ 100 Reaches Historic High. META Shares May Surpass the Historical High The American stock index NASDAQ 100 has set a new historical high, surpassing the psychological mark of 17,000 points. The growth was attributed to: → Analysts at Bank of America raising the rating of AAPL stocks, recommending them for BUY. The price of AAPL shares rose by almost 4%. → The growth of AMD and NVDA stock prices, as chip manufacturers are significant beneficiaries due to the widespread adoption of AI. → The earnings season gaining momentum. Market participants anticipate strong results from major technology companies (MSFT, GOOGL, NVDA, and others). Note the movement of META stock price – the social media giant is close to reclaiming a $1 trillion market capitalisation. The META stock price chart shows that: → The market is in an upward trend (indicated by the blue channel). The price is above the median line, a sign of demand stability. → The level at $340 has shifted its role from resistance to support. A similar phenomenon is observed at the $360 level. Mark Zuckerberg announced yesterday that by the end of 2024, the company's computing infrastructure would include 350,000 nVidia H100 graphics cards (designed for AI, costing between FWB:25K and $40k each, according to CNBC). It is not ruled out that riding on the positive momentum, the price of META shares may surpass the historical high. The publication of META's Q4 2023 performance report is scheduled for February 1, 2024. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.by FXOpen3320
META Update: Are we topping?On the chart you can see we are at the top of my target box. We are also on some severe negative divergence. We could still raise a little, but this thing is cooked. It should start its trek lower soon for wave ((2)) of III. The duration of that will most likely take a long time, as in the rest of the year at a minimum. I don't predict time duration, but wave II took a little over a year to complete. I would imagine this will take close to the same length of time, maybe a little less. There are no tools I am aware of to predict the time of movements though, so there is no way to know for sure. Until we get some action to the downside, I cannot make a more refined target for ((2)). When we do, rest assured I will post that.by TSuth9
Meta's AI Power Play: Building a Chip Arsenal In a strategic move to bolster its artificial intelligence (AI) capabilities, Meta Platforms ( NASDAQ:META ), formerly known as Facebook, is taking significant steps to integrate AI into its products and consolidate its research teams. CEO Mark Zuckerberg recently announced the company's plans to bring its AI research team closer to a business-focused generative AI team, emphasizing a commitment to infusing technology into its products. This move follows Meta's rapid mobilization around generative AI, a response to the success of OpenAI's ChatGPT chatbot in late 2022. Chip Arsenal Expansion: One of the key elements in NASDAQ:META 's AI strategy involves building an extensive chip arsenal. Zuckerberg revealed that the company is set to acquire approximately 350,000 H100 GPUs from Nvidia by the end of the year, with an additional 250,000 GPUs from other suppliers, making the total GPU count around 600,000. If achieved, this would position NASDAQ:META 's system as one of the largest in the technology industry. The company is not only relying on Nvidia but has also expressed plans to use chips from NASDAQ:AMD and has hinted at an internally designed GPU-like chip. Generative AI Mobilization: NASDAQ:META 's recent efforts signify a shift from years of leading AI research, notably through its FAIR team, to a more focused integration of AI into core social media products and AR/VR hardware devices. The establishment of a dedicated "GenAI" team last year underscores the company's commitment to harnessing generative AI. The commercial release of the Llama large language model, ad tools capable of generating image backgrounds from text prompts, and the introduction of the "Meta AI" chatbot accessible through Ray-Ban smart glasses highlight Meta's progress in this domain. AR/VR-Driven Metaverse Vision: Zuckerberg ties these AI investments to NASDAQ:META 's overarching vision of the metaverse, which prompted the company to rebrand itself in 2021. He emphasizes the need for new devices, such as glasses, to interact with AI within this envisioned metaverse. The ongoing training of a third version of the Llama model suggests Meta's commitment to advancing its AI capabilities in tandem with its metaverse goals. Market Response and Technical Outlook: Meta Platforms ( NASDAQ:META ) has seen strong development within a rising trend channel, indicating positive growth and increasing buy interest among investors. The absence of resistance in the price chart suggests further potential for upward movement. Conclusion: Meta's ambitious push into AI, coupled with the expansion of its chip arsenal and a focused approach to generative AI, underscores the company's commitment to staying at the forefront of technological innovation. As Meta integrates AI into its products and envisions a metaverse-driven future, the industry and investors alike will be closely watching the company's strategic moves and technological advancements.Longby DEXWireNews3
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. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇by TradingShot13
META Long Bullish Monthly chart shows long term bullish pattern. Cup and Handle, bullish HALongby Krishm301
META Weekly chart - Cup and Handle, b/oMeta weekly chart showing strength. Cup and handle formed and B/o possibilities are on the high. Next support 384.48, already testing/tested Supply zone. OI showing huge resistance at 375 (58k contracts) this week. May b/o next week. Let us wait and watch. Possible trades Possible PCS opportunity Longby Krishm300
META is in up Trend already !Both Price action analysis by TrapZone Pro and Volume analysis by UMVD points to GREEN aheadLongby SnowflakeTraderUpdated 224