#Meta H4 The Setup For A $300/310 TestIn this update we review the recent price action in Meta Platforms and identify the next high probability trading opportunities and price objectives to target01:20by Tickmill6
META - DISTRIBUTION ZONE?Meta on 15m tf it is on Distribution zone , now from here we have 2 options: Sell or buy. I Will short Meta under the Support or i will long it if the resistance zone will be broken.Shortby sfc954
Meta is Continuing the Rally towards the Next Key LevelFollowing the recent breakout on the initial key level, a continuation of the bullish rally is expected, driving the price further upward. The anticipation is for the price to maintain its bullish momentum and move towards the next key zone formed.Longby TraderChamp-Pro3
META-SELL strategyMETA is overbought heavily, and for that reason it is providing an opportunity here. Strategy SELL @ $ 272 and take profit @ 227 for now. I would add at higher levels when seen. Shortby peterbokma5
META shortMeta coming up to a good area to go down. Levels from quarterly candles. Shortby Trading-Trend1
Continue to buy METAContinue to buy META as TikTok is likely to be banned from the Apple store! meaning new apple device will no longer have access to the app, nor will there be any updates. In Addition, there are rumors, retailers have banned together to bypass Apple's tracking restriction by creating a customer influencer database tracking centered around META technology! this technology no longer relies on cookies but on AI on places you have visited and likely to visit.Longby Macro-Traders-StrategiesUpdated 11119
META Update: Is There More to Give?Meta has been on a tear since its bottom of $88. This move has been what I am calling Primary Wave ((1)) of Cycle Wave III. I have a target box for the normal end point of this move up, however looking at the structure alone, it looks like this move up is about done. We are well past standard fib levels on the micro level with the power of this move, which is why I have to resort to structure and MACD alone. Above is a 4HR chart showing a closer view of the sheer magnitude of this move up. It has risen 211% in a little over half a year!!! ..... and it may not even be done . Notice the arrows, these are important identifiers to be able to determine where we are in the count when you can't rely on fib levels. According to the information we are provided at this time, this move up looks done or at least on its last leg as with many other securities. If MACD makes a new high it changes this micro count, but DOES NOT CHANGE THE MAIN COUNT/TARGET BOX . A new high in the MACD just means we are still going higher in this wave ((1)). On the big chart, according to the bigger picture we can technically go up to $376 and still be considered to be a "standard" move up. After ((1)) finishes, we will drop for wave ((2)) of III. This could take MONTHS to complete before ((3)) of III starts. Whenever it does though, that is 100% a trade I want to be a part of!! Armed with this information do what you feel is best in your situation. When price tops or does something crazy, I will update. Hope this helps and until then, good luck everyone! Bonam Fortunam, --Tylerby TSuth4
Meta platforms Breaking an essential Fibonacci levelBreakout in Fibonacci level on daily charts with an upward trend asks for a bullish trade, with a precaution on retracement in short to mid term. Disclaimer- For educational purposes, Please consult you financial advisor before an investment in financial markets.Longby technicalSucce594210
METATagging the 0.618 retracement of the 2022 drop today. Reasonable place for this stock to take a break after a massive rally imo.by Essendy2
Cup & Handle//OverboughtTargets 1 through 3 have been met. Big move and sometimes all we get is T1. Cup depth is 148.77. Targets for C&H patterns are calculated using the depth of the cup projected from the EL level, which is slightly above the left side's high (sell side) then fib levels are applied. I use the .382, .618 and the .786. If price goes higher, I look for sell signals and use the 1.618 and the 1.272 as possible T2. This is Overbought with RSI set of 80 versus 70. No recommendationby lauralea223
META,10d+/-14.60%falling cycle -14.6% more than 10 days. ================================================================================== This data is analyzed by robots. Analyze historical trends based on The Adam Theory of Markets (20 moving averages/60 moving averages/120 moving averages/240 moving averages) and estimate the trend in the next 10 days. The white line is the robot's expected price, and the upper and lower horizontal line stop loss and stop profit prices have no financial basis. The results are for reference only. Shortby Tonyder0
META Monthly SetupMETA have break strongest support on Mn Chart. Buy trend is a pullback. There you go my sell areaLongby reezajai110
META:Go for a surf with the wind and wavesMeta's stock has been performing remarkably well in 2023, largely owing to an improved sentiment towards tech stocks, the company's aggressive cost-cutting measures, and its focus on Generative AI. In the first quarter of 2023, Meta's revenue surprisingly increased to $28.64 billion, a 3% increase year-over-year, with a net income of $5.71 billion, a decrease of 24% compared to the same period last year. This growth in revenue could be partially attributed to the recent launch of a new advertising software suite called AI Sandbox. Utilizing Generative AI, this tool assists advertisers, which had a positive impact on the market and led to a 2% increase in Meta's stock price on the day of the announcement. The AI Sandbox currently includes three features: text variation, background generation, and image cropping. These functionalities aid advertisers in creating more personalized, relevant, and engaging advertisements. Meta plans to publicly launch AI Sandbox in July 2023, adding more features such as video generation and audio synthesis. However, it's important to note that the company's Reality Labs division, responsible for developing virtual and augmented reality technologies for the metaverse, reported sales of $339 million but an operating loss of $3.99 billion. The company anticipates that this operational loss will increase further this year. Although the short-term operational loss from the Reality Labs division may impact Meta's stock price, in the long run, with the proliferation of the metaverse, Reality Labs is expected to provide substantial returns for the company and its shareholders. From a technical perspective, the broader cycle appears temporarily overbought. There's a resistance channel at 260, and a minor correction is expected, with a support level at 230. The alligator indicator continues to diverge upwards, and with three consecutive bullish weeks, there's a significant chance of breaking directly above the 300 round number. Therefore, I am upgrading my rating for META from "hold" to "buy", and raising my price target from $220 to $320.Longby TradingJ888332
$META - Trend Value Trigger=============================TRADE LAYOUT============================ 1. IDENTIFY THE TREND a) Series of new higher high swing and higher low swing: YES b) 10 EMA > 30 EMA > 50 EMA: YES c) EMAs pointing upwards: YES d) Output: UPTRENDING MARKET e) Bias: LOOKING FOR LONG OPPORTUNITIES CLOSE TO VALUE AREAS 2. IDENTIFY THE VALUE AREA a) 10 EMA: OFFERING SUPPORT SINCE JAN, 2023 - $228 b) 50 EMA: - c) Support area: - $225-$235 d) Demand area: - e) Trendline: - 3. LOOK FOR A TRIGGER IN THAT AREA a) Candlestick pattern: BULLISH MARUBOZU b) Break of structure in the lower timeframe: - 4. SET A STOP LOSS a) 1 average bar size (14 periods) below the value are: $218 (10 EMA - AVERAGE BAR SIZE LAST 14 PERIODS) b) 1 ATR below the value area: - 5. SET A TARGET a) Resistance area: b) Supply area: $319 - $329 c) 10 EMA: - d) 50 EMA: - e) Trendline: - 6. POSITION SIZE / RISK MANAGEMENT: a) No more that 1% of your total equity at risk on an single trade, therefore: (Stop Loss (set logically as per above) / Entry Point) x 100 / Total Equity < 1 b) No more than 30% of your total equity at risk at any given moment =============================WHY?=================================== WHY TRADING WITH THE TREND? The trend is your friend. Trends do bend, but until that unavoidable moment comes, the odds get tacked on your side if you trade in the same direction of the trend. WHAT IS A VALUE AREA? Just an area where the odds are, the bulls will step up and support the price, or the bears will step up and stem a sell off. WHAT MAKES YOU THINK YOU CAN IDENTIFY THEM? Rational behavior from big institutions, herd behavior, quantitative anchors, qualitative anchors from other traders. These are usually translated into price movements, price movements that leave traces, even patterns. Let me give you a couple of examples for argument's sake: a) You want to fly to Japan, so you jump into your flight tickets' website to purchase your tickets. Today you see that the price of a ticket is 500$. You think it is too expensive, so you decide to wait for tomorrow to check if the price decreases. Tomorrow you check again, and now the price is 600$. What do you do next? Perhaps you wait another day, and then you see the price getting back to 500$, those 500$ now look cheap to you so you buy (support). Or perhaps then it becomes 700$ and the FOMO kicks in and you buy because tomorrow it might as well be 800$. b) Investment Fund Warren Buffet and Co has done their due diligence, applied their fundamental assessments and decided stock X is cheap at 10$ and purchased stock X, which happened to be trading at 10$. Like a ton of stock, billions worth of it. A month later, after stock x rallied, it got back to trading at 10$. Unless the macro situation has dramatically changed, what do you think Hedge Fund Warren Buffet and Co will do now? c) Richcoin is trading at all time highs. Everyone in your neighborhood holds richcoin. The cab drivers are thinking of quitting their jobs because they hold richcoin. Are you really going to be the only loser who does not buy richcoin? - Herding. d) Investment Fund Jesse Livermore and Co has stacked loads of shares of stock Y. It has already started to conduct a marketing campaign. Since it is necessary for the public to buy and price up their stock, they can risk having an early sell off in their stock hampering their campaign. So they can't risk having the public panicking with sharp price declines … yet. So what happens when the price touches key EMAs like the 10 and the 50 (w), they support the price and the uptrend. Behaviors like these echo through the markets. And they leave traces. WHY DO YOU NEED TO IDENTIFY THESE AREAS? Because you want one of two things: 1. Your idea is supported by the team you chose to support. 2. Your idea is not supported but in any case you get the chance to know that immediately and not waste further time and money with your idea HOW ABOUT THE TRIGGER? WHY DO YOU NEED IT? Ok, the price is trading in a value area. But can you really tell in which direction it is moving now? Well, you never, but if you identify a directional pattern springing in that area, then once again you stack the odd on your side if you just follow that direction, even though shakeout will sooner or later knock on every trader's door. AND POSITION SIZING? This should even have been rule number zero. Nobody, and I mean, nobody knows the future. No technical analysis or fundamental or whatsoever, will ever save you from the uncertainty of the future and the complexity of reality. That means that this is a game of stacking odds in your favor, not aiming at certainties. That means that this is a game of guaranteeing your survival in the markets each day, to make sure you have an everlasting exposure to favorable odds and positive black swans. ==================================================================== Having this said, discretionary trading is a heavy burden, so many choices, so many doubts … At a certain stage of your development as a trader you will realize that setting a quantified trading system, which translates these biases and ideas into numbers, conditions, signals and commands, and is time tested, is your next step as a trader. If that's the stage where you're at, then feel free to drop by my store for backtested, quantified trading strategies across all markets and asset classes. Cheers, Tenacious Tribe - Back Tested, Quantified Trading Strategies & Studies 50% discount on all products! Use code MOX Q3C WXRX on our website to unlock this limited offer.Longby ruben_rodrigues0
120s by next earningsWhen META was still in the low 100s I predicted 220-230 by mid 2023. Now I’m predicting 120s by earnings next that’s all you need to know.Shortby JabezDolz111
META's before/after & its future "probability". 29/May/23Meta's stock price approaching wave (B)(cyan) of triangle. Near strong resistance zone. a Possible of (-57.79%) drop coming soon.. by SteveTan2
Meta SELL ShortMY STRATEGY SHORT More than 190,000 tech-sector employees have lost their jobs since the start of 2023 Meta Platforms Inc. stock underperforms Friday when compared to competitors The tech giant is trading its ownership of the business-software startup for a minority stake with no guaranteed payment in return When Meta Platforms closed a deal last year to acquire business-software provider Kustomer for $1 billion, the tech giant had high hopes for how it could integrate the services of the startup. Meta said the acquisition would enable companies to use its messaging apps for customer service, helping fulfill its longstanding ambition to turn its platforms into e-commerce giants. The Federal Trade Commission proposed barring Meta Platforms META -0.32%decrease; red down pointing triangle from profiting off data it collects from young users, accusing the company of misleading parents and repeatedly violating a 2020 privacy order. The FTC action Wednesday represents an unwelcome return to controversy for Meta and its major platforms, including Facebook and Instagram. The company agreed in 2019 to pay a $5 billion civil penalty following a previous FTC investigation into its privacy practices. “Facebook has repeatedly violated its privacy promises,” said Samuel Levine, director of the FTC’s Bureau of Consumer Protection, in a statement. “The company’s recklessness has put young users at risk, and Facebook needs to answer for its failures.” The new allegations represent an aggressive move by the FTC, and the company vowed to contest them. Meta has 30 days to formally respond. A Meta spokesperson termed the FTC action “a political stunt.” “Despite three years of continual engagement with the FTC around our agreement, they provided no opportunity to discuss this new, totally unprecedented theory,” the spokesperson said. “We have spent vast resources building and implementing an industry-leading privacy program under the terms of our FTC agreement. We will vigorously fight this action and expect to prevail.” The spokesperson added that the FTC was seeking to “usurp the authority of Congress to set industrywide standards and instead single out one American company.” Some lawmakers and President Biden have proposed restricting targeted advertising to children. The FTC action could limit Meta’s ability to do that but wouldn’t affect other companies. As part of the FTC’s proposed sanctions, Meta—which changed its name from Facebook in October 2021—would be prohibited from profiting from data it collects from users under 18. It would also be subject to other new limitations, including on its use of facial-recognition technology, and would be required to provide additional protections for users. FTC Commissioner Alvaro Bedoya also questioned the agency’s authority to impose the restriction on monetization of kids’ data, saying the connection between the company’s actions and the penalty weren’t clear. “There are limits to the Commission’s order modification authority,” Mr. Bedoya said in a statement. “Based on the record before me today, I have concerns about whether such a nexus exists” for the limits on use of children’s data. He voted for Wednesday’s action, which was approved on a 3-0 vote, but added that he looks forward to hearing additional arguments and “will consider these issues with an open mind.” Some Meta critics characterized the FTC move as a long overdue response to a range of harms to kids caused by the company’s products. “The FTC has rightly recognized Meta simply cannot be trusted with young people’s sensitive data and proposed a remedy in line with Meta’s long history of abuse of children,” said Josh Golin, executive director of Fairplay, a nonprofit that advocates for children’s online privacy. The agency press release, which specifically cited kids’ data from virtual reality as part of its proposed ban, came less than a month after Meta opened its Horizon Worlds metaverse to teens. The proposal marks the third time the agency has taken action against the company for failing to protect users’ privacy. The FTC filed a complaint against Facebook in 2011, and obtained an order in 2012 barring the company from misrepresenting its privacy practices. The FTC later alleged that Facebook violated that order, by engaging in misrepresentations related to the use of millions of Facebook users’ data by a political analytics firm, Cambridge Analytica. In 2019, Facebook agreed to a second order—which took effect in 2020—resolving claims that it had violated the FTC’s first order. Wednesday’s action alleges that Facebook violated the 2020 order as well. It also accuses the company of violating FTC rules protecting children’s data. The FTC said on Wednesday that Facebook continued to give third-party app developers access to users’ private information after promising to cut off such access if users had not used those apps in the previous 90 days. In certain circumstances, Facebook continued to allow third-party app developers to access that user data until mid-2020, the FTC said. In addition, the FTC has asked the company to respond to allegations that, from late 2017 until mid-2019, Facebook misrepresented that parents could control whom their children communicated with through its Messenger Kids product. The FTC also said an independent third-party assessor, empowered to oversee the company’s privacy protections under the 2020 order, identified several gaps and weaknesses in Facebook’s privacy program. The proposed changes to the 2020 order, which would apply to Facebook and Meta’s other services such as Instagram, WhatsApp, and Oculus, include a blanket prohibition against monetizing data of children and teens under 18—a provision that aims at the company’s core business of showing ads to users based on what it learns about their interests. The FTC also wants the company to pause on the launch of new products and services unless it receives written confirmation from the independent assessor that its privacy program is in full compliance with privacy protections. The FTC would place new limits on future uses of facial-recognition technology. For example, Meta would be required to obtain users’ affirmative consent for any future uses of facial-recognition technology.Shortby DaveBrascoFXUpdated 0
Wave 3 ? I see 2 potential targets ..... 1st Target AB=CD 280 POC R1 Yearly 2nd Target 380 if wave gets extended 168% POC. Longby mcmarc2000Updated 110
Meta could jumpbased on past patterns, I believe this could jump sometime in the next week or so. could be a good butterfly opportunity, or just long optons. Longby ChadhowardUpdated 6
Mega stock and what are meta perspectives? 😳In 2022, Facebook NASDAQ:META performed fantastically and fell -76% from its peak! On the channel, we warned that this was a gift of fate and shares should be bought, because the company still has a huge audience, revenue and profit. Yes, revenue is no longer growing at a rapid pace, but rather falling from quarter to quarter. But the company boldly declared that it was changing the concept of business and moving into the creation of the Metaverses. For half a year, the stock grew by 175% and became the most profitable in the Sp500 index. What to do with the company now? It is not yet entirely clear whether the company will be able to realize its plans in the meta world, but the positive action has already played well. According to technical analysis, there is a slight upside to $290. It was there that the first gap formed, after which the company began a landslide fall. The chart does not like emptiness, so we can see the final upward spurt. But then the stock has downside potential to $136, which is where the strong support is. At this level, we will decide whether to re-enter the stock. 🔰 Now recommendation: stay away from the action. You can think of a short, but only with a short stop. There are more interesting ideas on the market now. You can find even more profitable ideas in the profile header 🎩 If you are interested in analysis of any other asset - write in the comments and I will do it.Shortby Dorado_Crypto222
#Meta H4 The Set Up For A $276 TestIn this update we review the recent price action in Meta and identify the next high probability trading opportunity and price objectives to target01:07by Tickmill3
META Thought it might be fun to take a zoomed out view of META and massively speculate the price movement for the next couple years... will it get stuck in a channel down to its listing price and have a rebound from there ? or will it happen somewhere in between around the $70 mark, This is literally some lines drawn over a chart with absolutely no research done what so ever. Done purely so I can press the play button in a years time to see what happened, so pay no attention =) by dsypherUpdated 114