buy the dips approaching 4yr double bottom looking at Meta, I see buyers off the D Leg/ A leg set up... We're approaching a 4yr double bottom Longby moneyflow_traderUpdated 7712
MetaCorrecting out of a falling wedge.. Price has been trading inside this white channel here Target 200 gap close Stop loss 214 Shortby ContraryTraderPublished 7
METAPrimary Wave B is under formation, Expecting a 5-3-5 zigzag combination as primary wave B. The first leg of the five waves is almost complete and now we will have 3 wave decline. All the best.Happy trading.Short03:53by maneeshsinghhighPublished 552
The Poop Ladder The Poop Ladder is a technical reversal signal indicating a huge dump is coming. It's funny that the first round of layoffs actually made this pos pop after a huge miss. Won't work this time. Remember what ol' Zuck said - prepare for a ‘new economic reality’ that could last ‘many years’ = which translates to $180.90 gap that needs to be filled. The Poop Ladder P.S. $153.58 gap alsoShortby sonidofrankoPublished 0
META - Bearish TrendReference to bearish divergence showing in the 1-hour time chart confirms the bullish trend is end and bearish trend has started. At this level a sell order entry can be avail as per my trade plan.Shortby MaxsimRaxaUpdated 0
Is that all for Meta?This is a monthly chart and it doesn't look pretty for Meta. Let's wait to the end of the month and see how the candle closes. I have it in my watchlist, this could be the mother of all shorts.by ArturoLPublished 445
Bias more on downside for META. Take Note: 1) Next week earning report. 2) Meta layoff workers maybe a good news for the last spike to reach ideal price to short. Support: 200/180 Shortby probabilitytaPublished 0
Meta reaches resistanceThis chart shows the convergence of up trend and down trend along with hitting a key level yesterday - the pre crash 2020 high. The up trend channel is very narrow and the price has just slipped below the support line.by MrAndroidPublished 0
BUY META Weekly TimeframeRectangle AEFD is a major golden rectangle in the NASDAQ:META with a time axis from September 2012 to January 2024 of 593 weeks with PHI expansion from focus. Time Cycle: Progression: 225 ( 224 +1), 367 ( 364 +3), 593 ( 588 +5) 1 + 3 + 5 is also a Fibonacci series. ( 3 successive PHI progression signifies end of cycle). Total price Unit = 366.99 366.99 * 1/3 = 139.88 16 March 2020 low BEHG is a 1 x 1 square. The 1 x 1 and 1 x 2 angles serve as support and resistances within the square. ARC BH served as a support for the low 31 Oct 2022 low. The top comes in at 237.48 level, the top arc of the ellipse has a rising resistance from 235 to 244 level. Trade safe Longby awuahbaffourPublished 0
META: Sell ideaOn META as you see on the chart we have the breakout of vwap and also the breakout of the support line so it's mean that we will have a big probability to have a downtrend.Thanks!Shortby PAZINI19Published 2
META - Short Term ReversalMETA has encountered a short term trend line that was previously a support line but now is being tested as resistance this is a good opportunity for price to be rejected and recovery a bit lower I have shown this lower recovery with the bars pattern tool. This would be sort of a scuffed inverted head and shoulders if the price falls down a little.by BixleyPublished 1
Meta Fib Sequence & RatiosOriginal: // I believe the 2023 bullish wave has been approaching the local high which is at fib sequence level relative to falling sequence. This looks very overbought for a pullback even from general decline perspective (TimeFib 0.618 - 1). I mean that wave has already caused desperation for many who bought high, so they lost their confidence and will obviously seek opportunity to get out while prices are high. Among them are institutions themselves. Inflation data of CPI & PPI came worse than expected will cause inevitable tightening of interest rates by Federal Reserve. This alone will cause Meta to issue more stocks while momentum of recent bulls are still buying. If you need the market to go up for you to feel confident you'll end up on 5th wave especially having this type of timing frequency of cycles. by fractUpdated 2221
Meta Stock Bearish Divergance As in previous idea I suggest that Meta stock is in bullish trend and its making higher highs and higher lows, while after using RSI indicator we can see there is bearish divergence, therefore we will not take buy stop order here because it will decline and will not hit tp1. Thank you. by Waqas07Published 0
Meta stock Bullish trendI have observed that Meta stock is in bullish trend , making higher high and Higher low, morning doji star after sellers control showing that buyers are taking control in Meta stock, there is possibility of making profit at given entry point. by Waqas07Published 1
META Swing IdeaMETA is heavily overextended and we are reaching some strong structure hopefully we can see a reversal, gonna enter some puts and leaps next week. The road to 6-figures is real. Shortby deadshotttPublished 112
Meta Platforms:Overcoming Challenges and Embracing OpportunitiesMeta Platforms, formerly known as Facebook, has undergone significant changes in recent years, with a tarnished reputation due to numerous data breaches. However, the company has made efforts to address these issues, and now faces new challenges. One such challenge is the impact of the economic downturn on its primary source of revenue - online advertising. This has led to a decline in revenue, with profits falling for the first time in a while. Nonetheless, the online advertising market is expected to grow at an average annual rate of 14.7% through 2027, providing an opportunity for Meta Platforms to recover. One advantage of Meta Platforms is its vast user base of 3.74 billion monthly active users, providing an ecosystem too large to ignore. Moreover, the company is making strides to monetize some of its apps such as WhatsApp, with paid messaging services gaining momentum. Additionally, Facebook Reels and e-commerce markets provide significant long-term opportunities for the company to generate revenue. Despite its recent struggles, Meta Platforms is implementing cost-cutting initiatives and restructuring efforts to improve its financial performance. While the company's investment in the metaverse, a potential HKEX:1 trillion opportunity, is yet to yield results, it is expected to pay off in the long term. In conclusion, Meta Platforms' revenue is expected to increase in the next few years, making it a worthwhile investment.Longby FOREXN1Published 333
Ichimoku explained in one post Conversion line (Tenkan-Sen): This is a short-term moving average that measures the average of the highest high and lowest low over the past nine periods. It is used to identify short-term trends in the market. (9-day) Base line (Kijun-Sen): This is a longer-term moving average that measures the average of the highest high and lowest low over the past 26 periods. It is used to identify longer-term trends in the market. (26-day) Lagging span (Chikou Span): This is the current closing price, plotted 26 periods behind. It is used to confirm signals given by the conversion line and base line. Bullish Cloud (Senkou Span A): This is the area between the conversion line and the base line, shaded green on the chart. It represents support and indicates a bullish trend. Bearish Cloud (Senkou Span B): This is the area between two longer-term moving averages, shaded red on the chart. It represents resistance and indicates a bearish trend.by Ubaidy100Published 2
FaceBook (META) - Long-Term Approach to Big Gains.Hello All, As we can see Facebook (Meta) has sold off almost 50%. On a fear and greed chart, we would be entering the fear stage which is now presenting us with good long-term buying opportunities. In the chart we labeled three areas to start Dollar Cost Averaging back into Facebook (META). In the first area, we would allocate the smallest portion while the final area would be a larger portion. This is for long-term holding and not trading. The markets are extremely uncertain currently. At the end of last year, we have sent warnings to get out of the tech sector, due to high levels of greed and overextended markets propped up by money printing, new investors & news narratives. Now that these stocks are coming back to earth we are presented with new long-term opportunities over the coming months. Longby GenesisGoUpdated 6
META- SELL strategyThe stock is overbought and also it is reaching major Gann resistance @ $ 225. For now, the strategy is SELL @ 213-218 and place stop-loss @ 230. and take profit near the support line @ $ 165Shortby peterbokmaPublished 0
Meta may pullback fill GAP before bull run#meta idea . Meta may fill GAP at 200-201$ before continue go up to 224-225$. This idea will be high chance happen if Meta has Bearish Harami candle on weekly chart.Shortby pninh0911Published 0
UK bans TikTok on government devicesFacebook / META is now up some 140% since the start of November with plenty of upside to all time highs. With the Zuck laying off staff left right and centre giving the stock a boost, the latest news that might keep the run going is the increasing pressure on the US and other governments to ban TikTok from mobile devices due to security of personal data concerns. In December, President Biden signed legislation prohibiting TikTok on federal government devices, joining what has become a list of more than half of US states with US lawmakers proposing expanding the Biden administration’s authority to enact a nationwide ban on TikTok. Just now, the UK has also announced that TikTok is to be banned off all their Government devices, so will be interesting to see if this spreads further to consumer devices and helps push users back to sites like YouTube and Facebook with their video shorts formats as well as their messaging services like WhatsApp. I doubt the banning of Government officials will affect any of the TikTok crowd but will be interesting to see if consumers are next and where it stops... by zAngusUpdated 3314
META - Harmonics AB = CD (Potential Reversal Zone)Projection using Harmonics AB = CD with defining potential Reversal Zone for META. No Divergence until PRZ and seems pattern will continue till PRZ.Longby Haidi_strikerPublished 1
META - Continuation of bullish trendforming series of HH and HL showing strong bullish trendLongby m-kashif786Published 0