Get started
META PLATFORMS INCMETA PLATFORMS INCMETA PLATFORMS INC

META PLATFORMS INC

No trades
See on Supercharts
Overview Financials News
Ideas
Discussions Technicals Forecast Seasonals Bonds

META trade ideas

META Stock Chart Fibonacci Analysis 072824Trading Idea 1) Find a FIBO slingshot 2) Check FIBO 61.80% level 3) Entry Point > 447/61.80% Chart time frame : B A) 15 min(1W-3M) B) 1 hr(3M-6M) C) 4 hr(6M-1year) D) 1 day(1-3years) Stock progress : B A) Keep rising over 61.80% resistance B) 61.80% resistance C) Hit the Support D) Hit the top Stocks rise as they rise from support and fall from resistance. Our goal is to find a low support point and enter. It can be referred to as buying at the pullback point. The pullback point can be found with a Fibonacci extension of 61.80%. This is a step to find entry level. 1) Find a triangle (Fibonacci Speed Fan Line) that connects the high (resistance) and low (support) points of the stock in progress, where it is continuously expressed as a Slingshot, 2) and create a Fibonacci extension level for the first rising wave from the start point of slingshot pattern. When the current price goes over 61.80% level , that can be a good entry point, especially if the SMA 100 and 200 curves are gathered together at 61.80%, it is a very good entry point. As a great help, tradingview provide these Fibonacci speed fan lines and extension levels with ease. So if you use the Fibonacci fan line, the extension level, and the SMA 100/200 curve well, you can find an entry point for the stock market. At least you have to enter at this low point to avoid trading failure, and if you are skilled at entering this low point, with fibonacci6180 technique, your reading skill to chart will be greatly improved. If you want to do day trading, please set the time frame to 5 minutes or 15 minutes, and you will see many of the low point of rising stocks. If want to prefer long term range trading, you can set the time frame to 1 hr or 1 day.
NASDAQ:META
by fibonacci6180
Wanna take a ride on META rocket to moon ? - Lets reviewAnalyzing the chart for META, I found it has recently reached its support and is ready to take off soon. It’s better to find a seat before it heads to the moon. The support level is around $452, with target prices at $504 (TP1), $532 (TP2), and $600 (TP3), as indicated in the graph. My charts are usually simple, with just support and resistance lines (different patterns). I use the RSI graph and volume to support my patterns. As usual, my advice is not to invest all your money at once. There's a bit of risk with the upcoming earnings report, so consider buying in dips to mitigate potential losses. This graph is based on my observations. I encourage you to conduct your own analysis before investing or trading any amount in any stock. Thank you
NASDAQ:METALong
by sumanthduthu
$469-71 short to $400 METAI dowse stocks and indexes... Like, with a pendulum. It's very interesting & has kept me hooked because things sometimes work out. Anyway, my dowsing was bringing my attention to META today, so I did a reading on it. The chart shows the basics, and I ask twice if I'm missing anything, and I literally get the "black swan/crash" option... TWICE! This is definitely unusual and it claims this occurs 5 days from now, which is next Wednesday, (coincidentally) Fed day. I've said all year they will not lower rates, so maybe the market finally has a tantrum about it. Whatever it is though, I have META topping out around here and I definitely feel this is a back the truck up moment (for me, not saying for you!) after an insane rally. META could definitely go a bit higher because lots of times I get just the next high, like high of the day, and the next day it goes higher (& I get annoyed). But it seems like even if that happens, the downside will more than make up for a little heat. Target could go down to $395, but anywhere around $400 is good profit from here. I have a date of 8/12, or maybe 14th, as a possible low on indexes & NVDA, so thinking META falls in there as well. I will have ideas posted on them too with some other "woowoo" details if you're into that. Be careful and good luck!
NASDAQ:METAShort
by JenRz
META History repeating Double Bottom leading to $800.Meta Platforms (META) almost hit its 1D MA200 (orange trend-line) yesterday, a Support level that has been holding since February 01 2023. With the long-term pattern being a Channel Up since the November 04 2022 market bottom, yesterday's Low is similar to the Double Bottom on Meta's previous Accumulation phase on October 26 2023. That day's Low started the 2nd Bullish Leg of the Channel Up that peaked on April 08 2024 after a +95.14% rise. This is the exact same % rise as the Feb 24 2023 - July 28 2023 Bullish Leg, which was the 1st of the Channel Up. As a result, this is technically the most optimal buy opportunity on a long-term basis for META, with a technical Target at $800.00 (+95.14% as the previous 2 Bullish Legs). ------------------------------------------------------------------------------- ** 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. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Editors' picks
NASDAQ:METALong
by TradingShot
10
$META it was fun while it lasted. Sub $300 coming soon.NASDAQ:META had a good run, but now that run is coming to an end. I started buying puts today when price was at $524. I bought 6/21 $300P. There's a chance price could break the current highs, but it wouldn't change my bias. I think starting later this month, we're going to start to see a large move down in META. Overall, I think there's a possibility that price goes down below where it was in 2022 at the $78 level for a final bottom. I think it's also possible that it could play out this year. All that said, let's take things week by week from here. I'll probably buy some lottery tickets that expire end of year just incase the most bearish scenario plays out. Good luck to bulls from here on out. It's not going to be pretty.
NASDAQ:METAShort
by benjihyam
48
Bearish on META on high time frame. Every 3 years since 2018 we are presented with a bearish RSI divergence on the weekly chart, followed by a dump of epic proportions. Will 2024 be different? Since Feb 2024 we have had two island reversals set up on the daily. On Friday, we rallied to close the gap from below and proceeded to close the day below prior day high. Monthly chart shows decreasing volume. Weekly chart shows aggressive selling for two weeks now. Monthly close below $470ish and it's not looking good for bulls. Not financial advice. Happy trading.
NASDAQ:METAShort
by BartChartski
META Price Is Holding Around a Key Support Level.META Price Is Holding Around a Key Support Level. But for How Long? According to TipRanks, the average target price for META, as forecasted by Wall Street analysts, is $537.41 (a 12.94% increase from current levels) over the next 12 months. However, not all analysts remain positive. Craig Johnson, Chief Market Technician at Piper Sandler, issued a warning about the future of the "Magnificent Seven" stocks, which include Microsoft (MSFT), Apple (AAPL), NVIDIA (NVDA), Meta Platforms (META), Tesla (TSLA), Amazon.com (AMZN), and Alphabet Inc. (GOOG and GOOGL). "These charts are reversing, and they need further correction," he said on CNBC's Last Call programme. Indeed, the market is sending alarming signals regarding the leaders. Yesterday, we wrote about the increasing signs of bearish aggression on Nvidia's stock chart; today, we'll assess the price action of Meta Platforms Inc. Technical analysis of META's daily chart shows that since the second half of last year, the price action is best described by an upward trend (indicated by the blue channel). However: → The price has fallen into the lower half of the channel, and the median shows signs of resistance (judging by the price action from 8-10 July). → The formation of peaks A-B-C indicates a worrying trend: the price is unable to consolidate at the achieved peaks. We see only a slight excess over the previous maximum – a sign of bullish uncertainty. → Meanwhile, the bears are aggressive. Look at the bearish gaps (shown with red arrows) in July. How might the situation develop further? Currently, the META stock price is holding around the lower boundary of the trend channel, which is reinforced by the $455 level that previously acted as support (shown with blue arrows). But, given the aggressive activity of the bears, it is reasonable to assume that the lower boundary is under significant pressure. 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.
NASDAQ:META
by FXOpen
2
Long META @498.87-oversold and it doesn't usually stay that wayFull disclosure: I'm not making this trade. That said, here's my case for it and what I'd do if I did. META almost never stays oversold more than a day or two. In fact, if I couldn't get a sub-499 fill I would def not chase it because likely I already missed the move for this kind of quick trade. Best hope would be a general market malaise Monday to get in at this point - and I think we may get that. More on why later. The other reason I wouldn't chase is it isn't generally a big win doing what I'd do here. Holding until overbought normally produces a 5-8% gain, which is fine. But META is prone to big moves in either direction on earnings and I don't like to mess with that, so with earnings being soon, this is an in and out trade and getting a good entry price is more important in this situation. So, I'd get in at Friday's closing price or lower, and get out as soon as the trade is positive. A day or two usually. By the end of the week almost always. I would add if it stays overbought because the last time it was overbought for more than 4 straight days was about 2 years ago. It's maybe a percent or two gain, but it's a pretty reliable trade lately with a high win rate so I'll pocket a quick profit and move on. This entry-exit technique is 22-2 over the last year with an average return of just under 1% and an average holding period of just under 2 days. The two losing trades were both less than 1%, so I view this as a relatively "safe" trade as well. It's just not that profitable, so it may not be worth the trouble. If I wanted to roll the dice close to earnings, I could wait until it's overbought and profitable to sell. I didn't do the average return math on that, but all 24 trades were profitable doing that, and the return is higher - 5 to 8% or so just estimating. Actually, I think I just talked myself into the trade. We'll see what Monday brings. I have a feeling it could be a down day, especially with somebody taking shots at Trump today. I assume markets don't like attempted assassinations of Presidential candidates, especially not in the divisive political climate we have now and political violence becoming more normalized by the day. That's bad for democracy and bad for business long term I think. I hope I'm wrong about the market response to it. If the market sells off hard at the open I'd wait either until the end of the day to get it lower, or catch it at Friday's closing price coming up from the lower open if that's what happens. Whatever I decide to do I'll update it. Have a good weekend!
NASDAQ:METALong
by redwingcoach
levels to manage $META into its earningHere's a quick summary of the latest news about Meta this week: 1. **Llama 3 400B Release**: Meta is set to release the Llama 3 400B AI model next week. This model is expected to outperform competitors like Google's Gemma and Anthropic's Claude Sonnet¹. 2. **Stock Performance**: Meta Platforms' stock hit a 52-week high of $542.81 on July 8th, closing at $529.32. This marks a significant year-to-date increase of 49.5%². 3. **Mass Layoffs**: Meta is reportedly planning mass layoffs, which will impact thousands of employees. This would be the largest round of layoffs in the company's history⁶. Is there a specific aspect of Meta's news you'd like to dive deeper into? Source: Conversation with Copilot, 7/18/2024 (1) Meta to drop Llama 3 400b next week — here’s why you should care. www.msn.com (2) Meta Platforms Hits 52-Week High: What's Next for META Investors?. markets.businessinsider.com (3) Meta is reportedly announcing mass layoffs this week. mashable.com (4) Apple, Microsoft, Meta, Google Stocks Hit 52-Week Highs: Which Is The Best Investment?. markets.businessinsider.com (5) Meta Platforms, Inc. (META) Latest Stock News & Headlines - Yahoo Finance. finance.yahoo.com (6) Latest Meta Company News | Meta - About Facebook. about.fb.com
NASDAQ:METALong
by KhanhC.Hoang
Meta Platforms Unpacking Growth Potential Amidst Market HeadwindMeta Platforms presents a compelling case study for investors navigating a dynamic market environment. While robust analyst expectations for earnings growth paint a promising picture, recent stock price performance has lagged behind broader market trends. The key factors influencing Meta's trajectory, include: Market Underperformance: Meta's stock has exhibited relative weakness compared to the S&P 500 and the technology sector. Encouraging Earnings Forecasts: Analysts anticipate significant year-over-year growth in both EPS and revenue. Strategic Growth Initiatives: Meta's substantial investments in artificial intelligence (AI) and virtual reality (VR) technologies position the company for future expansion. Regulatory Landscape: The company faces potential headwinds from regulatory hurdles in Brazil and the possibility of stricter antitrust enforcement. Politically Charged Environment: The reinstatement of former President Trump's social media accounts adds a layer of complexity to Meta's public relations strategy. Financial Strength: Meta boasts a robust balance sheet with a high gross profit margin, demonstrating a strong financial foundation. Undervaluation Potential: Meta's current P/E and PEG ratios suggest potential undervaluation relative to its projected earnings growth. Key Discussion Points Will Meta's upcoming earnings report on July 31st meet or exceed analyst expectations? How will regulatory developments in Brazil and potential antitrust actions affect Meta's operations? Can Meta successfully translate its AI and VR investments into tangible revenue streams? To what extent will the evolving political climate impact Meta's user base and advertising revenue? Based on Meta's financial health and growth prospects, does the current stock price represent an attractive entry point?
NASDAQ:METAShort
by signalmastermind