METAmorphosisNASDAQ:META weekly: bullish engulfing candle daily: bull flag breakout & close above 9/21 EMA Targetting equal highs and more optimistic new ATHsLongby siddheshmuley1462Updated 220
Meta: Tight Range at Old HighsMeta Platforms jumped last month and now some traders may see opportunity in its latest pullback. The first pattern on today’s chart is the $595.94 level. It was the record closing price on October 4 and near the top of the range in subsequent weeks. META rallied above it in early December and retreated to hold the same range in the second half of last month. Has old resistance become new support? The stabilization is also occurring near the 50-day simple moving average. That may reflect a bullish intermediate-term trend. Third, the social-media giant ended Friday above its 21-day exponential moving average. That may reflect a bullish short-term trend. Next, stochastics are turning up from an oversold condition. Finally, shaded boxes mark two interesting weekly patterns. The December 23-27 period saw prices remain within the previous candle. That bullish “inside week” was followed by bullish “outside week” December 30-January 3. That could also suggest that buyers are gaining the upper hand. TradeStation has, for decades, advanced the trading industry, providing access to stocks, options and futures. If you're born to trade, we could be for you. See our Overview for more. Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options or futures); therefore, you should not invest or risk money that you cannot afford to lose. Online trading is not suitable for all investors. View the document titled Characteristics and Risks of Standardized Options at www.TradeStation.com . Before trading any asset class, customers must read the relevant risk disclosure statements on www.TradeStation.com . System access and trade placement and execution may be delayed or fail due to market volatility and volume, quote delays, system and software errors, Internet traffic, outages and other factors. Securities and futures trading is offered to self-directed customers by TradeStation Securities, Inc., a broker-dealer registered with the Securities and Exchange Commission and a futures commission merchant licensed with the Commodity Futures Trading Commission). TradeStation Securities is a member of the Financial Industry Regulatory Authority, the National Futures Association, and a number of exchanges. TradeStation Securities, Inc. and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., both operating, and providing products and services, under the TradeStation brand and trademark. When applying for, or purchasing, accounts, subscriptions, products and services, it is important that you know which company you will be dealing with. Visit www.TradeStation.com for further important information explaining what this means.by TradeStation7
META Breakout or Breakdown? Critical Zones to Watch Current Trend: META is showing recovery signs on the 1-hour chart, forming higher lows and testing the upper boundary of a descending trendline. On the daily chart, the price is in consolidation with minor bullish divergence visible in momentum indicators. * Key Observations from Indicators: * MACD (1-hour): Shows a bullish crossover, with the histogram gaining strength, signaling upward momentum. * Stochastic RSI (1-hour): Near overbought levels, suggesting caution for further upside in the short term. * Volume: Lower during the recovery phase, indicating that buyers may lack strength to push higher decisively. Key Support and Resistance Levels (Daily Chart): * Support Levels: * $590: Immediate support with decent PUT activity. * $583: Strong support zone aligned with the recent low and GEX data. * Resistance Levels: * $601-$602: Immediate resistance near the breakout zone of the descending channel. * $610: Key psychological and historical resistance level, aligning with CALL wall activity. * $620-$632: Significant resistance cluster as seen from prior rejection points and the upper channel boundary. GEX Insights: * Gamma Exposure (GEX): * Positive GEX Zones: Above $601, CALL dominance increases, acting as a significant resistance zone. * Negative GEX Zones: Below $590, gamma exposure shifts negatively, indicating increased downside volatility. * Options Activity: * Moderate IVR levels suggest options premiums are reasonably priced, suitable for directional plays. * PUT walls at $583-$590 indicate strong support zones, while CALL walls at $601-$610 highlight stiff resistance. Trade Scenarios: Bullish Scenario: * Entry: Above $602. * Target: $610 (initial), $620-$632 (extended). * Stop-Loss: Below $590 to minimize downside risk. Bearish Scenario: * Entry: Below $590. * Target: $583 (initial), with further extension to $575. * Stop-Loss: Above $601 to cap losses. Conclusion: META is at a pivotal juncture. A breakout above $602 could lead to a strong bullish move, while rejection from this level might push the price back to retest $590 or $583. Traders should closely monitor momentum and volume at these critical levels. Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always conduct your own research and trade responsibly. by BullBearInsightsUpdated 3
META trend ending !?possibly a perfect short entry, 2 monthly topping tails in the last 3 month indicating exhaustion and a possible trend reversal, targets will be 550 - 380 and possibly 250. will be accumulating shorts from here up to 650 with stop a monthly close above 650Shortby lell03122
Meta Analysis: Navigating Corrections and Entry Points 25.01.03Hello, this is Greedy All-Day. Today, we’ll be analyzing Meta Platforms (META) and exploring its technical structure, correction patterns, and potential entry points. Weekly Chart Overview Since its IPO in 2012, Meta has maintained a largely stable uptrend, excluding the significant correction from 2021 to 2022. Historical corrections from Meta’s highs have averaged around 35%, with the broader trend remaining bullish. How Should We Approach Meta? If you're a value investor, any price might be a good price. Over the years, Meta has demonstrated significant growth, with a nearly 400% increase between 2013 and its pre-2021 highs. However, as technical analysts, we aim to optimize entry points during corrections to maximize returns. Let’s dive into the potential setups and risks. Rising Wedge Pattern: A Sign of Potential Correction The current chart indicates a rising wedge pattern that has been forming since April 2024, a period spanning nearly 10 months. Rising wedges are inherently bearish reversal patterns, often preceding corrections. Key Levels: If the pattern breaks downward, Meta could decline toward the pattern’s origin between $442 and $414. Historical Context: Past corrections for Meta have averaged around 20%, making such a drop well within reason. Meta’s Unique Supply Zone Behavior Unlike many stocks that rebound at the upper boundaries of supply zones, Meta has a tendency to dip into the middle of the supply zone before finding support and rebounding. This behavior suggests that when preparing to enter during corrections, focusing on the midpoint of key supply zones could provide better opportunities for long-term gains. Optimal Entry Points 1st Entry Zone: Rising Wedge Breakdown Zone: $442–$414 (light blue box) If the rising wedge breaks downward, the pattern’s origin offers a strong entry point for those waiting for a correction. 2nd Entry Zone: Historical Support Levels Zone: $312–$280 (blue box) Although traditional logic might suggest entering near the green box (upper boundary), Meta’s history of testing the middle of its supply zones during corrections justifies adjusting the range lower. 3rd Entry Zone: Deep Correction Scenario Zone: $210 While unlikely in the near term, this level represents a potential re-test of historical lows should broader market conditions worsen significantly. 4th Entry Zone: Extreme Hypothetical Zone: $137 If Meta’s current peak mirrors its 76% decline during its last significant correction, $137 would represent a theoretical target. While highly improbable, it’s worth noting for extreme long-term planning. Signs of a Larger Correction Corrections often begin when Meta fails to hold support at the weekly 60 EMA. Historically, Meta has transitioned into long-term downtrends after repeatedly testing and failing at the 60 EMA. Key Level: The current 60 EMA is at $491. If Meta fails to sustain above this level, it could signal the start of a deeper correction. Conclusion Meta remains a fundamentally strong company with significant growth potential, but the technical outlook suggests caution in the short to medium term: For Value Investors: Entering at any price might work in the long term, but technical traders should prioritize corrections for optimal entry. Rising Wedge Pattern: A breakdown could lead to a 20% correction, with potential targets in the $442–$414 range. Key Levels to Watch: The weekly 60 EMA at $491 will be a critical level to gauge whether Meta enters a longer correction phase. Optimal Entry Points: Look to accumulate between $312 and $280 or lower if the correction deepens. Let’s approach the market strategically and position ourselves for long-term success. 🚀by Greedy_allday3
META - Just a correction, trend is bullishType: Investment (Not trade) META has been in a strong bull trend for years. So we expect it to remain. For those who wants to increase their share, here is our analysis showing a potential pull back levels. In a bull trend it is not easy to find correction waves. As we have been experiencing for NASDAQ:NVDA and $NASDAQ:TSLA. That is why we do not recommend to sell but find potential levels to increase number of shares. META has been revolving around a trend line. A head and shoulders formation may bring prices to the fibo levels illustrated in the chart. Shortby EmreSrn5
Meta Platforms Inc. (META): Long-Term Elliott Wave Perspective🚨 Disclaimer: This is for educational purposes only. Not financial advice. Always consult a financial professional before investing. Elliott Wave Breakdown Macro Structure: - Meta is in a right-side bullish cycle, showcasing an impulsive Elliott Wave structure on the weekly chart. - The chart highlights a completed Wave III with a potential corrective structure (Wave IV) underway. Current Position: - Price: $585.51 - Wave III reached its peak, completing a five-wave structure. - Meta is in the early stages of forming an ABC corrective wave as part of Wave IV. Wave IV Correction: - Wave IV is expected to retrace to the $480–$520 zone, forming an ABC corrective structure. - Post-correction, Wave V should lead to new highs. Invalidation Level: - The invalidation level for the bullish structure is $87.75. Falling below this level would negate the current wave count. Key Levels to Watch Support Zones: - $520: Key retracement level for Wave IV. - $480: Deeper correction support. Resistance Zones: - $650: Immediate resistance zone. - $720+: Target zone for Wave V. Technical Indicators Fibonacci Retracement Levels: - 38.2% retracement: $520 - 50% retracement: $480 Wave V Targets: - Fibonacci extensions project Wave V beyond $700, possibly reaching $840 in an extended bull run. Strategy Suggestions Long-Term Investors: - Buy Zone: $480–$520 during the Wave IV correction phase. - Long-term targets suggest significant upside potential as Meta heads toward Wave V. Macro Catalysts to Monitor - Earnings Growth: Meta’s revenue from ads and metaverse investments will play a significant role in driving momentum. - Sector Sentiment: Growth in the tech sector will directly impact Meta’s performance. - Market Conditions: Federal Reserve policy, interest rates, and broader economic conditions will shape the price trajectory. Conclusion Meta remains a strong long-term bullish candidate with a clear Elliott Wave structure. While a corrective Wave IV pullback is expected, it offers a great buying opportunity for those targeting the next impulsive rally into Wave V. 💡 How are you trading Meta? Share your insights or ask questions below! 🚀Longby MrStockWhale1
End of the roadThe stock is completing an ending diagonal and we can expect the bearish run to start. Shortby KatlehoThaba1
MERRY CHRISTMAS & HAPPY HOLIDAYS FRIENDS!Leading by Example This Christmas! 🎄 I'm out of here and going to focus on what truly matters most. Lets put the phones down, accounts to the side, and focus on Family, Faith, & Friends which are most important! Go be with them and cherish these moments! ❤️ Wishing you all a Merry Christmas & Happy Holidays, I'll be off the grid until Thursday. 🫡Longby RonnieV29242499
Meta - The Final Resistance Breakout!Meta ( NASDAQ:META ) could actually break the resistance trendline: Click chart above to see the detailed analysis👆🏻 As we are speaking, Meta is actually retesting the major (and only) resistance trendline of the reverse triangle pattern. If we actually see the bullish breakout - which obviously has to then be confirmed - this triangle breakout could lead to an immediate rally of more than +40%. Levels to watch: $650, $1.000 Keep your long term vision, Philip (BasicTrading)Long03:37by basictradingtvUpdated 181860
My FOMO Nightmare: How Missing One Trade Changed My Trading LifeI remember the day like it was yesterday. I was scrolling through X (Twitter), seeing everyone go wild over this one stock. My heart raced as I watched the price skyrocket, but I hesitated. I hadn't done my homework on this one, and something felt off. But the fear of missing out? That was eating at me. The next day, I woke up to see the stock had crashed. My initial relief turned into regret. Maybe I could've sold at the peak if I had just jumped in like everyone else. That's when FOMO, or Fear Of Missing Out, became my trading nemesis: -Hasty Actions: I started jumping into trades at the last minute, driven by the buzz on social media, not by my own analysis. -Screen Addiction: I couldn't step away from my screen, worried I'd miss the next big move. My life began revolving around the market's every twitch. - Chasing Losses: After missing a few opportunities, I found myself in a dangerous cycle, trying to make up for lost gains with even riskier trades. But here's the twist in my story. One evening, after a particularly bad day of chasing trends, I sat back and realized how this fear was controlling me, not my strategy. I decided to change. I set strict rules for myself: no trading based on social media hype, sticking to my research, and remembering that every market has its patterns - there's always another chance if you miss one. Now, I trade with a calm mind, knowing that if I miss one trade, there'll be another. If you've ever felt that burning desire to join the rush, only to regret it later, you're not alone. Let's share our stories and strategies for overcoming FOMO. DM me if you want to chat about how we can keep our heads in the game, not just our eyes on the screen. Kris/ Mindbloome Exchange Trade What You See Educationby Mindbloome-Trading1
META Long on Regression BreakMETA has broken it's regression break and the other magnificent 7 have already or are about to breakLongby Rowland-Australia0
META Long ideaBullish breakout: Entry price 604.63 Take Profit 902.66 Stop Loss 493.37Longby Berzerk_invest0
META corrective sequenceStrength to the downside after a bullish move breaking previous local high. Expecting a bounce to the 61.8% where I expect a sell off to occur to lower lows.by anthonysom0
META technical view and outlookWhen it comes to trading and investing in Meta Platforms for Q1 2025, the strategy is clear. Long-term, Meta is looking quite bullish. If the company nails cost efficiency and continues to advance in AI, 2025 could be another stellar year for them. But let’s not ignore the short-term volatility that might creep in. Meta’s stock is currently riding high, trading above both the 50-day and 100-day moving averages. This trend certainly backs up the bullish vibe. Yet, since December 12, 2024, we’ve witnessed a significant selloff, partly because Mark Zuckerberg offloaded some shares to pocket some profits. This has kept Meta’s share price struggling around the $637 mark. In the near term, though, there’s a fair shot at the stock hitting $613, thanks to the positive sentiment surrounding it. So, what’s the play here? For momentum traders, scoop up some shares on those weaker trading days. The share price might just tick up before the earnings report drops. Plus, Meta’s valuation is appealing — it’s trading at a P/E of 27.9x, which is below the average among its peers. As for the price-to-sales ratio, it seems fairly priced. In summary, Meta could experience some short-term bullish momentum in January, making it an intriguing prospect for swing traders. Personally, I’m keeping Meta on hold in my portfolio.Longby IrinaTK0
$META triple bottom. NASDAQ:META if we break above the previous resistance, should see potential move to the upside. However I would be cautious with the QQQ weakness. Longby Scorpion200
META Bullish Momentum – Targeting $639!🚀 META Bullish Momentum – Targeting $639! 🚀 📊 Trade Setup: Take Profit 1: $610.00 Take Profit 2: $639.00 (previous high) Stop Loss: $578.92 (below demand zone and channel support) 📈 Analysis: META has been trading in a strong uptrend channel for the past 3 months, consistently forming higher highs and higher lows. With a positive opening on the first trading day of 2025 , the stock has already seen a +2% increase , reflecting s trong bullish sentiment. The price is now approaching key resistance levels at $610 and the previous high at $639. A breakout above these levels could drive prices even higher, confirming the continuation of the uptrend. 🎯 Targets: $610.00: Short-term resistance $639.00: Previous high and key breakout zone 🔹 Risk Management: Stop loss placed at $578.92 , just below the demand zone and channel support, ensuring controlled risk if the trend reverses. ⚡ What do you think about META’s bullish momentum? Will it break above $639? Drop your thoughts below! ⚡Longby ValchevFinance3
META Analysis and Price Projections for 2025Analysis and Price Projections for 2025 (3-to-5-Month Outlook) Below is my analysis for each chart with a focus on Elliott Wave patterns, Fibonacci levels, and potential buy-the-dip opportunities. Meta Platforms Inc. (META) Current Price: $585.51 Key Levels: Resistance: $716.05 (0.618 Fibonacci extension). Support: $526.45 (50% retracement), $500.00 (61.8% retracement). Outlook: META is likely in a corrective phase after completing Wave 5. A pullback to $526.45 or $500.00 could provide attractive entry points. Projection: META may recover to test the $650-$700 range by late Q2 2025. The degree of that Impulse Wave will determine if we end the within 2024 range or we breakout more towards $750 or $800 in 2025. by scotthenderson0
Meta Platforms (META): Testing Momentum—Breakout or Reversal?🔥 LucanInvestor’s Commands: 🩸 Resistance: $613.00. A breakout targets $625 and $640, signaling strong bullish continuation. 🩸 Support: $590.00. A breakdown exposes $575 and $560, indicating further correction potential. 🔥 LucanInvestor’s Strategy: 🩸 Long: Above $613.00, aiming for $625 and $640. Strong buying volume is key for sustaining the rally. 🩸 Short: Below $590.00, targeting $575 and $560. A loss of support could lead to accelerated selling. 🩸 Meta has held steady above its 200 EMA, maintaining a bullish structure despite early signs of weakening momentum on the MACD. A breakout above $613 could reignite the uptrend, while a break below $590 may trigger profit-taking. Year-to-date performance of +70.73% underscores Meta’s strength, but this level is critical for the next move. 👑 "Adapt, act, and thrive. The market rewards precision and courage." — LucanInvestorby LucanInvestor1
META Long Setup – A Confluence of Fibonacci and Wave SupportOverview: Meta Platforms, Inc. (NASDAQ: META) continues to be a dominant player in the tech space, fueled by its advancements in AI and the ongoing pivot to the metaverse. This setup takes into account both macroeconomic conditions and technical factors to identify a high-probability trade. 📊 Technical Analysis: Fibonacci Levels: The price has retraced to the 61.8% ($583.19) and 65% ($580.34) Fibonacci levels, forming a potential buy zone. These levels have historically acted as strong support during Meta’s corrections. Elliott Wave Structure: Wave (IV) correction appears to be completing near the 0.618 retracement, aligning with the broader uptrend. Expecting a bounce in Wave (V) toward new highs. Key Levels: - Entry Zone: $583.19 - $580.34 (marked by the shaded box). - Stop-Loss: $576.33 (below key support to minimize risk). - Target 1: $606.11 – Alignment with prior resistance. - Target 2: $627.35 – Extension toward the next key level. 🌐 Macro Overview: Tech Resilience in Tight Liquidity Conditions: Despite rising interest rates, META has outperformed the NASDAQ 100 due to its AI-driven growth initiatives and continued monetization improvements in Instagram and WhatsApp. Ad Recovery: Signs of recovery in digital advertising could provide further tailwinds for META, especially as businesses increase ad spending during Q4. AI and Metaverse Bets: Meta's Reality Labs losses have stabilized, and investors are showing increased confidence in their long-term strategy as AI integration becomes evident across their platforms. 📈 Trade Plan: Entry Zone: Wait for the price to approach $583.19–$580.34 to enter long positions. Risk-Reward: This setup offers a strong risk-reward ratio of 3:1, assuming both targets are met. Key Note: Watch for a confirmed bounce from the buy zone before executing the trade. Should the price break below $576.33, the setup will be invalidated. 📌 Final Thoughts: META remains a strong growth stock amidst macro uncertainty. This trade setup leverages both fundamental trends and technical confluences for a calculated entry. Feel free to share your thoughts or ask questions in the comments below.Longby MrStockWhale0
Facebook ($META) - Potential Long Setup HereOverview: META Platforms Inc. has been at the forefront of reshaping digital interaction through its investments in the metaverse, artificial intelligence, and its robust ad-tech ecosystem. The recent pullback in price offers a potential buying opportunity, backed by key technical levels and promising fundamentals. Fundamental Analysis: - Metaverse Investment & AI Push META's heavy investment in Reality Labs has been a drag on profitability but signals long-term commitment to innovation. Additionally, META has been leveraging AI to optimize its ad delivery systems, boosting revenue from its core business. - Ad Revenue Growth With improving global macroeconomic conditions and advertisers adapting to new privacy rules (post-IDFA), META's ad revenue is expected to maintain steady growth. The upcoming Q4 earnings will be pivotal in assessing this trend. - Cost Optimization META’s cost-cutting measures, including its recent layoffs, show commitment to operational efficiency, which could improve margins moving forward. Macro Trends: - Interest Rates The Federal Reserve’s dovish stance on interest rates could positively impact growth stocks like META, providing tailwinds to its valuation. Consumer Behavior: With digital ad spending expected to grow in 2024, META remains a beneficiary of the increasing shift to online advertising. Technical Analysis: Key Levels: - Buy Zone: $580.39 - $583.25 (Fibonacci 0.618 - 0.65 retracement). This area has confluence with a prior structural pivot and could act as strong support. - Stop-Loss: $574.65 (below the critical swing low). Targets: - Target 1: $604.29 (Fibonacci 0.382 retracement). - Target 2: $659.40 (Fibonacci -0.236 extension). Wave Count: The Elliott Wave structure suggests that META may be completing a corrective wave (WXY). A reversal in the blue "Buy Zone" could signal the start of a new impulsive wave. Momentum Indicators: Elder Impulse System shows bearish momentum waning, hinting at a potential reversal. RSI (not shown) is also approaching oversold territory, supporting a bounce scenario. Trade Plan: - Entry: $583.25 - Stop-Loss: $574.65 Targets: - Target 1: $604.29 - Target 2: $659.40 Conclusion: META offers a compelling buy opportunity as it consolidates near strong support levels. With its focus on metaverse innovation, AI, and cost optimization, coupled with improving macro conditions, META could see significant upside. However, investors should watch Q4 earnings closely and remain mindful of risks associated with metaverse-related expenditures. Disclaimer: This analysis is for educational purposes only and not financial advice. Always conduct your own research before making trading decisions. Longby MrStockWhale0
META, MAJOR CORRECTION LIKELY SOON Hey guys I wanted to share what I’m seeing in meta on the 2 week. Meta is another one that’s had a very nice move for a while. I hope some of y’all did well on it. Meta is coming to the end of this phase and it’s due for a large correction very soon in my opinion. We have strong bearish divergence between price action, strength, and volume combined. Also hitting a major trend line. It’s in the final stages of wave 5 now. The rsi is finally about ready to rollover as well. Over the coming weeks and months ahead we are looking at a potential 35% correction from here for Meta. Of course there will be some nice swing trading in the middle of all this which is what we do at THE TRADER EDGE. I still wanted to start sharing the bigger pic ideas with the public in hopes that I can truly add a little value to someone out there. As traders we always trade the higher probabilities. Nothing is certain here with meta but the probabilities of at least a hard correction are very high. Stay safe, stay focused, no emotions. God bless y’all 👊🏼 Visit us at : thetraderedge.com Shortby Thetraderedge0