META 529 AFTER EARNINGS ? REASONS WHY !!
AI Integration and Advancements: Meta has been prioritizing the integration of artificial intelligence across its applications, which has played a crucial role in the company’s rally2. The market has responded positively to Meta’s efforts in developing and monetizing AI applications, leading to a boost in the stock price.
2. Digital Advertising Market Recovery: The digital advertising market has seen a rebound, which has directly benefited Meta’s core revenue stream. As one of the leaders in digital advertising, Meta’s financial performance has improved with the market’s recovery.
3. Operational Cost Reduction: Meta has implemented several rounds of layoffs, reducing its operating costs significantly. This move has improved the company’s profitability and margins, making it more attractive to investors.
4. Strategic Shifts: Meta has made strategic shifts, such as scaling back its investments in the metaverse, which were initially met with skepticism. This change in strategy has improved investor confidence and contributed to the stock’s growth.
5. Market Conditions: The overall market conditions, including interest rates and economic policies, have also played a role in Meta’s stock performance. A favorable environment for tech stocks has helped propel Meta’s stock to new heights.
META trade ideas
META ENTER 408 TP 416 AFTER EARNINGS NASDAQ:META
Growth and Profitability: Bank of America Securities analyst Justin Post maintains a bullish stance on Meta stock, citing potential for growth and profitability1. His analysis anticipates a fourth quarter revenue surpassing the consensus estimates, driven by a 22% year-over-year increase1. This optimistic outlook is fueled by the positive momentum of Reels and advancements in artificial intelligence1.
Monetization of Reels and Messaging: Post believes that Meta is in the early stages of monetizing Reels and messaging, and that ongoing AI and machine learning integrations will enhance user engagement and advertising spend1.
New Products Leveraging AI: The anticipation of new products leveraging Meta’s AI assets, combined with an attractive valuation excluding Metaverse losses, further supports the Buy recommendation1.
Bullish Diagonal Spread: Some investors are going bullish on Meta stock with a diagonal spread2. This strategy involves buying a call option and selling a shorter-term call option against it2.
Advancements in Tech Tools: Meta continually advances its next-gen tech tools, like their AI Code Llama for coding assistance3.
Investment in Metaverse: Meta Platforms is investing billions into the metaverse4. Changes to iOS have stalled Meta’s top line, but Wall Street thinks this will be short-lived
ENTER 408 TP 416 After Earnings
Meta Stock Could Reach $520 by July 2024 Earnings ReportNASDAQ:META
Why Meta Stock Could Reach $520 by July 2024 Earnings Report
Meta Platforms, Inc., formerly known as Facebook, has been making significant strides in its business operations, which could potentially drive its stock price to $520 by the time of its July 2024 earnings report. Here are some key reasons:
1. Strong Performance in Q1 2024
Meta reported a robust first quarter in 2024, with revenue soaring 27% to $36.4 billion compared to the same period last year1. Net income also saw a substantial increase of 117% to $12.4 billion. This strong financial performance indicates a healthy growth trajectory for the company.
2. Significant Investment in AI
CEO Mark Zuckerberg has announced plans for significant investment in artificial intelligence2. While this initially caused a 12% slump in the META stock price, it’s a strategic long-term investment that could potentially drive future growth and profitability.
3. Positive Stock Forecasts
Analysts have made positive predictions about Meta’s stock price. For instance, WalletInvestor forecasts a price of $517.58, while TipRanks predicts a price of $547.45. These predictions suggest a potential for the stock price to reach $520.
4. Expected Growth in Q2 2024
Meta’s CFO has projected total revenue for Q2 2024 to be in the range of $36.5-39 billion. This expected growth could further boost investor confidence and drive up the stock price.
5. Long-Term Growth Potential
Meta has demonstrated a long-term growth potential, with its stock price rising 110% from $209.40 to $441.38 in the 12 months leading up to April 25, 2024. This trend suggests that the company has the potential to reach the $520 mark by July 2024.
Macro Forces Align for Meta: Facebook Long Trade OutlookNASDAQ:META just confirmed another macro bullish trend!
There is a 2 week Time at Mode confirmation with targets of $700, $760 and $830 by February 2025. Not only this but there's also an even higher timeframe Time at Mode bullish trend confirmed on the monthly chart which expires on April 2025. Looks like Q1 2025 will be a nice ride up!
If we get the divine retrace of around $480's we BUY THE DIP and wouldn't hurt simply dollar cost averaging your way in as such a steep retrace could not even happen.
META: Rising Wedge breaking aims at $900Meta Platforms is bullish on its 1D technical outlook (RSI = 60.713, MACD = 12.470, ADX = 49.506), extending the uptrend inside the Rising Wedge that started in July. Technically that pattern is part of the larger Channel Up that dates more than a year back. That also started on a Rising Wedge, which when it broke, it made a +68.89% rise to a HH. So with the 1W RSI on a similar Bullish Cross, we expect the Rising Wedge to break soon and rise by more than +68% (TP = $900.00).
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Meta stock long - OrderflowMeta Platforms has 7.29% upside potential, based on the analysts' average price target. Is META a Buy, Sell or Hold? Meta Platforms has a consensus rating of Strong Buy which is based on 40 buy ratings, 3 hold ratings and 1 sell ratings. The average price target for Meta Platforms is $665.56. NASDAQ:META
META’s Next Move: Decoding GEX for Optimal Trades!Key Observations:
* Price Movement: META is trading at $631, showing consolidation near the Highest Positive NETGEX / Call Resistance level.
* Volume Insights: Moderate volume suggests balanced sentiment between buyers and sellers.
GEX Levels:
1. Resistance Levels:
* 638.5: Highest Positive NETGEX and a critical resistance level where significant call activity is concentrated.
* 645 (2nd Call Wall): A breakout above $638.5 could lead META to test $645.
* 650 (3rd Call Wall): Extended target in a bullish scenario.
2. Support Levels:
* 625: Immediate support; a breach could push META toward the lower levels.
* 620: Key Put Support, expected to provide a strong cushion.
Options Oscillator Insights:
* IVR (Implied Volatility Rank): 8.1 – Low implied volatility rank indicates that options are relatively inexpensive, suitable for buyers.
* IVx (Implied Volatility Average): 30.4% – Moderate volatility, reflecting potential price movement in the short term.
* Call %: 37.8% – Bullish sentiment, with calls slightly outweighing puts.
Trade Recommendations:
1. Bullish Setup:
* Trade: Buy META $640 Call expiring December 22, 2024.
* Target: $645–$650.
* Stop Loss: Below $625.
2. Bearish Setup:
* Trade: Buy META $620 Put expiring December 22, 2024.
* Target: $620 or lower.
* Stop Loss: Above $638.5.
Conclusion:
META is positioned at a critical juncture, with the GEX and Options Oscillator indicating potential for either a breakout above $638.5 or a pullback to test support at $625. Traders can leverage these levels for high-probability setups.
Disclaimer: This analysis is for informational purposes only. Always trade responsibly and consider your risk tolerance.
META watch $635 then 668: Major fib clusters that may cause DipsMETA broke out of a flag and ran into a fib cluster.
This would be a good spot for local top and a dip.
Alternatively a break and retest could be an add.
$ 634.32 - 638.33 is the immediate resistance.
$ 667.93 - 668.65 is the next serious barrier.
$ 600.00 - 601.85 is first good support below.
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Previous Plots:
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$400 Break out:
$489 Golden Genesis:
$600 pullback:
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Counting down to 19 Jan 2025 - fate of TiktokUnless you are not a social media user, then you will know that the fate of Tik Tok in US is darkening by the days.........
With President Trump taking over effective 20 January 2025, the timing cannot be more precise. The 45 days grace period is not useful since Tiktok has to consider selling as a prerequisite which they have no intention at all.
The two companies that will stand to benefit will be Meta Platforms/Facebook or Youtube owns by Google. I would think the latter stands a better chance as the lion share of social media users lie with Meta Platform - Facebook, Facebook Messenger, Instagram.
So I will be watching these two stocks closely and accumulate when there is an opportunity.
META - 4h time frame analysisHi traders!
The price is currently near the support level and it's at the bottom of the BB indicator.
The RSI is at 33.44, nearing an oversold area, suggesting the possibility of a bounce from this level. If the price holds above $553 and shows bullish signs a long position could be a good opportunity.
Entry: $554
Target: $591
Stop loss: $547
Risk-reward ratio: 6,01
META Trading Plan & Analysis: Should You Ride the Trend or WaitAs of December 8, 2024, Meta Platforms Inc. (META) is trading at $601.67. Let’s dive into the technicals and fundamentals to strategize!
1. Fundamental Analysis: Meta’s Strengths and Growth Potential
* Forward P/E Ratio: Estimated at 21.5, indicating a premium valuation for a growth tech giant but justified given its strong fundamentals.
* Expected EPS Growth: Analysts project a robust 18.2% 5-year EPS growth, fueled by its dominance in social media and investments in AI and the Metaverse.
* Expected Revenue Growth: Meta’s revenue is expected to grow by 11.8% annually over the next five years, indicating sustained user engagement and ad spending recovery.
* Net Margins: A stellar 28.5%, reflecting Meta’s cost efficiencies and high profitability in its core advertising business.
Fundamental Rating: 9/10
Meta’s growth prospects, profitability, and strong market position make it an appealing investment for long-term growth-oriented investors.
2. Technical Analysis: META’s Price Action & Setup
Support and Resistance Levels:
* Key Resistance: $629.79 (previous high and liquidity zone).
* Immediate Support: $547.75 (recent breakout level and psychological threshold).
* Secondary Support: $496.44 (50-day EMA and previous demand zone).
Indicators:
* MACD: Bullish crossover, confirming positive momentum.
* Moving Averages:
* 20-day EMA: Positioned at $580.50, acting as dynamic support.
* 200-day EMA: Positioned at $496.44, signaling a long-term uptrend.
Liquidity Zones & Order Blocks:
* Liquidity Zone: $547.75 to $601.67, where recent accumulation suggests institutional buying.
* Order Block: $520 to $547, indicating strong demand in case of a pullback.
Bullish Scenario:
* A breakout above $629.79 could open the door for further gains toward $650 or higher, with momentum-driven buying.
Bearish Scenario:
* A rejection at $629.79 followed by a breakdown below $547.75 could trigger a pullback to $520 or the 200-day EMA at $496.44.
3. Trading Plan: Playbook for Scalping & Swing Trading
Scalping Setup:
* Entry: Look for a retest and bounce off $601 or $580.
* Target: $615 (short-term resistance) or $629 (upper range of current consolidation).
* Stop-Loss: $574 (below recent demand zone).
Swing Trading Setup:
* Entry: Accumulate near $547 (key support) or wait for a breakout above $630 with volume.
* Target: $675 to $700 for a medium-term bullish target.
* Stop-Loss: Below $520 to manage downside risks.
4. Where META Might Be Headed Next
Meta is in a solid uptrend, supported by strong fundamentals and bullish technical signals. The stock is currently in a consolidation phase near the $600 mark, which could act as a launchpad for another leg higher. However, patience is key—pullbacks to $547 or even $520 would present better risk-reward opportunities for longer-term entries.
Disclaimer
This analysis is for informational purposes only and not financial advice. Always do your own research and consult a professional before trading.
Room for META to run...This analysis begins with the bowl-shaped accumulation which eventually broke to the upside. The depth of the accumulation(black vertical line in bowl) indicates a likely target for upward potential (vertical green line). The purple lines in and out of the recent bull flag show a measured move price target pretty close to that of the previously mentioned target. This is not the most beautiful chart but I believe that because of the big accumulation and the recent broken-out-of bull flag, we will see META at 700/share sooner than later...
TOO MUCH METAMeta has aggressively shifted its focus toward AI, investing heavily in AI infrastructure and technologies to improve its platform offerings. AI is being used across its platforms for improving ad targeting, enhancing user engagement, and powering recommendation systems (e.g., in Instagram and Facebook). This AI integration is leading to better user experiences and increased advertiser value.
Meta has been introducing new features aimed at increasing monetization, such as in-app shopping, direct-to-consumer services on Instagram, and WhatsApp’s push towards business and e-commerce solutions. These features are adding new revenue streams beyond traditional ads.
As Nvidia churns out more chips for future al products, META puts them into practice across its giant social media ecosystem. In early October , META stock reached its all time high of $595.94. Year to date, META shares are up 61%. The company has adopted Apple's approach of massive stock buybacks. In February this year, META authorized an additional $50 billion in share repurchases, following the $30.93 billion executed December 2023. META is scheduled to release its Q3 earnings results at the end of the month, on OCTOBER 30TH. Like Nvidia, the company beat EPS estimates during the year, with the last quarter showing 9.79% surprise. For the next quarter, analyst EPS consensus is $5.17 vs 4.39 in the year ago quarter,repsenting nearly 18% valuation growth. There is too much META and growth coming .its a good buy
Meta Platforms (META) Stock Surges Above $600Meta Platforms (META) Stock Surges Above $600
On 19 November, we analysed the Meta Platforms (META) stock chart, highlighting:
→ the formation of a long-term upward channel (shown in blue);
→ the importance of the psychological $600 level;
→ the scenario of a bullish trend resumption with a rebound from the channel's lower boundary.
Since then:
→ as anticipated, the price reversed upwards (indicated by an arrow);
→ it broke key resistance at $600, reaching an all-time high.
The bullish momentum in META's stock price was supported by reports that:
→ AI-based tools are helping the company better monetise its vast user base and boost advertising revenue;
→ CEO Mark Zuckerberg dined with Donald Trump, suggesting their relationship may improve after Trump's prior criticism of Zuckerberg's platforms over information policies.
What’s Next?
Technical analysis of Meta Platforms (META) stock shows:
→ the decline from B to C represents approximately 50% of the rise from A to B – a bullish signal;
→ after two strong candles on Monday and Tuesday, price growth slowed on Wednesday – a bearish signal.
This suggests that buying momentum may be weakening, and bulls might now focus on maintaining levels above $600.
Analysts remain optimistic. According to TipRanks:
→ 40 out of 44 surveyed analysts recommend buying META stock;
→ the average 12-month price target for META is $662.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
META break out, road to 736$ ?? and 821$ ??META stock did break the resistance of the correction we had during this year and now it has break the resistance of the smaller correction. So, there is fuel for a bullish move.
Applying correctly the Fibonacci Levels, I would have an initial target at 736$ and a second target arround 821$.
My stop loss would be at 546$, just under the last small support we did 8 days ago.
Top 5 Weekly Trade Ideas #5 - META Broadening WedgeHere's a broadening wedge on the 1hr. I have posted about the previous supply zone I expect to flip to demand starting around $544.45, also a previous ATH and there's a gap in the area. Ideally it would move down into demand and tap the lower trendline at the same time. I think anywhere in the $540 - $545 area would be a good spot to long with a stop below $540.
That would be ideal, but it might not play out that way if we gap up tomorrow or don't drop any this week. First upside target would be around $573 and then up to the upper trend line near ATH for the final target.
Meta for SwingGreetings, everyone. Today i am presenting my analysis of the daily chart for Meta, which leans predominantly towards a bearish outlook. This is substantiated by the formation of a lower high following the recent peak, coupled with the Relative Strength Index (RSI) signaling a bearish divergence.
Here’s a more sophisticated version of this trading idea-:
The level at 544 is presenting itself as a formidable resistance on the given chart. Should this support level be breached and the price secure a close below it, we can anticipate the subsequent targets materializing in the near future.
Alternatively We might observe a rebound from the stated support level, following which the price could encounter resistance along the descending trendline, resulting in another rejection. This scenario may lead to the formation of a lower high, subsequently increasing the likelihood of the aforementioned support breaking down entirely.
This perspective loses it's validity in the absence of a definitive rejection from the descending resistance level, coupled with the failure to establish a viable short-entry position.
Rest i will update idea accordingly, Hope you like my view.
Best Regards- Amit
META to $700! Hope you bought the DIPNASDAQ:META to $700! Hope you bought the DIP
We have already broken out of the ascending triangle pattern into all time highs.
We have now came back to retest that breakout while also creating a new bull flag that is gearing up to breakout!
Two things we need the breakout and the flip to GREEN on the H5 Indicator for an entry and ride 19% higher!
Measure Move for both charting patterns is $706 with a timeframe of My birthday: 10Feb!
NFA
META with Bullish StructureMETA has completed a five point bullish broadening wedge. Analyst should look for a new impulsive 5 wave pattern to emerge from this. A pull back wave 2 is likely next putting the next buy range target between $550 and $560. The eager investor may opt for long option chains or buy and hold. Consider BTC's break out of it's broadening wedge for reference.
Current condition: pull back to buy zone or break out from the wedge.