META trade ideas
Wave 3 ? I see 2 potential targets .....
1st Target AB=CD 280 POC R1 Yearly
2nd Target 380 if wave gets extended 168% POC.
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.
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.
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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.
#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 target
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 $70 mark,
This is literally some lines drawn over a chart with absolutely no research done what so ever. Done purely so I can press the play button in a years time to see what happened, so pay no attention =)
META with a bullish outlook following its earnings #StocksThe PEAD projected a bullish outlook for META after a positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 75%.
Meta (facaebook)This is why you need to zoom out and see the bigger patterns possibly morphing into existance.
Massive drops require time to create new proper launch pads to support next bull runs.
#meta #nasdaq #bitcoin #spx
META has a GAP down that hasn´t been filled yetThe Gap down made it before bearish moments, hasn´t been filled so I think after 245 area, we will have green light for more new bullish/long positions to the next target price!
META uptrendAll on the chart. META is sitting above EMA10, looking positive. Supports have been holding. Will follow the week and then zoom out to a weekly chart for a review.
#BA moving in EW3. Expect still bearish .#BA Daily chart bearish harami cross and rejected trendline.
#BA moving in EW3, so i still bearish #BA until it can re-test level 185-187$.
The last breathThis mini channel looks very weak. I think is going to break down, there is mayor resistance above and it doesn't look like wants to break it. I'll buy some puts tomorrow and see how it goes.
🎯 Trade Idea for $META:🎯 Trade Idea for NASDAQ:META :
With a strong rebound off the 9 day EMA 📈, wedge breakout 🔓, confirmed by the candle 🕯️, plus a 2-2-2u reversal in play on both daily and weekly charts 🔄.
📲 Calls to consider over $240.26.
🎯 Target prices at $241.75, $244.92.
📉 Puts to consider under $235.33.
🔻 Target down to $231.55.
Correction to $180 zone After completing an institutional buying module, which started since June 2022 and since we have closed a large segment that started since April 2022, I think it is very likely that a correction will start that will take us in a few weeks to the $180 price zone.
An entry below $230 with a stop at $245 which gives us a risk of 6.88% and with a possible profit run to $187 with a return of 18.6% is an r/r ratio position of 2.7, not bad.
