$META with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $META after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 75%.
META trade ideas
$META still wants $200$META still wants $200
Calls over $197.16
Target $202, $205.46
Puts under $182.91
Target $180
Continuation Triangle Bullish EarningsBullish formation of a symmetrical continuation triangle being formed very nicely with the double bottom inside the triangle. Everything about it is set up as it should be to project further upside.
Yhe ADX was strong above 25 as the price was rising confirming strength in the trend and it has dramatically lowered as the price lowered signaling weakness in the current down trend.
The RSI came off from a top to hit a bottom as the price fell and has turned around with plenty of room for upside potential. The RSI is exactly where it should be to signal further strong upside.
I would say this drop in price is simply a natural cool off from overbought levels and a little bit from the negative results of snapchat earnings although snaps negstive headlines will not effect Metas price for long besides a simple cool off after hours considering how much more important Meta is than Snap and how much larger of a company it is.
I'm bullish going into earnings. With the META $160 Call 02/10 Exp
Their is most likely a dip in the cost of premium from this set back that can be taken as a discounted buying opportunity. Ive been profitable so far holding this since 01/27.
Meta has a little future Potential maybe?Just using a few fundamentals that I have learnt. Hope I am correct here as I was with Tesla.
In the current market its very difficult to analyse information as things change unexpectedly.
Study and preserve your cash for ammunition when the time is right.
Meta to Cut Over 11,000 Jobs; Zuckerberg Says ‘I Got This Wrong’Up 5% in the pre-market. Cuts were anticipated. This represents around 13% of the workforce.
Between Meta and Twitter there's going to be a lot of quality coders on Fiverr for the next few months.
Long on META with the setupThe P&L is for the reference of entry, potential upside and cut loss point. The dates on it have no relevance.
Potential retrace is possible back to $160, thus the cut loss point is tight.
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Cup/Earnings AMCEarnings today AMC.
Analysts appear to be mixed on META meeting or beating expectations.
Numbers to beat are higher than last quarter.
Cup forming/only a 4 candle consolidation zone so no true handle has formed.
Spinning top today representing indecision.
Resistance is overhead. Unfilled gap below price.
Tough to call/good luck (o:
No recommendation/Short interest is around 1.29% which is on the low side.
Buy META in the Purple BoxMETA went on a tear but will retrace into the purple box imo where I will buy.
META neutral near Cosmic Bands top1D price rose close to the max Cosmic Bands resistance, potentially forming a new Cosmic BB SR level. Statistically this would be a point of reversal but max resistance has not been reached on higher timeframes and it may be a good idea to wait for bearish confirmation.
META could reach the 121 support level next .....META is in a downward channel pattern and the selling pressure arising from the FED rate hike has exacerbated the plunge , especially the tech stocks in US.
Support level 1 at 150.46 has been broken down and it looks set to head further south towards the 121 price level. That would be another price point for accumulation.....
Meta...What a move!Massive Moves to the upside often see that move retraced over the coming weeks especially if market fundamentals deteriorate.
none the less this stock likely sees a significant amount of profit taking.
ZUCK, DUCK N ROLL You thought its going up really you got zucked homes
this market taking a dip in my books but if it breaks im all for it
im basing this on my ndx analysis
119&105 could be where it proves itself
And remember kids you can make a million
Meta Huge Rise.I trust all that own this stock enjoy this amazing Land Fill, so expect some down-side.
Maybe use the FIBs to see where the resistance is?
Remember, you get rewarded for RISK, but never lose money selling when up.
Kind Regards. Graham.
Meta and Tesla Priced richly again, dow ignored, fear lowForward growth seems to be priced back into these hot high volume in the news stocks. Both Tesla and Facebook/meta have almost doubled in the last month.
Dividend dow is not shunned and ignored as hot stocks are back in style.
Fear in vix and junk bonds is low.
META RSI ALL TIME HIGH ON DAILYThe chart posted is that of meta on a weekly basis. we dropped to with in 2/3 $ of a perfect .786. at the low . BUT the daily is now reached an all high record high as to RSI . I would say this the GAP if it is ever filled would mean VERY BAD long term
META You were warned. This is a V-shaped recovery.Meta Platforms (META) stock is surging through the roof following the encouraging Fed outlook on future rate hikes and Zuckerberg's promises on stock buy-backs, cost cutting and focus on profitability.
We warned META was an excellent buy last month after closing two straight green monthly candles as well as back in November when we advised to buy at the bottom, an article that naturally made the Editor's Pick of TradingView:
Now that our $173 target got hit, which was calculated on the Inverse Head and Shoulders dynamics, we will again look at the even wider picture on the 1M time-frame:
The price has smashed through the 1W MA50 (blue trend-line) and the 0.5 Fibonacci retracement level and the next technical target is the 0.618 Fib, with the 1W MA200 (orange trend-line) right above it. We don't expect that to happen overnight but by the end of Q2 and of course there will be weekly pull-backs to take advantage of and the red 1W RSI overbought zone can really help estimating them as it has been extremely accurate since April 2019.
Then depending on whether or not the Fed pauses on its rate hike policy, we can see an end of the year rally above the 0.786 Fib, which by that time will have set in motion a complete gap fill on the $385 All Time High.
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META Meta Platforms Options Ahead Of EarningsIf you haven`t sold META at $341:
Then I think that META Meta Platforms will announce massive layoffs at the earnings date, which the market loves.
Mark Zuckerberg will continue spending billions on building the Metaverse, but the market won`t care as long as they fire people.
Another reason for a happy earnings ending is the FOMC decision to hike the interest rates by 25bps instead of 50bps (I assume).
Otherwise, META loses more ground against TikTok, which took over the globe.
But Mark Zuckerberg doesn`t care about that, because if TikTok really becomes a threat for META (sorry, for the economy), regulators will declare it a spy app, threatening the US national security.
So eventually META will prevail.
If the authorities won`t intervene to help META, i think the stock should end the year around $120.
All the above considered, looking at the META Meta Platforms options chain ahead of earnings , I would buy the $150 strike price Puts with
2023-2-17 expiration date for about
$7.45 premium.
If the options turn out to be profitable Before the earnings release, I would sell at least 50%.
Looking forward to read your opinion about it.
MetaGreen line - Support
Redline - Current resistance
Yellow line - Next resistance
Cramer said buy at 140 ... Hats off to him, a win is win!
Floating all premarket under resistance at around 184.
Over 184 and the next stop is 200
Company earnings were crappy but I guess this is still a discount if the FED has no credibility.
Be careful opening longs up, IMO there is a higher chance we see 170 support before 200.
In that scenario we would make a cup at 183 then a dip to 170 would be a handle
SPY QQQAs spoken in stikstockitslive cord, this push was coming with more whale spouts to come. Remember that late entries can botch your PNL. Keep taking the money everyone! Great Job!!!
--stikstockitslive
META PLATFORMS INC COM CL A Meta is a solid company with many milestones ahead in it's future.
It is the future. Don't get lost in the sauce spacey
home alone stik tracey
=stikstocktitslive
Earnings watch tomorrow + FOMCEarnings watch tomorrow + FOMC, 2/1/2023. Here's a 4hr ext chart comparison, with the tickerTracker MFI Oscillator set to 20, color coordinated with these 10 tickers.
META
PTON
ALGN
AFL
BSX
TMO
TMUS
MET
ALL
WM
