MetaFormed a rising wedge last 4 trading sessions.. I've been short since yesterday with 1/27 It ran up to 137 and I shorted some more! My bearish target for my contracts is 127 or 21ema. Meta will eventually retest support around 120-123. Bearish harami candlestick Shortby ContraryTrader224
Meta ideaGoing to buy a put for Meta just because itβs overbought and at resistance , I think it pulls back to the 130 level for a short term trade . Shortby Todopoderoso3
It was time toBeyond a long fall? $200 is strong resistance. I think long term.Longby extremeportfoliocreator0
Chances of facebook stock (Meta )Meta has two possibilities in which we must make an alert . if it can break the strong resistance it made and drawn in chart it will move toward its target easily toward 137 ( that is more percentage). the other oppurtunity it couldnt break the resistance . in that way it would move toward the support below at 88 dollar per stock , and we think by that way it would be a very great oppurtinity for long term investment. if our idea is good for you please promote us . <3 Longby MG9391Updated 111
Why PE Ratio is the Misunderstood MetricA high P/E does not tell you that stock is overvalued and a lower P/E does not mean that stock is undervalued. P/E is simply just another metric and what it reflect is "Investor's perception about Company's Future Earnings" Its shows "How Much investors are willing to pay for every $1 of Earnings" In September 2021, Meta Platforms' stock reached a high of $385 with a PE ratio of 28. However, by March 2022, the stock had dropped almost 50% from its peak, with a PE ratio of 14. As a value investor, investing solely based on PE ratio, one may have believed that Meta Platforms was undervalued at a PE of 14, as it was historically trading at a PE of 28. However, even with the discounted price, the investment would have resulted in a loss of 40-50%.Educationby finaskoUpdated 6
META 01/20 125P1. attempt monthly resistance level 2. overlapped with upper trendline 3. attempt weekly resistance trend line 4. spy is about to break soon 5. XLC sector is relative strong but about to reach resistance level 50 So I am taking the META 01/20 125P for a swing trade. Remember CPI next thursday, i dont think market will pop or drop hardly before next Thus Shortby ericflushboysUpdated 0
FB / Meta targets224 is .618 from 2018 low. I didn't use march 2020 low because more fibs are lining up on using 2018. Optimistic targets for exits also identified in case of melt-up scenario some analysts are predicting. by toxicenigmaUpdated 0
Long - medium termAccording to wave analysis, for me there are 2 possible scenarios for Meta: Either it will make a bigger correction (scenario 1) before continuing its downward movement and breaking the low point, or it will reverse to break the Top. In both scenarios, it should complete the first wave, which means that the medium-term META will rise over the next few weeks and months. The reversal scenario if it happens, it will most likely occur correctively.Longby Centaurus_A1
Meta at resistanceMeta is at resistance. I doubt it has the momentum to get to the next resistance level at $157, if it did that would be a great place to short. I believe Meta will retest the lows in the near future (3-6 months).by Mausty1
$META bullish engulfing on the daily. $META bullish engulfing on the daily. My next Price target is the $135 PL NASDAQ:METALong00:51by Solidified2
$META is looking for the Bullish engulfing on the daily. $META is looking for the Bullish engulfing on the daily. When it breaks out of the ascending triangle on the session hour, it goes to $135.Long00:49by Solidified1
META 120 gap close Short back to trendline support or 120 gap close. Still short term bullish as long as trendline support holds. The October gap has been closed so Meta will most likely move in general direction of QQQ unless company specific news comes out Stop loss 130Shortby ContraryTrader114
META Closed 2 straight green months, the first time since 2021!Meta Platforms (META) is on a strong January monthly candle (chart on the right) having closed in December two straight green months for the first time since August 2021, which was its All Time High. This alone is a huge bullish development, which along with the 1M RSI being on an Inverse Head and Shoulders pattern (IH&S), it can start staging its long-term bullish reversal. On the more medium-term 1D time-frame (chart on the left), Meta also made a significant bullish development, as yesterday it clearly broke (but failed to close) above the 1D MA100 (green trend-line), for the first time in one whole year (since December 30 2021). Having turned the 1D MA50 (blue trend-line) into a Support this last month (since December 12), if it manages to close a daily candle above the 1D MA100, the stock's next aim would be the 1D MA200 (orange trend-line). The 1W RSI also had a major bullish break-out as it broken above a Resistance Zone holding since August 15, that previously had rejected the price a total of three times (Triple Top). In our view we can claim that Meta has a sustainable bullish reversal only if it breaks above the 1D MA200. ------------------------------------------------------------------------------- ** Please LIKE π, FOLLOW β , SHARE π and COMMENT β if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- πΈπΈπΈπΈπΈπΈ π π π π π πLongby TradingShot6619
META Potential for Bullish Rise | 10th January 2023Looking at the H4 chart, my overall bias for META is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. I'm looking for a pullback buy entry at 124.03, where the 38.2% Fibonacci line is. Stop loss will be at 112.47, where the recent low is. Take profit will be at 137.66, where the 50% Fibonacci line is. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.Longby Rockqet3
Meta ShortNASDAQ:META Rejecting candle, Gap below, Weak on green days, Meta is on the way to close the gap. TP - Gap close if reject or cpi will change the results may close trade before.Shortby xTraderEyesUpdated 1
lovely bounce, can we clear trend resistance now? πdec 15th meta was 115, sitting at multiple support zones and I called for a bounce from there..:) nice bounce as expected, but now approaching trend resistance that has not broken in months. rejection from this and dip back to 110-115 is possible, but break and we rally to 175-220 π boost and follow for more, thanks β€Longby Vibranium_Capital118
META pre earnings levels META is back to levels where it was days before it's last earnings call. Earnings season is right around the corner but META isn't looking so strong at least until later in the year (or 2024) along with other big tech companies. by Sammy2u_1
META still in bearish channelNASDAQ:META has rallied since the earnings of late October, but is still in a long-term bearish channel. It has retraced 78.6% of the the gap (down) made the day of its Earnings report. I can picture the stock rallying to $130, but not much farther, and then being smacked down around mid-to-late December.by ChemistNateUpdated 117
Meta Either OrLooking at both long and short positions for Meta, Long from just above the 85 area and short at below 160.by Shaun_Parker0
META is setting up for a breakout.What we are looking at here is META on the Daily TF. I want to draw your attention to the downward sloping line (yellow), where price action has been attacking since the beginning of April. The yellow line was acting as resistance until the 5th hit of that line, when a break out occurred (purple box). Now that we have seen a breakout above that resistance line, the chart is indicating that the price action wants to go a bit higher. Once the price gets to around the $140 level it will hit the resistance line (green), where we can expect the price to stall out and eventually retrace back down to the blue support line (as it is an up-sloping trend line). If it breaks through the blue support, it will head back down to the down sloping (yellow) trend line which will now act as major support. The first hit of the blue line could possibly be a great place to start going long on META, knowing that if it does pierce the blue line, the yellow line will provide some additional support for a major move to the upside. At the end of the chart you will notice the red arrows, which indicate how price action is expected to go. META will continue to be monitored for price action and this post will be updated as things change. In the comments, let me know what you think will happen. Cheers. Longby GarethSolowayOfficial101041
$META Trade Idea - Currently Green on the 4h, D, W and M NASDAQ:META is green on the 4h, D, W and M Calls over $128.52 Target $130, $135 Puts under $124.54 Target $122.30, 120.40 Long00:58by Solidified0
$META reversal and break out of Descending Triangle on 5m$META reversal and break out of Descending Triangle on 5m with time frame continuity on all time frames Looking for a gap fill up to the $126.94 PL, then $127.45. Long01:18by Solidified3
$META Bear flag on 5 min$META Bear flag on 5 min, with TF continuity on the daily, 4h 1h Price targets: $124.16, $123.67, $122.60Short01:19by Solidified221