Black Friday saleUp to 70% OFF
META PLATFORMS INCMETA PLATFORMS INCMETA PLATFORMS INC

META PLATFORMS INC

No trades
See on Supercharts
Overview Financials News
Ideas
Discussions Technicals Forecast Seasonals Bonds

META trade ideas

Meta - To Long, Or To Short?I have to say that Meta is one of the hardest charts that exist to read right now, mostly because for 9 straight months, an unprecedented feat in the history of Facebook, it has gone up in a straight line, and bigly. You only see it clearly on the monthly: And yet the problem with the bull thesis for a new all time high is the '22 bear raid took out all the sell side all of the way back to 2016. Although you can have, and speculators and hodlers have been fortunate enough to have had, a significant retrace afterwards, stocks taking long term lows is usually kind of like when a person turns 50 and starts urinating blood. It means something is wrong with an organ and the time they have left to live is not so long and not so bright. Even the weekly is insanely one-directional This stock will have attention tomorrow as post-market earnings have produced another $20 gain, but notably, as of time of writing, have brought the price only to $319, still underneath the July high. Geopolitical risks abound in the markets right now. Much is happening with Mainland China and the International Rules Based Order. You can consult my previous calls, which are below, for my thoughts on the situation. But the Cliff's Notes of it is that the 24-year persecution and organ harvesting genocide of Falun Gong by the Jiang Zemin faction and the CCP may soon be made public worldwide if President Xi weaponizes those sins to protect China, its 5,000-year-old culture, and himself from the IRBO intending a Maidan Revolution-style coup to replace him with someone from Taiwan that happens to be a fine lapdog to the global regime's interests. What is the bull thesis for Meta? Facebook is something of a panopticon data collection system and advertising network rolled into the guise of a social media platform where people voluntarily disclose their location, interests, likes, connections, and spend time interacting with friends and family. Meta's rebrand is to force the world into something of a Nintendo 64-level version of Second Life, where you're supposed to literally sit in your cube eating the cricket crackers under a bunch of blankets with the furnace/AC off with the VR headset strapped to your face while you do data entry all day. It's really the kind of dystopian thing the Chinese Communist Party really likes, because it means you can be submissive and agreeable slaves that don't threaten its stability and still produce work. If mankind's future is truly to return to tradition (it is), what place does Meta have in it? Meta has very little place in the future, and that's a fundamental problem, really, for everything that revolves around people living chained to computers and phones. A really notable thing is that the Chinese Government, especially under Xi Jinping since he took power in 2013, has not allowed Meta/Facebook to set up shop inside Mainland China. The world's most notorious totalitarian regime and the creator of social credit and censorship does not want Meta/Facebook's influence impacting their citizens. Ain't that something. And yet, you're supposed to be bullish on this... because it's going up. You just want something to go up so you can buy it and feel pleased when you see green, not sell, and then feel sad when you see red, red, red, and are liquidated. This is modern humanity. So here's the question with Meta: is it a short, or is it a long? The truth is that with Meta, it's gone up in the kind of straight line that makes Apple blush for 9 straight months. When something trades like this, you can never say "it's a short." Instead, you can watch for when it does become a short. And we're in the zone. Although the biggest gap has been filled, the monthly candles show that the bodies of the winning streak's candles are still respecting the range created by the February of 2022 doom candle that ended the Party. On the daily, the last five days of price action, which correspond with a Nasdaq that may very well have topped but an SPX that does not seem to have topped yet, are the most bearish they have been during the entire bull run. And so, if you want to get long on open, I can only encourage you to exercise caution. You may really have upside as high as $343. But you may also have upside no higher than $325. It may also gap up on market open and then sell off, and that kind of a sell off at this kind of a time may mean you are trapped. To confirm a bull thesis, $343 needs to be broken and maintained To confirm a bear thesis, the first thing we need to see after the earnings manipulation is for the $288.30 double bottom to be broken. From there, if $258.88 is broken, the trend is over and will have reversed, even though you may see further upside in the interim. A break over $325 and then a rejection under $288 would be the most bearish. If that unfolds, it's no longer a dip to buy. Instead, long term puts while the VIX is so suppressed might really be really, really valuable. And the problem for both bears and bulls is the $40 range that "confirms" whether there's forever uppy or forever doom.
NASDAQ:META
by LordWrymouth
1
$META - Time for the BEAST to Rest?NASDAQ:META www.tradingview.com When I woke up and saw META down 25% in one day, I knew that it was an opportunity that I shouldn't miss out on. I already had a decent amount of Canadian hedged shares and decided to buy more. One year later, I can say that was the best financial decision I made in 2022. Meta is the biggest winner in my portfolio right now, I am going to keep holding a big chunk of this position, but I am looking to take some profits at 353 as I believe that is a level that price action will respect. By respect, I mean either bouncing off it right away or pierce it before the bouncing off. What do you all think, will Meta take a breather at 353 or will it continue on breaking every resistance it faces?
NASDAQ:META
by Vexo_
Meta Earnings are out earnings are great ,but lets not forget -META is investing huge amounts of money in the metaverse and the AR glasses development -huge resources from the company are currently allocated to these 2 developments. Trade setup: Gap to be filled up till 310$. Pending order entry at 310 Stop loss 315 - above candle body after gap is complete (5$ SL) Take Profit 260 (the yellow gap is our target - not inside the gap on the upper border)=50$ profit 1 lot = 100 stocks // Leverage 1:10 entry 310 X 100 shares = 31,000$ / 10 leverage = 3100$ required margin Take profit - 50$ X 100 shares = 5000$ profit Stop loss -5$ X 100 shares = 500$ Risk / Reward = 500 / 5000 = 1/10 (!!!) ROI = profit / required margin = 5000$ / 3100$ = 1.6 aka 160% return (!!!) this is a high potential trade with a short SL and a pending order entry which allows us to modify and adjust the trade at real time This is NOT an investment or financial advice! trading should be done only with money you can afford to lose ! We recommend practicing on a demo for several months before opening trades with real money.
NASDAQ:METAShort
by FDGT_academy
4
META STOCK UP 7% AFTER REPORTThe social media giant's second-quarter results encouraged investors as ad revenue surged, the company is embracing AI, monetization of Instagram and Reels. → Facebook now has 2.06 billion daily active users, up 5% from a year ago. And taking into account Instagram and other applications — 3.07 billion, which is 7% more. → At the same time, the number of employees decreased by 14% compared to last year to 71,000 people. Zuckerberg said the austerity program will run until 2024. Amid the data, META's stock price jumped 7% in premarket trading. The META stock chart shows that: → today the price should update the high of the year; → with this sharp momentum, the bulls get the opportunity to gain a foothold above the psychological level of $300, pushing off from the support around $290; Possible resistance level: → the $350 psychological mark, where the 2022 high is approximately located. Possible support levels: → median and lower limit of the active ascending channel; → the $305 level that had an impact on the price in July. According to the WSJ, analysts see an average target price for META's stock at around USD 330, but given the company's performance as evidenced by the report, the target price could be revised upwards by analysts. 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.
NASDAQ:META
by FXOpen
Meta long Ernings hit 52 week High New 52-week highs this week, powered by the Dow which, on Friday, extended its streak of positive days to ten — something the blue chip index has not done in almost six years. The Dow has been powered by, among other things, a slew of corporate financial results, particularly from the banks, which showed not only improved profitability, but also strong guidance for the next quarter and full year. I have explained 2 bullish scenarios,1 bearish(worse case). Bullish: higher highs higher lows poc uprising volume increasing capital flow rising In case the Take profits hit, and we have increased volume, I will ride the trend. I will only take profit 10% of the meta portfolio and let the profit run. Exit :Stop loss or trend change signal
MLong
by DaveBrascoFX
META Entry, Volume, Target, StopEntry: with price above 316.24 Volume: with volume greater than 30M Target: 333.91 area (this is an area, no guarantee it reaches this price, but you should be selling on the way up) Stop: Depending on your risk tolerance; Based on an entry of 316.25, 307.40 gets you 2/1 Reward to Risk Ratio. This LONG swing trade idea is not trade advice and is strictly based on my ideas and technical analysis. No due diligence or fundamental analysis was performed while evaluating this trade idea. Do not take this trade based on my idea, do not follow anyone blindly, do your own analysis and due diligence. I am not a professional trader.
NASDAQ:METALong
by tradepatiently
Meta Platforms, Inc. (META) in an almost perfect bullish rally Shares in Meta Platforms, Inc. (symbol ‘META’) have performed in an almost perfect bullish rally throughout the whole of the second quarter of the year with gains of more than 45% outperforming both the S&P 500 and the Nasdaq. The company is expected to report earnings for the quarter ending June 2023, on Friday 26th of July after market close. The consensus EPS is $2,85 compared to $2,46 in the same quarter last year. “ The tech giant is going full force in investing into AI related products in an effort to be one of the big companies that provides innovative products to their clientele. In a partnership with Microsoft,” says Antreas Themistokleous, an analyst at Exness. “Today, at Microsoft Inspire, Meta and Microsoft announced support for the Llama 2 family of large language models (LLMs) on Azure and Windows. Llama 2 is designed to enable developers and organizations to build generative AI-powered tools and experiences. ” (from official Microsoft website) Technical analysis shows the price has been trading in a bullish momentum since the beginning of the year without any clear signs of a full trend reversal. The Stochastic oscillator is in the extreme overbought level for the last 2 months while the price is approaching a strong technical resistance level of $320. This area consists of the 78.6% of the weekly Fibonacci retracement level, the upper band of the Bollinger bands as well as the psychological resistance of the round number. Apart from the overbought Stochastic there are no other signs of a correction in the near short term. The moving averages also confirm the bullish trend since the faster ones ( 20 & 50) are trading well above the slower 100 simple moving average.
NASDAQ:META
by Exness_Official
1
Chance to CorrectWe have almost reached the temporary high from end of August 2020 again which was valid until March 2021. This may serve as resistance now the more that it has been successfully tested in November 2021. The decisive outbreak in January 2022 led to e steep fall having persisted until November 2022. This has been corrected now with an impressive rise for over 1/2 year. This rise has been uncorrected up to now and may run out of steam soon. A Fibonacci correction of the rise is likely now. Let's see to what level.
NASDAQ:METAShort
by motleifaul
META Is this the start of a significant correction?Since November last year we have been issuing a strong buy signal on Meta Platforms (META) and our most recent analysis on February 02 (see chart below) came with a huge final bullish warning while the price was still at $189.00: The stock hit $320.00 last week, almost filling the gap with the 1W candle of January 31 2022 (practically META's start of collapse) and pulled-back. The big question on the market this week is, can that be the start of a greater correction? Well technically it is testing today the first key support level, the Higher Lows trend-line (bottom) of the 6 month Channel Up pattern that started in late February. If broken, it is unlikely to see the 1D MA50 (red trend-line) hold. The key (technical) reason behind it, is the massive Bearish Cross that got formed this week on the 1W MACD. This is a major development as it is a rare event that always initiated a rather notable pull-back. More specifically, in the past five (5) years, we have had another six (6) 1W MACD Bearish Crosses, all making a Lower Lows after it. The minimum correction was -17.33% while the maximum -43.50%. Practically META made its large corrections (-43.50%, -38.60%) when it faced legal action and during the pandemic. The rest standard (technical) pull-backs ranged from -17.33% to -19.70% (also -28.15% on the last Bearish Cross but fundamentals were also present). This is the reason we expect a pull-back below the 1D MA50 if the Higher Lows of the Channel Up fail (to close 1D candles above it). The minimum projected correction range of -17.33% would give us a pull-back to $265.00. A -19.70% would give $256.00. That would start making META a technical buy again, where long term investors can start applying buying strategies with a tolerance level up to the 1W MA50 (blue trend-line). ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
NASDAQ:META
by TradingShot
2