Meta's DownfallWhat do you mean the charts couldn't of helped you stay clear of #Meta? Over 1 month ago you got the warning sign to step aside. Just follow the bread crumbs... #nasdaq #bitcoin #netflix #google #amazon #teslaby Badcharts6
META Share Price Collapses after Publication of Quarterly ReportMETA Share Price Collapses after Publication of Quarterly Report Just yesterday, META's stock price closed at USD 493.50, up approximately 40% since the start of 2024 and up nearly 300% since the start of 2023. However, following the release of Meta's quarterly report, its shares plummeted to USD 400 in post-market trading, representing a decline of more than -15%. It is noteworthy that the report exceeded expectations in some of the main indicators: → earnings per share: actual = USD 4.70, forecast = USD 4.32; → revenue: actual = USD 36.4 billion, forecast = USD 36.1 billion. However, investors were disappointed by plans for the coming months, as Meta said second-quarter revenue would be between USD 36.5 billion and USD 39 billion, below the average estimate of USD 38.24 billion. This could be due to increased investment in developing AI-based products , which do not yet generate income. At pre-market today, the META share price is around USD 418. The technical analysis of the META stock chart shows: → The price still remains within the long-term ascending channel (marked in blue), which describes the price increase in 2023-2024. → The pattern of decline from the high around USD 530 towards the lower boundary may be a sign that indicates a potential change in sentiment - optimism is not endless. → Divergence on the RSI indicator turned out to be an effective warning for a price decline. Market participants who bought META stock at prices between USD 480 and USD 530 will find their positions in the red when trading opens today, most likely with a bearish gap — somewhere around the lower boundary of the mentioned channel. So it is safe to assume that any rise in price towards the specified range will represent an opportunity for them to exit the position and minimize losses, which in turn will put pressure on potential attempts by the bulls to resume the multi-month trend. Resistance may also come from the median line of the channel, which today lies right at the lower limit of the range between USD 480 and USD 530. 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.by FXOpen228
META April 25, 2024: Is META a Buy Now With 13% Sold Off?On April 25, 2024, NASDAQ:META crashed 12% pre-market after earnings release. The question is that whether it is a buy now? For me I do not intend to buy on crash. I am looking for a pattern, or at least, a meaningful support, to buy. At this level, even 12% down pre-market, I do not see any meaningful support here nor any pattern therefore I am not buying now.by longsonvn0
META Shorting📉 Short price targets 🎯 $424 & $360META Shorting The META chart suggests a possible short opportunity based on a the resistance on the monthly timeframe. We expect it to get rejected on that uptrend line near $527. Short price targets 🎯 in descending order: $424 & $360Shortby JK_Market_Recap1
Two opposite trades. Long Tesla & Short MetaTesla and Meta are two polar opposite trades at the moment. Meta is likely getting rejected at resistance. Shorting makes sense Tesla is getting a bounce at support. Longing it in that chart setup makes senseby JK_Market_Recap1
(NASDAQ:META) STOCK FORECAST PLUNGING BELOW $400.00 THIS WEEK!!!GAP FILLING PHENOMENON!! 1. Immediate Bearish Outlook: Meta's stock is expected to experience a significant downturn, with projections indicating a drop below $400.00 within the current week. This decline is attributed to an earnings report, which could trigger a 20% decrease and result in Gap #1 being filled. 2. Potential Further Declines: Despite previous gains, there is potential for Meta's stock to continue dropping, with a potential 25% decrease targeting the 200-day moving average (MA) around $380.00. Should Meta breach the 200-day MA, further support may be found around $325.01. 3. Technical Analysis Crucial: The direction of Meta's stock price beyond these support levels hinges on ongoing technical analysis. Failure to hold support could lead to increased chances of filling Gap #2 at $213.98, signaling further downside potential. 4. Gap Filling Phenomenon: Meta's stock serves as a prime example of gap filling, with two more gaps anticipated in the future. This underscores the importance of monitoring price movements and potential gap fills in Meta's stock performance analysis. Overall, Meta's future stock performance appears to be influenced by a combination of fundamental factors such as earnings reports and technical indicators like support levels and gap filling tendencies. Investors should remain vigilant and consider these factors when making decisions regarding Meta's stock. "By now, you should have acquired the skills to interpret price gap fillings in any stock." 🚀🚀Boost this idea to reach more people like you! 🚀🚀 NFA PLEASE, DYOR/MYOD!! Hope to See your Likes 👍 to Support My Work To Follow All My Ideas, Go to My Profile and Select the Follow Green button 😁 Please Re-Evaluate Before Make Your Last Decisions Check my Profile for more. Shortby InsightMarket223
META Shorting📉 Short price targets 🎯 $424 & $360META Shorting The META chart suggests a possible short opportunity based on a the resistance on the monthly timeframe. We expect it to get rejected on that uptrend line near $527. Short price targets 🎯 in descending order: $424 & $360 Shortby JK_Market_Recap0
METAFollowing the market close, Meta's earnings report will be released. While I don't bearish sentiment, my trading strategy relies on patterns. Notably, Meta has demonstrated consistent upward movement over the past 5-6 months. Interestingly, what's typically perceived as good news can sometimes result in negative market reactions, and vice versa. This trend resembles the behavior observed in Tesla (TSLA) stock.by AmyThongbai2
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.Longby NYRUNSGLOBAL1
$META Implied Move for earningsNASDAQ:META Implied move for earnings today... 452 - 538 ... this is not a full analysis, just what the options are saying for the earnings move!! GL y'all... Shortby SPYder_QQQueen_Trading115
META Platforms Options Ahead of EarningsIf you haven`t sold META when ARK did that: nor bought the META before the previous earnings: Then analyzing the options chain and the chart patterns of META Platforms prior to the earnings report this week, I would consider purchasing the 480usd strike price Calls with an expiration date of 2024-5-3, for a premium of approximately $24.80. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. Longby TopgOptions6
META | Down Before Up AgainMeta will likely drop into the green box. It's a confluence of the September 21 high point, the daily MA-50, and the Fibonacci 0.618 retracement. I think it will bounce there and continue its upward trajectory afterwards.Shortby taika8080
META April 17, 2024: Can It Hold The Trendline?As of April 17, 2024, NASDAQ:META is trading right at the yellow trendline as shown on the chart. A breakdown below this trendline would suggest further decline another 8%, to around $450by longsonvnUpdated 1
$META - Losing momentum. All eyes on ER.NASDAQ:META is losing momentum. Oscillators are currently trending down. The company better bring a blowout quarter on April 24th ER or it risks filling the gap and checking back to that multi-year trendline. 👀by PaperBozz0
Meta aims to rival OpenAI with advanced AI tools. Idea 22/04/24Meta Platforms Inc. is ramping up its efforts to compete with AI industry leader OpenAI by launching early versions of its latest large language model, Llama 3, and a real-time image generator. These advancements are part of Meta's strategy to enhance its presence in the AI space, integrating these technologies into the Meta AI virtual assistant. This assistant is touted as a highly sophisticated, free alternative in the market, excelling in reasoning, coding, and creative writing tasks. Further integration of the AI assistant is planned across Meta's suite of applications, including Facebook, Instagram, WhatsApp, and Messenger, as well as a new standalone website, significantly broadening its user interface. Looking at the investment potential, here is the technical analysis for Meta Platforms Inc. (NASDAQ: META): The Daily (D1) timeframe shows established resistance at 512.20 USD and support at 487.15 USD. The stock is currently experiencing a correction after pausing its uptrend, with prices yet to touch the global support line. If the stock price rises above 487.15 USD again, it is expected to resume its upward trend. Conversely, a fall to 452.50 USD may be imminent if the downtrend continues. Investors might consider buying the stock once it reclaims the support level at 487.15 USD, with a short-term target of 530.00 USD in view. For those with a medium-term outlook, holding a long position up to 550.00 USD could be advantageous. — Ideas and other content presented on this page should not be considered as guidance for trading or an investment advice. RoboMarkets bears no responsibility for trading results based on trading opinions described in these analytical reviews. The material presented and the information contained herein is for information purposes only and in no way should be considered as the provision of investment advice for the purposes of Investment Firms Law L. 87(I)/2017 of the Republic of Cyprus or any other form of personal advice or recommendation, which relates to certain types of transactions with certain types of financial instruments. Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69.88% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.by RoboMarkets0
$META Bloodbath continues Friday 4/26The 10D chart continues to show significant signs of breakdown after the 13 count. The next 10D candle begins on Friday 4/26. This candle looks to be the start of another leg down towards the 20d SMA around $400. Easy money here. a $100 Move from $500 to $400. Good Luck out there. Shortby TazmanianTrader0
Meta Meta is looking like its in phase c of a #wyckoff Distribution top. A Large Ripsaw is at play with a low at 70. #meta NASDAQ:META #facebook #stockmarket #investor Shortby awakensoul_369114
$META 13 Count ending Friday April 12th9-13 Reversal Possible. If Price Action remains stable, the 13 count 10D candle will end on Thursday, April 11th. For now, stay patient while price chops around this area. Loses $500, will head for 480s. Hourly suggests a pullback to $498 based on MACD plateau. by TazmanianTraderUpdated 0
NYSE > short > METABased on my graphic analysis I observe a bearish projection reaching minus 11% in the price of this corporation, that is; from $481 it will drop to $427. With a buy exit emerging at $523, it is worth remembering that the exact time the decline will take is unpredictable, the market will simply do its job. We can mention that it will happen within the next 15-20 days from this post! REFERENCES: * Green line: emergency exit price: $523 = -9% * Red line: selling price (position) $481 * White line: profit $427 = +11% However, it is important to remember that these marked lines must be respected. If the price goes up 3 to 5% after you execute the position, don't try to improvise and change everything. The movement could return to the initial direction and you will be left frustrated! "Sitting quietly and waiting for the operation to develop most of the time will allow you to earn much more money. That is, sit in the stands and enjoy the spectacle that the bull will present to you, control your emotions, since the biggest enemy of "The time to invest is yourself" As for capital management, I leave it to my personal discretion knowing that we must always have money flowing and remain firm in the market. Greetings and I hope you take advantage of this good negotiation opportunity! > Josias Baltazar.nShortby JARTRADING22
Buy Low, Sell High: Meta and Nvidia's Opportunity NowBuying NASDAQ:META and NASDAQ:NVDA : Balancing Risk and Reward Despite the recent market downturn, the long uptrend and strength of Meta and Nvidia remain intact. While short-term market fluctuations may present challenges, the long-term growth potential of Meta and Nvidia outweighs the current market volatility. Risk-Reward Profile: While investing in any stock carries inherent risks, the risk-reward profile for Meta and Nvidia appears favorable at current levels. Despite short-term losses, utilizing volatility to compute a close stop-loss level can effectively manage risk in this negative environment while leaving ample room for potential gains. This strategy, frequently employed by seasoned traders, maximizes opportunities in turbulent markets. Stop level: 480 Weekend Factor: However, it is important to keep in mind the negative exposure to war-related news associated with any long trade carried before the weekend. There's no guarantee that Monday's open will align with or exceed the stop level, potentially resulting in larger losses than anticipated. Therefore, investors should carefully assess their risk tolerance and adjust their positions accordingly. *************************** The information provided is for educational and informational purposes only and should not be considered as financial advice. Investing in stocks carries risks, and individuals should conduct their own research or consult with a financial advisor before making investment decisionsLongby CF_444Updated 1
Big week ahead for $META. Will they beat or miss earning? Big week ahead for NASDAQ:META Q1 Earnings out Wednesday after market close 🕖 Will they beat or miss earning? 🤔 Will the earnings gap get filled?by JK_Market_Recap0
META gap supportRSI divergence for last two peaks. RSI not over sold yet. Before the earnings #META might test gap support 450 ish by dreamTrades01221