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The Magical 50 days Exponential Moving Average (50EMA)In 2021, we should take the price reaction to 50EMA very seriously! Especially if you like to buy the dips! I believe it could be single best tool to help you find the best entry and exit point in many tickers..! Let's review few examples: 1- NASDAQ:NVDA 2- NASDAQ:MSFT 3- NASDAQ:AAPL 4- NASDAQ:GOOG 5- NASDAQ:FB 6- NYSE:CRM 7- NASDAQ:CSCO 8- NYSE:SNOW 9- NYSE:BAC 10- NYSE:XOM and major indexes: SP:SPX TVC:NDX TVC:DJI What is Price Action? Price action is the movement of a security's price plotted over time. Price action forms the basis for all technical analysis of a stock, commodity, or other asset charts. Many short-term traders rely exclusively on price action and the formations and trends extrapolated from it to make trading decisions. Technical analysis as a practice is a derivative of price action since it uses past prices in calculations that can then be used to inform trading decisions. Price action generally refers to the up and down movement of a security's price when it is plotted over time. Different looks can be applied to a chart to make trends in price action more obvious for traders. Technical analysis formations and chart patterns are derived from price action. Technical analysis tools like moving averages are calculated from price action and projected into the future to inform trades. How to Use Price Action Price action is not generally seen as a trading tool like an indicator, but rather the data source off which all the tools are built. Swing traders and trend traders tend to work most closely with price action, eschewing any fundamental analysis in favor of focusing solely on support and resistance levels to predict breakouts and consolidation. Even these traders must pay some attention to additional factors beyond the current price, as the volume of trading and the time periods being used to establish levels all have an impact on the likelihood of their interpretations being accurate. Limitations of Price Action Interpreting price action is very subjective. It's common for two traders to arrive at different conclusions when analyzing the same price action. One trader may see a bearish downtrend and another might believe that the price action shows a potential near-term turnaround. Of course, the time period being used also has a huge influence on what traders see as a stock can have many intraday downtrends while maintaining a month-over-month uptrend. The important thing to remember is that trading predictions made using price action on any time scale are speculative. The more tools you can apply to your trading prediction to confirm it, the better. In the end, however, the past price action of a security is no guarantee of future price action. High probability trades are still speculative trades, which means traders take on the risks to get access to the potential rewards. Conclusion: Monitor asset reaction to 50EMA and define your entry and exit strategy based on this simple tool! Reference Article:: www.investopedia.com
TVC:SPXEducation
by Moshkelgosha
18
FACEBOOK: FUNDAMENTAL ANALYSIS + PRICE ACTION + NEXT TARGET ⚡️It's no secret that social media giant Facebook generates an incredible volume of free cash flow. Even following covering all of its expenses, the company makes so much money that it still has enough to spend on stock buybacks and other shareholder-friendly expenses. That's why the business's free cash flow is expected to continue to grow - and why this is excellent news for shareholders. Facebook generates the biggest part of its capital from selling advertising on its social networks -- and, as per the company, it's doing better than ever. The economy is growing, and more and more advertisers are struggling for ad space around the same limited number of user-targeted keywords. This growing demand allows Facebook to charge more to sell ads and, as a result, generate revenue. In its Q2 2021 results, Facebook's CFO reported that the average price per ad increased 47% in Q2 and 30% in Q1. The total number of ads sold was up 6% year over year in Q2 and 12% in Q1 - meaning that the company is getting most of its sales growth from the increase in price per ad, rather than from the increase in the total number of ads sold. The CFO expects higher ad prices to boost Facebook's ad revenue for the rest of the year. And as Facebook's revenue grows, so does its free cash flow.FB has constantly converted about 30 percent of its revenue into free cash flow over the past four quarters. Facebook can generate such a high level of free cash flow because the company's internal operating margins are very high. For every new ad it accepts, it incurs minimal additional costs. That indicates that 30% of all new ad sales go directly into the company's cash profits. This increase in free cash flow helped the company increase its stock repurchases from $1.4 billion in last year's quarter to $7.1 billion in the most recent quarter. And both have fueled investor confidence in the company, causing the Facebook stock to rise about 40 percent over the past year. Analysts expect Facebook's revenue to be $119.53 billion in 2021, up 14% from $104.79 billion last year. By 2022, they expect further growth of 19.1% to $142.44 billion in 2022. Investors will keep an eye on these free cash flow numbers and use them to decide how much they are ready to pay for the Facebook stock. As of the moment of writing, the company has a market value of just over $1 trillion and 12 months of free cash flow of $32.17 billion, which means a price to free cash flow ratio of about 32.7. If that figure simply holds over a subsequent couple of years, the company's FCF forecast for 2022 of $42.73 billion would imply a target market capitalization of nearly $1.4 trillion -- up more than 30% from today's price. Facebook is likely to announce third-quarter results before the end of October. If the company continues to report tremendous growth in ad revenue, as it has over the past few quarters, we can expect free cash flow to continue to rise. Facebook stock has shown significant growth in the past year, but additional free cash flow growth could continue to fuel that growth. If that happens, investors should have no qualms about continuing to build up their positions on Facebook or opening new ones. Check the Links on BIO and If you LIKE this analysis, Please support our Idea by hitting the LIKE 👍 button Traders, if you like this idea or have your own opinion about it, please write your own in the comment box . We will be glad for this. Feel free to request any pair/instrument analysis or ask any questions in the comment section below. Have a Good Day Trading !
NASDAQ:METALong
by FOREXN1
9
Elliott Wave View: Facebook Looking to End Wave 5Short Term Elliott Wave view in Facebook suggests the rally from August 3, 2021 low is unfolding as a 5 waves impulse structure. Up from August 3 low, wave 1 ended at 365.77 and pullback in wave 2 ended at 350.20. The stock has resumed higher in wave 3 towards 384.33. The internal of wave 3 unfolded as 5 waves in lesser degree. Wave ((i)) ended at 370.86 and pullback in wave ((ii)) ended at 364.08. Wave ((iii)) ended at 382.76, wave ((iv)) ended at 376.97, and wave ((v)) of 3 ended at 384.33. Pullback in wave 4 ended at 373.09 as a zigzag structure. Down from wave 3, wave ((a)) ended at 374.06, wave ((b)) ended at 377.20, and wave ((c)) ended at 373.09. The stock has turned higher in wave 5 but still needs to break above wave 3 at 384.33 to avoid a double correction. Up from wave 4, wave (i) ended at 377.16 and dips in wave (ii) ended at 373.15. Expect wave (iii) to complete soon, then it should pullback in wave (iv) before another leg higher in wave (v) to end wave ((i)) of 5. Near term, as far as pullback stays above 373.09, expect the stock to resume higher.
NASDAQ:META
by Elliottwave-Forecast
Market became Less "Inefficient" in the past few days!Looking at the price pattern of the biggest companies in the market (AAPL, MSFT, GOOG, AMZN, FB, TSLA) and the major indexes (S&P500 and NASDAQ 100) clearly shows Bulls and Bears power is reaching a new equilibrium. after a Bullish rally that pushes prices higher in August 2021, we see multiple candles with small bodies(Doji) in the charts and prices went sideways in the past few days. In a situation like this, the best decision could be being patient and waiting for breakouts. Red lines: show the most important resistance levels, closing above these levels will enhance higher prices. Green lines: show the most important support levels, closing below these levels will enhance lower prices. Please be careful, crossing above or below these levels could be what we call a "Trap" in price patterns. “This company looks cheap, that company looks cheap, but the overall economy could completely screw it up. The key is to wait. Sometimes the hardest thing to do is to do nothing.” David Tepper
TVC:SPX
by Moshkelgosha
Elliott Wave View: Facebook Impulsive Structure Looks IncompleteShort-term Elliott wave view in Facebook (FB) suggests that the cycle from 03 August 2021 low is unfolding as a 5 waves Elliott Wave Impulse. The structure remains incomplete favoring more upside extension. Up from that low, the pair has ended the first leg in wave 1 at 365.78 high. Then wave 2 pullback ended as a irregular flat structure at 350.00 low and the stock has rallied higher again. Up from wave 2, wave 3 remains in progress in a lesser degree 5 waves structure. Wave ((i)) of 3 finished at 370.86. Then wave ((ii)) of 3 pullback ended at 364.11 low. Wave ((iii)) of 3 rally finished at 382.76. Wave ((iv)) of 3 did a pullback and ended at 376.97. Near-term, as far as bounces remain above wave ((iv)) of 3, we are looking for a pullback to complete wave (ii) soon. Facebook should then continue higher with 3 swings more to complete wave ((v)). This would also complete wave 3 in higher degree and then we would expect a pullback in wave 4 before the stock continues higher and end the cycle from 03 August 2021. Alternatively, wave 3 could end already at the recent high 384.33. In this case, the stock can see a larger degree pullback in wave 4 to correct cycle from August 19, 2021 low. However, it would still remain bullish and should resume higher again afterwards.
NASDAQ:META
by Elliottwave-Forecast
Long FBEntry price: 369-375$ Target price: 408$ Stop loss: 365-369$ Keltner Channel: the price is inside of the channel, approaching the upper boundary. Chart pattern: symmetrical triangle DMI: +DI line crossed -DI line from the below. Moreover, the intersection moment appeared above the ADX line what might suggest the bullish momentum of the price. Conclusions: The price broke the upper boundary of the triangle pattern, however there is no volume increase at the moment. Thus, long position is recommended after the price correction above the pattern with the entry price on the new support level.
NASDAQ:METALong
by vf_investment
FACEBOOK:FUNDAMENTAL ANALYSIS+PRICE ACTION|NEXT TARGET|LONG🔔🔔The majority of people have heard of the social network Facebook; with 1.9 billion daily active users, nearly one in four people in the world uses Facebook daily. The company's stock has risen sharply this year, surging 33 percent over the year. This far surpasses the S&P 500's 19 percent rise over the same period. There is, of course, a good reason for investors' growing interest in the stock. The social media company's advertising business is showing incredible momentum, and Facebook's quarterly top and bottom-line results are easily ahead of analysts' estimates. But for investors, the company's novel goes far behind a Web site where people post pictures of their favorite kitties; and today we give a few reasons why Facebook is an attractive investment opportunity. - Dynamic business model FB began as a simple social network in the early 2000s, but founder and CEO Mark Zuckerberg actively positioned the company for later success. Zuckerberg predicted the importance of images to social media when he bought Instagram for $1 billion nine years ago, usually seen as one of the "steals" in the company's history, now that Instagram boasts more than 1 billion users. Next, Facebook obtained WhatsApp in two years, a deal worth $16 billion in cash and stock; the WhatsApp platform now has more than 2 billion users and is the most popular mobile messenger in the world. Zuckerberg has also developed a passion for augmented reality (AR) and virtual reality (VR), buying VR hardware company Oculus for $2 billion in 2014 and recently announcing a new team to promote Facebook's "Metaverse" business. - "Cash cow" with room to grow Those decisive steps have generated value for Facebook over time, both through user growth and monetization. Facebook gets most of its revenue from advertising, so by improving the number of users and getting more and more revenue from them, it's a two-way way to grow revenue. Over the past two years, the total number of daily Facebook users has grown by 20% to 1.9 billion. At the same time, Facebook is improving its average revenue per user (ARPU), which reached $10.12 per user in the Q2 of 2021, up 43% from last year. As more users bring in more revenue, Facebook's overall revenue growth is impressive. In the second quarter of 2021, Facebook's revenue was $29 billion, up 56% from 2020. - Aggressive stock buyback The business is highly successful and brings a lot of cash as revenues grow. In the second quarter, Facebook converted $8.5 billion, or 29% of revenue, into free cash flow (FCF); FCF is the cash left over after the company spent whatever it needed on the business. Instead of paying dividends to investors, Facebook repurchases its own stock. When the company repurchases its stock, it increases the value of the remaining shares as its profits are distributed among fewer shares. The result is an increase in earnings per share (EPS), which generally leads to a higher share price over time. Facebook bought back $7.1 billion of its stock in Q2 2021, and the total number of shares outstanding dropped to 2.877 billion from 2.921 billion at the end of 2018. The company has $64 billion in cash and securities on its balance sheet, so investors should expect the stock buybacks to continue. - Stocks that are selling off in a selloff Facebook is a huge company, with a market value of $1.05 trillion. The company is expected to earn $14.08 per share for all of 2021, giving it a price-to-earnings ratio of 26. Exceeding projections means a 40% gain in earnings per share over 2020, which is an exciting surge for a business of this size. Experts additionally anticipate a double-digit increase next year, so the current estimation seems very fair. One aspect of Facebook that is difficult to factor into the valuation is the company's versatility. With all that cash on its balance sheet and a forward-thinking management team, it's hard to calculate the potential value that Mark Zuckerberg could create in the future, which is not obvious today. We can only look at what Facebook is currently. Still, the company's ability to create new business segments through acquisitions or innovation is something investors should keep in mind, especially given Zuckerberg's enthusiasm for the Metaverse. Big tech companies rule the world, and Facebook is one of the select few in the club of trillion-dollar market capitalization companies. But don't be fooled: the company continues to grow, makes lots of money, and returns value to shareholders through stock buybacks and strategic moves that create long-term value for the company. There's a lot to like about Facebook that makes it an attractive investment idea today.
NASDAQ:METALong
by FOREXN1
6
Potential Breakout in FANG Towards 8800Trend Analysis The main view of this trade idea is on the 4-Hour Chart. The index FANG (FNG1!) has been in a rangebound price movement after hitting resistance around the 7400 price level in mid February 2021. FANG held support at 6050 and made a second attempt to break above 7400 in mid July. After that failure the index quickly found some support around 6800 and is heading towards that 7400 resistance level. Expectations are for a break higher in FANG, with that target being 8800. Technical Indicators FANG is currently above its short (25-MA), medium (75-MA) and long (200-MA) fractal moving averages. The RSI is above 50 with the KST in a positive zone. Also over multiple other timeframes, the technical indicators are signaling a buy. Recommendation The recommendation will be to go long at market. Stop loss will be set around the 6000 price level and a target of 8800. This produces a risk-reward ratio of 1.36. Disclaimer The views expressed are mine and do not represent the views of my employers and business partners. Persons acting on these recommendations are doing so at their own risk. These recommendations are not a solicitation to buy or to sell but are for purely discussion purposes. At the time publishing, I have a position in FNG1!.
ICEUS:FNG1!Long
by Ceddy86
FACEBOOK:FUNDAMENTAL ANALYSIS+PRICE ACTION|NEXT TARGET|LONG🔔🔔Although the Facebook stock is up nearly 33% for the year, some analysts are concerned about the company's prospects. The stock's rise declined after the company released its second-quarter results in late July, as investors were concerned about a slight decline in daily active users in the U.S. and Canada, as well as earnings projections. Nevertheless, the company beat analysts' expectations, reporting year-over-year revenue growth of 56% and earnings per share (EPS) growth of 101%. Both figures exceeded consensus estimates. While there are a few worried analysts, don't count Credit Suisse's Stephen Jue among them. After the quarterly report was released, he raised his target price per Facebook share to $500 from $480 and maintained his outperform rating. This is now the highest price target among Wall Street analysts. While most analysts set price targets for 12 to 18 months, there are several indicators from a valuation perspective that suggest Facebook should be worth $500 a share now. First of all, this is when comparing Facebook to smaller peers such as Twitter and Snap, which trade at projected price-to-earnings (P/E) ratios of 70 times and 270 times, respectively. Facebook's forward P/E ratio is 28.5. Sure, both companies had higher growth rates than Facebook's 56 percent increase in the top line last quarter -- Twitter by 74 percent and Snap by 116 percent -- but it would only take a 40 percent increase in value to become a $500 stock, which is equivalent to 40 times projected earnings for Facebook. Comparisons to the broader market also seem favorable when growth is taken into account. According to Standard & Poor's, Facebook is trading at 27 compared to 31 on the S&P 500, even though the S&P 500 had negative sales growth over the previous year (compared to Facebook's 56% growth previously noted). Finally, Facebook has another way to make it easier to reach the $500 per share price: shares buyback. Reducing the total number of shares increases earnings per share and raises the price per share, all other things being equal. Earlier this year, the company increased its share buyback by adding $25 billion (now 2.5 percent of total shares) to its existing $8 billion authorization. Of course, the Facebook stock carries some risks. It's a rare company that draws bipartisan ire at both the federal and state levels. A recent lawsuit by 48 states as well as the Federal Trade Commission for illegal monopolization was dismissed. State attorneys general have indicated that they will fight the decision. While the rhetoric is heated to the extreme, it is likely that any risk is short-term and has little impact on Facebook's core business. However, Zuckerberg is working on something new, and this could be the biggest opportunity for the company. In his last earnings report, the CEO stated his desire to turn Facebook into a "meta-universe company" within five years. The company has high hopes for an inspired VR experience, which it expects will replace the mobile Internet. Despite Zuckerberg's fervor, investors should view any meta-village-related revenue as the cherry on top of a strong core social media business. It is this optionality that makes the company a sound investment. Facebook's $500 price tag doesn't seem far-fetched, and long-term investors are likely to see the stock exceed that figure - perhaps even sooner than 18 months from now. In addition, the Facebook stock fell yesterday along with the broader market decline on a weak retail sales report. That's probably what caused the social media giant's stock to fall since the performance of its advertising business is closely tied to overall consumer spending. Also, company officials said they would remove Taliban or pro-Taliban content, deeming the group a terrorist organization after its takeover of Afghanistan just the other day. By the end of the day, Facebook shares were down 2.2%, while the S&P 500 was down 0.7% and the Nasdaq lost 0.9%. Total retail sales in July were worse than expected. The Census Bureau reported that total retail sales fell 1.1% from June through July, with auto dealerships, clothing stores, and e-commerce especially weak. The main takeaway from the report seemed to be that the delta variant of COVID-19 was at least a moderate impediment to getting back to work, delaying returns to offices, and possibly discouraging Americans from other activities such as travel. Meanwhile, other sectors that surged at the beginning of the pandemic, such as the auto industry and e-commerce, two key sources of ad revenue for Facebook, now seem to be normalizing as the pandemic-related favorable factors they enjoyed begin to subside. Separately, the company said it is actively removing pro-Taliban content, although the question of what and how to ban it on the platform has been a tricky one in the past. For example, the Washington Post reported that members of the Taliban used WhatsApp to send messages to Afghan citizens, and these incidents could be an eyesore for Facebook if they continue. Yesterday's 2 percent drop in Facebook stock should not change investors' opinions of the company, as such fluctuations are normal, especially given the news about retail sales and the sell-off in the market as a whole. In addition, the company came out with an outstanding earnings report in the second quarter and is likely to perform well in the third quarter since it went through a boycott period last year. This development is a reminder that Facebook faces some political risk, so investors may want to pay attention to how the company is handling the situation in Afghanistan.
NASDAQ:METALong
by FOREXN1
1
$FB Technical Analysis :)Back at it with another setup, please follow and like if you guys want more. Here is my analysis. Bullish Sentiment: Bounce from 34-50 EMA we could see a test back into 360's followed by consolidation and the new ATH's. RSI hitting below 50 again, not much to go off of this but I see a bit lower. I do see this touching the lower cloud around the 348 range. However, if that holds we are off ;) Bearish sentiment: Market weakness can come in at any moment and I see the market dipping a bit more. However, with today's market weakness FB held up nicely. I still believe we see 348 range before going back up, but I do see 346 being touched if we break below 348. My personal opinion (not financial advice) I think we test 348 and have a light bounce back over the EMA's and back into 360's. I will wait until confirmation. Like and follow :) (P.S. not my best TA, had a long day)
NASDAQ:META
by TradingWithAli
Weekly Watchlist! 8/16 - 8/20Check out what stocks we are watching for this next week as well as a recap of last week's video! NASDAQ:FB Nice level forming right under the gap of the $366 level. Will look for a breakout there with targets of $367, $368, $370, $372 NASDAQ:AAPL AAPL finally looks ready for its next move higher with a breakout over the $150 level. Targets will be $151, $152, and lastly $155 if we decide to swing our position NASDAQ:PYPL Nice pennant forming here, will be looking to take the upside breakout of $277 with targets of $278, $279, $280
NASDAQ:AAPLLong
by ThirtyninethParallelInvestment