META short on W and D1 supply zone Good odds on META short institutional Supply zones. D1 within W and MShortby EquilibriumTradingAlexMOUpdated 224
META Showing massive recovery and upside new target!Reverse Cup and Handle formed on Meta Platforms. Price has once again gapped up on the daily 13% up for the day. This was after the Earnings report came out strong, and after Mark Zuckerberg said he will be focussing his efforts more on AI this year than the Metaverse. The indicators are looking sexy. 7>21 Price >200 RSI>50 So my first target for Meta will be at $355.12 SMC: Below the handle of the Cup and Handle, is a strong Sell Side Liquidity (Order Block). This is where Smart Money comes in sweeps selling (Shorters entry and Longers stops). Then SM sweeps the selling, buys into it and BOOM away and up it goes. Very bullish in my opinion. MY OPINION THERE ARE A FEW REASONS Why I think the world isn't ready for Virtual Reality to the extent Meta aims for: High Cost: VR technology can be expensive, and not everyone can afford it. Looking at the price of Oculus 2 - it's not for the average joe. Limited Accessibility: While VR technology is becoming more accessible, not everyone has access to the necessary equipment or space to use it. Motion Sickness: Some people may experience motion sickness or other discomfort while using VR technology. Time: Right now VR headsets lasts for around 2 hours. Then needs charging. This isn't conducive for learning environments. Weight: Have you put on an Oculus 2 headset? It's very heavy and cumbersome. We don't all have the strength to wear these things. PS: I do have an Oculus 2 and I absolutely love and support the movements. Ever since Samsung VR headset came out, I've been obsessed. Lack of Content: Despite growing interest in VR technology, there is still a limited amount of quality VR content available. Unfortunately, the target is on gaming, fitness and maybe socials. I still think there is a massive opportunity for more educational content, games, apps and learning material that VR can offer. I remember EDUVR - not sure what happened to it. Limited Realism: While VR technology has come a long way, some people may still find it lacking in terms of realism. Unfortunately, people still have the stigma of wanting to be in the real world versus on a screen. This is the same way they acted when computers came out. Also when the internet came, they were hesitant and only "nerds" went on. Social Isolation: VR experiences can be isolating, with users often cut off from the real world. Learning Curve: VR technology can be complex, and some people may be hesitant to invest the time needed to learn how to use it properly. Just like it's difficult to teach older generations how new Smart Phones and Smart TVs work, it is similar to VR technology. Lack of Compatibility: Different VR systems may not be compatible with each other, which could limit the ability to share experiences across platforms or devices. Look before you know it, VR and AR will take over the world and everyone will be using it in some way or form. Maybe not in the next couple of years, but DEFINITELY in the future. Longby Timonrosso1
Coming into the Target ZoneAs you can see on the chart, we are coming into my target box. I believe it has another push for at least OMH. Judging by the push we have had upwards I do not believe we will have a very deep wave ((2)) so be cautious. The S&P 500 seems set to raise higher being driven in part by META, AAPL, MSFT, TSLA, and many others not named. The majority seem to need at least OMH.... but none of them require it. If my count is correct, then we can expect a retrace for wave ((2)) to be anywhere from $170 - HKEX:130 depending on what path META decides to take. As I have said though, at this point and time, I am leaning towards a smaller retrace. Trade carefully my friends, now may not be the wisest time to go long. Have patience and await the retrace for a clearer set-up and higher profit margin. Bonam Fortunam, --Tylerby TSuth5
META running to $250+As we analyze the 4 hour chart of META it has produced a beautiful channel and producing very good opportunities to buy off the channel lines both long and short from the top of the channel and also the bottom.... I am going to stay bullish on META and the trend and see price heading over 250 dollars... IF there is any sign of weakness we will get ready to draw our (white channel) and get ready for downside.. until then "the trend is your friend"...Longby UnknownUnicorn9107511
META Trade Updates (+32%)Positive quarterly results for Zuckerberg's company, owner of Facebook, Instagram, WhatsApp and pioneer of the metaverse (after the acquisition of the Oculus group). Revenues totaled $28.6 billion. Revenues from virtual reality and augmented reality technologies: HKEX:339 million In general from Trading View Ernings + 8.86% above analysts' estimates Revenues + 3.53% above estimates Like the phoenix, Meta, given up for dead several times in its history (2018 and 2022), rises from its ashes, once again proving to be a very solid company. From a technical and volumetric point of view, there is a chasm to fill, a GAP down dating back to February 2022, a volumetric hole,where the price went from FWB:328 per share to HKEX:244 at the opening of the following day, the beginning of a negative trend that it is about to be recovered. In December 2022 META had reached a worrying - 77% from the highs, the period where I bought. Now I'm up with a +32% profit with an average price of around $187. Short-term target: closing of the HKEX:244 -248 GAP Average target: $300 Long-term target: historical highs (where to rebalance in the case of a portfolio) Happy trading Lazy Bullby LazyBull53
Meta will down for last wave of triangle Meta will down for last wave of contracting triangle , wave e can see under HKEX:175 after that , it can go upShortby NEOVOLUME6
Meta Platforms Stock Soars Despite Weak Business PerformanceCan you believe it? Meta Platforms stock has risen by over 70% this year, outpacing the S&P 500's 7.5% growth over the same period. At first glance, it might seem like everything is going great for Meta, right? However, the reality is a bit different. In the fourth quarter, Meta reported a 4% decline in year-over-year earnings, and analysts predict that there will be another decline in the first quarter (which we'll find out on Wednesday). So, why is the stock rising so quickly despite the weak business performance? Well, there are a couple of reasons. First, at the beginning of the year, the stock had a very low valuation, with a price-to-earnings ratio of about 10. Analysts expected the company to have double-digit growth in earnings per share over the next five years, but the low valuation didn't reflect this. The recent surge in the stock price has brought it more in line with analysts' expectations, so you could say that the stock has adjusted to a more rational valuation. The second reason for the stock's growth is the cost-cutting efforts by Facebook, Meta's parent company. Mark Zuckerberg has made "a year of efficiency" his top management theme for 2023, and the cost reductions are expected to lead to significant earnings growth during the year, which investors believe will boost profits and support the stock's current valuation. However, it's worth noting that Meta has continued to post disappointing results since 2021, and the stock is still down from its all-time highs. Meta's business is still facing considerable uncertainty, and there are questions about the company's long-term margin profile and sustainability. The volatility of the social media company's cost structure over the past few years also makes it difficult to predict earnings changes over the long term. While the recent stock price increase is good news for Meta shareholders, it also means that the stakes are higher for the company to do exceptionally well going forward. Investors will be looking for more information about the company's long-term margin profile and the sustainability of its business when Meta presents its first-quarter results on Wednesday.by FOREXN11113
META - Reclaims Major Trend LineThis is an alternate view of my previous analysis for META due to the recent burst of price rise and breaking of dominant trend line Price has now moved back into the megaphone and is looking for more Linking my past post below by Bixley1
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Watchlist 2023-04-28 $SPY $META $NYCB$ON $XRX AMEX:SPY -After getting the close over 408 on the hourly like I mentioned PD, it was all engines go to the upside. Now, be cautions assuming it's only up form here because this could have merely been a liquidity retest. Before a move lower. In order to confirm move lower I think we want to see a failed follow through high where it moves above 413.50 a closes below 4.10. That would give me the most confidence. However we could also see a lower higher where the 5 min green bars look toppy and are putting in wicks. We could also see a lower high and eventually move higher but the green bars would need to be strong on vol and opposite for red bar. Confidence of further long continuation would work well with a test and hold of 408-410. The take away here is look at the price action. Where are the bars telling you? Which direction has the strength and weakness? Then make a judgement. For further confirmation of a trend day, watch for: USI:ADD pinned near +\-2000 USI:VOLD ratio over +/- 3 USI:TICK cumulating past 0 wicking to +/-900 NASDAQ:META - day 2 continuation over 240.50. which is over the PM high over 239.50 I think people what happened to MSFT on day 2 and would not want to miss out on META after their positive earnings. IF we get above 242.60 they it's all to the races. Look at MSFT PD for clues. NYSE:NYCB - Q1 Adjusted Earnings Down, Revenue Rises; Maintains Quarterly Dividend. Approaching the all important 9.30 range high on a multi-month wedge which is topped by the 200 EMA. This is by far a 10/10 technical level and it has a positive earnings catalyst to potentially push us through. Earnings beat was 1500% by take that with a grain of salt. NASDAQ:ON - reporting earnings on mon. short term price action shows investors WERE expecting a decline, but after getting NASDAQ:INTC earnings as a positive beat, ON could close some gains it lost over the last few days. Inflection is 70. If it can hold above, looking long as PD looks like a capitation ending move. Open to the idea that INTC could fail and we could see weakness in ON if I t can't hold 70. NASDAQ:XRX - buy retest of 15.50 by UnclePennybagss0
From Daily Extreme Oversold to the Monthly Extreme OverboughtMETA: From Daily Extreme Oversold to the Monthly Extreme Overbought signalShortby CastAwayTrader0
META ShortEarning 4/26/2023 After Market. (Positive) GAP Open in Supply Zone Short Sell 240 Stop 250 Target 180, 155 Risk management is much more important than a good entry point. I am not a PRO trader. In my trading plan, the Max Risk of each short term trade should be less than 1% of an account. Shortby PlanTradePlanMMUpdated 1
Weekly SMA Cross Under, 50% Retrace, Downtrend ContinuesWeekly SMA Cross Under, 50% Retrace, Downtrend ContinuesShortby Khom295
Meta Boosted by EarningsFacebook has been on a tear ever since its bottom of Cycle Wave 4 @ $88.11. It is clearly extending beyond normal fib levels and should hopefully top inside my box. We could extend all the way out to the 3.0 @ FWB:307 buy its not a high probability at this time. The 2.618 should be enough to stop this move up if we even make it that high. Although, Meta did post earnings 8.86% higher and almost HKEX:1 Billion more in revenues, so anything is possible. From there I suspect we should start our (A) wave of ((2)). That a wave target will be somewhere around $ 165- HKEX:175 but until we top and start heading lower I can't give a super accurate target zone. Bonam Fortunam, --Tylerby TSuthUpdated 2
META SHORTMeta is at key resistance and should pullback. It went up 12% after earnings report so now there’s nothing else to keep it going higher. Especially now that it’s at resistance it should pull back Shortby TradersUtopia220
Will this FVG get filled anytime soon?NASDAQ:META Earnings out Either you got rekt, or you hit the jackpot Longby makerup0
$Meta Short Opportunity Puts - Earnings Tomorrow It's not looking great for NASDAQ:META Recovery until June. Trade Safe. Shortby GoldenCrowley0
Short MetaBreaking a trend line, reached previous top. Similar pattern in many charts. Shortby Kuryakin0
Meta Long TermAs promised here is a graph of Meta long term. Again, this is to show you all that there is a light at the end of the tunnel. We are going through some hard economic times right now and it is hard to decide on what stocks you should invest. Keep in mind these are all estimates. If a company, such as Meta, has some earth-shattering news that breaks from out of nowhere, it could alter these counts. Aside from that, these numbers will come to pass if Meta follows the "ideal" path and hits the "ideal" targets. As I have said before, risk assets/stocks do not move in one smooth motion to the target zones. They move in 3 or 5 wave motive waves, rather corrective or impulsive. Stay tuned for more details. Bonam Fortunam, --Tylerby TSuth1
Meta Platforms Monthly Log ChartDo not confuse storyline narratives with actual price action. Reduce noise, use chart analysis. #Meta #Nasdaq #Bitcoin #Amazon #Shopify clear breakdown below 3 year moving averageShortby Badcharts4
META - Dating back to 2018NASDAQ:META rejected crucial pivot last week, note - this pivot has acted as resistance since 2018. Might look to position myself post-earnings. Positioning: Bearish in the interimShortby theapearmy223
$META - bull and bear thesisNASDAQ:META Weekly timeframe * First rejection off the March 2020 anchored vwap #Bull: A move back to HKEX:243 , if a sustained close above the December 2018 anchored vwap #Bear: A move back to $198 if the March 2020 anchored vwap has enough sellersby lmaoNegative0