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Meta Platforms Inc Class AMeta Platforms Inc Class AMeta Platforms Inc Class A

Meta Platforms Inc Class A

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METACL trade ideas

Will META fall againPrice fell almost 80% from its top. A simple reason for this fall could be a fall in earnings and profit margins. Net margins fell from 40% to 15%. That is a fall of 60%. Retained earnings fell from $85B to $67B, a fall of 20%. Total fall comes to 80%. I do not know if it is a coincidence or an actual reason. Assuming this is the reason. Stock recovered more than 50% from its low. It means the market is expecting a good quarterly result. If it falls to do so then we can see a fall in META stock again. Supporting the fact, 15% net margin is lowest in the margin cycle of META. In summary we should wait for results to get a fair price of stock. Disclaimer This is not financial advice. Sumanyu Aggarwal is not an expert. All figures are just rough estimates.
NASDAQ:META
by Sumanyu_Aggarwal
Buy signal for Meta(Facebook)2 Bullish Candles(1 Hammer or morning star and 1 green candle) in Daily Chart Bullish Harami in Weekly Chart Hammer and bullish harami formation in Monthly Chart Stock price at the lower Bollinger band (monthly chart) Stock price at the lower Bollinger band (weekly chart) Stock price at the middle Bollinger band ( daily chart ) Widened Bollinger bands in all charts Sharp rise in RSI on daily chart and also a rounding bottom in RSI Very Sharp rise in RSI on weekly chart RSI slowly increasing on monthly chart MACD balancing(possibly a golden crossover) on daily chart MACD slowing down on weekly chart Pivots bullish in daily chart , very very bullish in weekly chart and very very bullish in monthly Stock price near 52 week low Analyst rating is Buy chart NASDAQ:GOOGL NASDAQ:GOOGL
NASDAQ:METALong
by stock2k0