K guys, META still looks bullish to me from my original post a couple weeks ago, except now we had a dip and rip right after MA8 touched. Bullish IMO. NFA
$540 would be the hypothetical price target ideally for contract expiry of 2-3 weeks. maybe 1 month expiry is safer. Lets see what it does. Holding MA4 support on weekly chart
What do we understand about stock exchange? And how much do you know? Many people think it is like gambling but actually it is not gambling at all. Judgment is never possible by looking at externals.It requires deep knowledge and fundamental analysis. An organization or a crypto market is not created automatically. Intellectual creativity is the only foundation....
Should Investors Be Worried? NASDAQ:META Insiders Sell $1 Billion In Stocks
More big NASDAQ:META insider sales: CEO Mark Zuckerberg and six other insiders have sold a combined 82M stocks over a month.
That's nearly SEED_TVCODER77_ETHBTCDATA:3B worth of #META stocks insider sales in the last two months.
Over the past 15 months, META stock is up over 450%...
It appears that Meta is poised for a breakout, having maintained its price range for the past two years. To confirm this, we should wait for a substantial breakout with volume at the 384 range.
Target: 74%
Major Resistance price at about ~300
Spent about a year in 2020 to 2021 crossing this level.
When this level was broken, the price cracked down to 90.
A good level for partial profit booking.
podríamos estar observando posible corrección de META por reacción en el precio
we could be observing possible correction of META by reaction in the price
Meta / Facebook currently at resistance levels.
At the 61.8% levels from the Fibonacci levels.
Expecting a downmove in near term on the levels of 236 - 201 . Had given a one way move from 90 levels. Downmove will be a breather for the script.
No recommendations, just my view based on the chart pattern.
Stock traded near Fibonacci premium zone, also ejection candle formed.
Also we have captured RSI reversal pattern near premium zone it is good indication to predict Reversal earlier
Keep your eyes on volume trend indicator to capture big move.
It is time to buy Meta (Facebook). Keep a stop loss at $183 and go long. The stock was hammered a few months back but now is the time to add more in this counter. I already bought at lower levels and now looking to buy more myself.
