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.
though results may not be that impressive however this bearish move may not break 170 and get bounce from or before that. to have bulls
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.
META Analysis - Levels as per Fibonacci. Everything is for learning purpose in this chart.
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.
BUY MKT AND 87.96 STOP LOSS 85 BELOW buy best zone dont misss sl laga ooo and hold karo fed me dip dega 87.8
Price 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...
Expecting Meta to go downside till 122-120 Buy PE 20 JAN 2023 @ 3.75 SL above recent high of 129
META - Start accumulating in the demand zone for long-term investors only, better in sip mode. Avoid bulk investments.
Stock has corrected about 75% as per Fibonacci Ratio on long Term Charts. Disclaimer: View for Educational purpose only, not to be taken as trading or investing recommendation.
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...
This can be good long term bet atleast with minimal Stop Loss.
: entry & exit is very important : try to manage money management : know your stop loss : find the chart pattern / analysis the chart before you enter
Although the stock is in downtrend on higher time frame but it is at the lower range of channel pattern it has been following since February and taking a good support at this area (156). A swing trade can be taken from here (160) with a small stop loss of 154 and target of 190. Please Note : This will be a pull back trade we are not expecting any trend reversal...
Stock has completed the 5 leg down move and has reached a strong support.........confluence of 88.6% fib.retracement, lower median of yellow pitchfork and white trend line,,,,,,,,,,,,,stock printed a bullish pinbar candle last week with above average volumes confirming buying interest..........looks like stock has bottomed out and worst is over for the stock..
Stage 4 breakdown, early base formation stage1 may be in progress. Only for educational purposes, not a recommendation.
Weekly bullish divergence at March 2020 levels and a rally just before FOMC tells me that the FED will be soft today and we have our local bottom here.