Fundamentals:
I just checked out META's balance sheet. Its sales were over 20% for the first time since December 2021. I would like that to continue for two more quarters because the last two were not as good; however, they did accelerate consecutively since August or December 2022. That was the bottom of the stock's fall.
Technicals:
As sales accelerated into 2023, the stock formed a stage 1 bottom around January 2023 to March 2023. It was a 5 week base after a prolonged downtrend from Sept. 2021 to January 20223.
Kijun Trend Bounce+Wicked Daddy Deeper Pull Back Squeeze
Breakout of stage 2 consolidation
Trade Plan:
I will add META next week with a stop below 277, risking about 0.2%.
I just checked out META's balance sheet. Its sales were over 20% for the first time since December 2021. I would like that to continue for two more quarters because the last two were not as good; however, they did accelerate consecutively since August or December 2022. That was the bottom of the stock's fall.
Technicals:
As sales accelerated into 2023, the stock formed a stage 1 bottom around January 2023 to March 2023. It was a 5 week base after a prolonged downtrend from Sept. 2021 to January 20223.
Kijun Trend Bounce+Wicked Daddy Deeper Pull Back Squeeze
Breakout of stage 2 consolidation
Trade Plan:
I will add META next week with a stop below 277, risking about 0.2%.
Capturing the swings of the stock market & currency market. It's a dirty job and equity/currency traders must do it.
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Capturing the swings of the stock market & currency market. It's a dirty job and equity/currency traders must do it.
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。