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%.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.