$Meta Platforms, Inc.(META)$ π¨π¨π¨π¨π¨
$515 Gold top knock downπ.
Big wick βΌοΈ
$493.5 fibonacci level important!
$505 also another π level above.
Several others listed on the chart.
old: 12 (Maybe laterβ¦)
π΄ Sell: 4 (Are you sure about that?)
π‘ Capital Flow Insights:
The recent capital influx around the $490-$493 range is hotter than a coffee shop on a Monday morning! Investors are buzzing around these levels like bees to honey.
Stay alert, happy trading. Cheers, BC π
@TigerPM @TigerStars @Tiger_comments @TigerOptions @TigerGPT @MillionaireTiger
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Meta Platforms, Inc. (META) Stock Analysis
Business and Industry: Meta Platforms, Inc. is a technology company that focuses on building products to connect people and enable meaningful social interactions. They operate various platforms, including Facebook, Instagram, WhatsApp, and Oculus. The company operates in the technology sector and is part of the social media industry. The social media industry is expected to continue growing in the future, driven by increasing internet penetration and the growing importance of digital communication and social networking.
Earnings Analysis: The latest earnings forecast for Meta Platforms, Inc. indicates positive growth expectations. For the fiscal year 2024, the forecasted earnings per share (EPS) is $20.67 (USD), forecasted gross income is $160.09 billion (USD), and forecasted EBIT is $63.30 billion (USD). The company's earnings forecast for fiscal years 2025 and 2026 also shows growth expectations, with increasing EPS, gross income, and EBIT figures.
Trend Analysis: The stock price of Meta Platforms, Inc. on August 1, 2024, was $474.83 (USD). The recent trend analysis shows that the stock has been trading within a range, with a support price of $432.5 (USD) and a resistance price of $501.5 (USD). The average cost of the stock on July 31, 2024, was $453.41 (USD). The profiteer ratio on July 31, 2024, was 0.8877.
Valuation Analysis: According to analyst estimates, the mean target price for Meta Platforms, Inc. is $530.03 (USD), with a low estimate of $260.0 (USD) and a high estimate of $634.0 (USD). It's important to note that target prices are subjective and can vary among analysts. The analyst recommendation for the stock is as follows: 20 recommend, 35 buy, 5 hold, and 2 underperform.
Capital Flow Analysis: The recent capital flow data for Meta Platforms, Inc. shows mixed trends. Over the past five days, there has been a net outflow of capital, with varying amounts each day. On July 30, 2024, there was a net inflow of $22.13 million (USD), while on other days, there were net outflows ranging from $1.37 million (USD) to $115.87 million (USD).
Please note that the above analysis is for informational purposes only and should not be considered as investment advice. Investing in stocks involves risks, and it's important to conduct thorough research and analysis before making any investment decisions.
Sources:
Meta Platforms, Inc. Stock Analysis
Capital Flow Data
Earnings Forecast
Trend Analysis
Valuation Analysis
Disclaimer: The above analysis is based on available data and information and should not be considered as investment advice. The stock market is subject to inherent risks, and the prices of stocks can fluctuate. Investors should conduct their own research and analysis before making investment decisions.