MetaPlatforms $META Stock Deep Dive: Facebook parent price target at $200 despite macro headwinds
Meta Platforms stocksince earnings back in February. The next quarter's earnings are not until July, and it is unlikely that the stock will get many catalysts until then.
However, there are a few interesting points of note. We have a divergence from both the Relative Strength Index and the Money Flow Index . Both are trending higher, while the stock price is not. Divergences are a classic countertrend indicator, so. At current levels, there is not much distance to the pandemic low of $137.10, which represents strong support.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.
The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Meta Launches Meta Pay, a Metaverse Dedicated Digital Wallet – Metaverse Bitcoin NewsThe wallet, dubbed Meta Pay, will be an evolution of what's known today as Facebook Pay, but with a new focus on digital identity and proof of ownership.
Baca lebih lajut »
Meta announces new Facebook Groups features, channelsMeta has announced a slew of new features for Groups, including a new sidebar, as well as the ability for admins to create chat, audio and feed channels.
Baca lebih lajut »
After abortion ruling, some Houston companies vowed to pay for travel expenses. Most stayed silent.Several national companies reacted the Dobbs v Jackson ruling handed down Friday by announcing that they would reimburse the cost of employees who need to travel out of state to access abortion care.
Baca lebih lajut »
Meta Launches Meta Pay, a Metaverse Dedicated Digital Wallet – Metaverse Bitcoin NewsThe wallet, dubbed Meta Pay, will be an evolution of what's known today as Facebook Pay, but with a new focus on digital identity and proof of ownership.
Baca lebih lajut »
Facebook Groups redesign borrows from popular, younger app | Digital TrendsMeta is testing a few new UI changes to Facebook Groups and adding a new 'channels' feature as well.
Baca lebih lajut »
Retailers' excess inventory could mean big bargains for shoppersOff-price retailers are stocking up on discounted merchandise as Walmart, Target and other big retailers slash prices to unload excess inventory.
Baca lebih lajut »