Who doesn't like sales ? Especially branded goods that costs full price when it was launched in the retail outlets. The savvy shoppers will wait patiently for their beloved branded items to go on sales before going on a shopping trip.
I believe the stock market works the same way too. Now, Meta Platform is offering 60% discount from its peak but I believe the selling pressure ain't over.
I plan to scoop some shares of this Company at around 123 to 138 price level. That would be the 2018 low.
Unless you have a limitless budget to go on your shopping trip, you probably want to plan a bit and decide what you want to buy. This is Opportunity Costs, achieving something and foregoing something else.
Therefore, when the market is down, spend your time doing your research and plan what stocks you want to add into your portfolio. Of course, nothing is 100% accurate but you will be more at ease and have a peace of mind knowing you had invested time to read up on the businesses you want to acquire.
I believe the stock market works the same way too. Now, Meta Platform is offering 60% discount from its peak but I believe the selling pressure ain't over.
I plan to scoop some shares of this Company at around 123 to 138 price level. That would be the 2018 low.
Unless you have a limitless budget to go on your shopping trip, you probably want to plan a bit and decide what you want to buy. This is Opportunity Costs, achieving something and foregoing something else.
Therefore, when the market is down, spend your time doing your research and plan what stocks you want to add into your portfolio. Of course, nothing is 100% accurate but you will be more at ease and have a peace of mind knowing you had invested time to read up on the businesses you want to acquire.
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bought some last night as I believe the selling pressure has eased quite a bit and the current price presents a good opportunity !Nota
Those keen to go LONG on this can wait a while as we saw a bearish candle at the upper channel , this is likely to send the price further southNota
markets.businessinsider.com/news/stocks/meta-stock-price-2q-earnings-first-revenue-drop-reels-privacy-2022-7A near 10% fall , wow !!!! Look at the bearish candles, it is sitting inside the channel, so let's be patient and ride it out.
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businessinsider.com/meta-ai-chatbot-blenderbot-election-denying-antisemitic-bugs-artificial-intellignce-2022-8Awaiting for a few more days to gauge the bullish patterns before buying
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current candle is bearish , same as the one displayed on 18 Jul . So waitNota
added some last Friday!!!Nota
awaiting pullback to 170 before adding moreNota
God bless us. Those who longed together with me since July last year would be quite happy with the gain. Congratulations !Nota
we are now at a fairly critical resistance level , 298-300 and I hope it would retrace so other buyers could get on board this train.Nota
Praise GodNota
expecting more selling ahead as it has form a double top formation - bearishNota
support at 286.78 levelNota
could expect some profit taking at this resistance level (price has revisited previous high on 29 Nov 2021Nota
next target 384Nota
if it retreats to 383 price level, i will accumulate more else i just leave it
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.