#$meta

With WIRED magazine featuring the purchase of at the time, Facebook Corp. with that of Oculus (Virtual Reality programming of UNITY ENGINE) and having had now transfered that of the original stock offering on NASDAQ to Meta Co. Limited Corporation $META, we have a bridge equipment set with S/N uu-uu-uu-u4ID relative to that of the equipment found with repeaters stored in that of Battery Packs and Cellular low-end devices. Virtual Reality (VR) equipment optionally stored with the likes of Sports equipment (Shuttleball and Raquetball ) visual protection of our Retina+.

5 Trade ideas excerpted from the detailed analysis and plan for premium subscribers:

Air Products & Chemicals, Ticker: $APD

Air Products & Chemicals, $APD, comes into the week approaching resistance. It has a RSI in the bullish zone with the MACD positive. Look for a push over resistance to participate…..

Costco Wholesale, Ticker: $COST

Costco Wholesale, $COST, comes into the week approaching resistance. It has a RSI in the bullish zone with the MACD positive. Look for a push over resistance to participate…..

Fifth Third Bancorp, Ticker: $FITB

Fifth Third Bancorp, $FITB, comes into the week pushing over resistance. It has a RSI in the bullish zone with the MACD positive. Look for continuation to participate…..

Meta Platforms, Ticker: $META

Meta Platforms, $META, comes into the week breaking short term resistance. It has a RSI rising in the bearish zone with the MACD curling up. Look for continuation to participate…..

Pfizer, Ticker: $PFE

Pfizer, $PFE, comes into the week pressing on resistance. It has a RSI in the bullish zone with the MACD positive. Look for a push over resistance to participate…..

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After reviewing over 1,000 charts, I have found some good setups for the week. These were selected and should be viewed in the context of the broad Market Macro picture reviewed Friday which with April and the May FOMC meeting in the books, saw equity markets show some strength moving higher in a busy week for news.

Elsewhere look for Gold to pullback in its uptrend while Crude Oil pulls back in the long uptrend as well. The US Dollar Index is on the edge of a break out to the upside while US Treasuries pause in their downtrend. The Shanghai Composite looks to continue the short term move higher as it returns from a Labor Day holiday while Emerging Markets with further upside will confirm a new uptrend.

5 Trade ideas excerpted from the detailed analysis and plan for premium subscribers:

Avantor, Ticker: $AVTR

Avantor, $AVTR, comes into the week approaching resistance. It has a RSI in the bullish zone and a MACD positive. Look for a push over resistance to participate…..

Deere, Ticker: $DE

Deere, $DE, comes into the week at resistance. It has a RSI in the bullish zone with the MACD flat but positive. Look for a push over resistance to participate…..

Hartford Financial Services Group, Ticker: $HIG

Hartford Financial Services Group, $HIG, comes into the week at resistance. It has a RSI in the bullish zone with the MACD positive. Look for a push over resistance to participate…..

KKR, Ticker: $KKR

KKR, $KKR, comes into the week approaching resistance. It has a RSI in the bullish zone with the MACD positive. Look for a push over resistance to participate…..

Meta Platforms, Ticker: $META

Meta Platforms, $META, comes into the week breaking resistance. It has a RSI in the bullish zone with the MACD positive and crossing up. Look for continuation to participate…..

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After reviewing over 1,000 charts, I have found some good setups for the week. These were selected and should be viewed in the context of the broad Market Macro picture reviewed Friday which with the first week of April in the books, saw equity markets in need of a rest.

Elsewhere looked for Gold to continue its record run higher while Crude Oil continue its move to the upside as well. The US Dollar Index to continue the short term trend to the upside while US Treasuries may resume their downtrend. The Shanghai Composite looks to continue the short term move higher while Emerging Markets consolidate under long term resistance.

5 Trade ideas excerpted from the detailed analysis and plan for premium subscribers:

Fidelity National Information Services, Ticker: $FIS

Fidelity National Information Services, $FIS, comes into the week at resistance. It has a RSI in the bullish zone with the MACD positive. Look for a push over resistance to participate….

Knight-Swift Transportation, Ticker: $KNX

Knight-Swift Transportation, $KNX, comes into the week reversing higher. It has a RSI in the bullish zone with the MACD positive. Look for continuation to participate…..

Meta Platforms, Ticker: $META

Meta Platforms, $META, comes into the week moving higher. It has a RSI in the bullish zone with the MACD positive. Look for continuation to participate…..

Packaging Corp of America, Ticker: $PKG

Packaging Corp of America, $PKG, comes into the week approaching resistance. It has a RSI in the bullish zone with the MACD positive. Look for a push over resistance to participate…..

Sealed Air, Ticker: $SEE

Sealed Air, $SEE, comes into the week at resistance. It has a RSI in the bullish zone with the MACD positive. Look for a push over resistance to participate…..

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After reviewing over 1,000 charts, I have found some good setups for the week. These were selected and should be viewed in the context of the broad Market Macro picture reviewed Friday which with the first week of January in the books, saw equity markets had retrenched, seeing some profit taking into the New Year.

Elsewhere look for Gold to pause in its uptrend while Crude Oil pauses in its move lower. The US Dollar Index continues to drift to the downside while US Treasuries pullback in their uptrend, potentially in a reversal. The Shanghai Composite looks to continue the trend lower while Emerging Markets consolidate in a broad range. The Volatility Index looks to remain very low and stable making the path easier for equity markets to the upside.

5 Trade ideas excerpted from the detailed analysis and plan for premium subscribers:

Costco, Ticker: $COST

Costco, $COST, comes into the week at resistance. It has a RSI in the bullish zone with the MACD positive. Look for a push over resistance to participate…..

Eaton, Ticker: $ETN

Eaton, $ETN, comes into the week breaking resistance. The RSI is in the bullish zone with the MACD positive and climbing. Look for continuation to participate…..

McKesson, Ticker: $MCK

McKesson, $MCK, comes into the week breaking to an all-time high. It has a RSI in the bullish zone with the MACD positive. Look for continuation to participate….

Meta Platforms, Ticker: $META

Meta Platforms, $META, comes into the week breaking resistance. The RSI is in the bullish zone with the MACD positive. Look for continuation to participate…..

Netflix, Ticker: $NFLX

Netflix, $NFLX, comes into the week approaching resistance. It has a RSI in the bullish zone with the MACD positive. Look for a push over resistance to participate…..

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After reviewing over 1,000 charts, I have found some good setups for the week. These were selected and should be viewed in the context of the broad Market Macro picture reviewed Friday which with the first full week of November in the books, saw midcap and large cap equity markets showed continued strength after a slow consolidating start.

Elsewhere look for Gold to continue its pullback while Crude Oil joins it with a turn to the downside. The US Dollar Index continues to drift in consolidation while US Treasuries bounce in their downtrend. The Shanghai Composite looks to continue its bounce as well while Emerging Markets consolidate.

Meta Platforms, $META, comes into the week breaking a short term consolidation after a minor pullback from a high at the end of July. It has retraced over 61.8% of the drop from the all-time high to the November 2022 low. The RSI is rising in the bullish zone with the MACD positive and rising. The Bollinger Bands® are opening higher. There is resistance at 325.50 and then 327.50 and 340 before 352 and 367 then 375 and the all-time high at 384.33. Support lower comes at 312 and 307 then 299. Short interest is low at 1.4%. The stock does not pay a dividend. 

The company is expected to report earnings next on October 25th. The October options chain shows biggest open interest from 302.50 to 292.50 on the put side and at 302.50 and 322.50 on the call side. The October 27th chain, covering the earnings report has biggest open interest at from 310 to 295 on the put side and at the 315 and 330 call strikes. The November chain has biggest open interest at the 305 put and call with sizeable open interest from 310 to 360 on the call side above. The December chain has biggest open interest at the 330 put and 345 then 335 call.

Meta Platforms, Ticker: $META 

Trade Idea 1: Buy the stock on a move over 317 with a stop at 307.

Trade Idea 2: Buy the stock on a move over 317 and add an October 27 Expiry 315/295 Put Spread ($8.00) while selling the November 350 Call ($7.00).

Trade Idea 3: Buy the October 27 Expiry/November 350 Call Calendar ($2.70) while selling the October 27 Expiry 270 Put ($2.45).

Trade Idea 4: Buy the December 275/320/345 Call Spread Risk Reversal ($3.00).

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After reviewing over 1,000 charts, I have found some good setups for the week. These were selected and should be viewed in the context of the broad Market Macro picture reviewed Friday which with the first full week of October in the books, saw equity markets showed resilience as they found support and reversed after a continued move lower.

Elsewhere look for Gold to continue its downtrend while Crude Oil continues in the fast short term move lower. The US Dollar Index continues in an uptrend but on a three day losing streak while US Treasuries trend lower. The Shanghai Composite looks to reopen after a week off continuing the bias to the downside while Emerging Markets sit at support in consolidation.

5 Trade ideas excerpted from the detailed analysis and plan for premium subscribers:

Fiserv, Ticker: $FI

Fiserv, $FI, comes into the week at resistance. It has a RSI in the bullish zone with the MACD positive. Look for a push over resistance to participate…..

Louisiana-Pacific, Ticker: $LPX

Louisiana-Pacific, $LPX, comes into the week at resistance. It has a RSI in the bullish zone with the MACD positive. Look for a push over resistance to participate…..

Meta Platforms, Ticker: $META

Meta Platforms, $META, comes into the week breaking resistance. It has a RSI deep in the bullish zone with the MACD positive. Look for continuation to participate…..

Progressive, Ticker: $PGR

Progressive, $PGR, comes into the week breaking resistance. It has a RSI rising over the midline with the MACD climbing toward positive. Look for continuation to participate…..

Summit Materials, Ticker: $SUM

Summit Materials, $SUM, comes into the week breaking short term resistance. The RSI is in the bullish zone with the MACD flat and positive. Look for continuation to participate…..

If you like what you see sign up for more ideas and deeper analysis using this Get Premium link.  

After reviewing over 1,000 charts, I have found some good setups for the week. These were selected and should be viewed in the context of the broad Market Macro picture reviewed Friday which with 5 trading days left in the second Quarter, saw equity markets take a break, pulling back following several strong weeks.

Elsewhere look for Gold to continue its pullback while Crude Oil drops in broad consolidation. The US Dollar Index continues in consolidation while US Treasuries also consolidate. The Shanghai Composite looks to continue the new short term move lower while Emerging Markets also term lower in the short term.