$Netflix(NFLX)$ & $Meta Platforms, Inc.(META)$ π€ πΏπΏπΏ π ±ππ »π »π Έππ · πΊπΊπΊ
π META & NFLX: The Dynamic Duo of DΓ©jΓ Vu! π
Kia ora Tiger traders!
Have you ever seen charts so wild, they make you wonder if the stocks share the same playbook? Meta ($META) and Netflix ($NFLX) are not just climbing~theyβre replicating chart patterns like theyβre twin thrill-seekers on the same rollercoaster ride!
π’ Itβs a Replication Rollercoaster!
π Meta ($META): Blazing a trail to $574 with sharp V-pattern surges, its rise is as smooth as its algorithms. π―$760 +
π₯ Netflix ($NFLX): Shooting up to $886, proving its storylines arenβt the only thing creating cliffhangers! π―$950 +
Both charts showcase a pattern so eerily similar, youβd think theyβre planning a blockbuster crossover event πΏπΏπΏπ₯ποΈπ¬
π₯ The Spotlightβs On:
π Meta: Charging ahead with AI integration, redefining the metaverse, and connecting the world (and their charts).
π¬ Netflix: Redefining entertainment profitability with a curve as sharp as its βStranger Thingsβ twists.
π BCβs Take:
As someone who thrives on chart patterns, this replication is an absolute masterpiece. If the patterns hold true, these two juggernauts are primed for an encore of epic proportions.
Whoβs the real star of this show? Let the charts decide. For now, itβs dΓ©jΓ vu with a side of rocket fuel!
Happy trading ahead! Cheers, BC πππ
@Tiger_comments @TigerObserver @TigerStars @TigerPM @Daily_Discussion @TigerPicks @TigerGPT
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Meta Platforms, Inc. (META) Analysis
Business Overview: Meta Platforms, Inc. (META) is engaged in the development of products that enable people to connect and share with friends and family. They operate a collection of the largest social networks in the world, including Facebook, Instagram, WhatsApp, and Messenger. Meta is also focused on building a metaverse and integrating AI into their platforms.
Earnings and Forecast: Meta's latest reported earnings data is not available. However, the earnings forecast for 2024 indicates an estimated EPS of $22.60, forecasted gross income of $162.93 billion, and forecasted EBIT of $65.70 billion. Looking ahead to 2025 and 2026, the forecasted EPS, gross income, and EBIT are expected to increase.
Recent Trends: Meta's stock price has been volatile, with support and resistance levels observed. The support price as of November 29th was at $567.6, and the resistance price was at $576.6. The stock's price-to-sales ratio is 9.28, indicating its valuation relative to its revenue. The capital flow data shows a decline in the past five days, with outflows of around 28,730.01 thousand units to 38,994.94 thousand units.
Analyst Viewpoints: Analysts have provided recommendations for Meta's stock, with 22 recommending, 39 buying, 7 holding, and 2 underperforming. The target price estimates from 62 analysts have a mean estimate of $641.86, with a low estimate of $260 and a high estimate of $811.
Recent News: There are several relevant news articles about Meta Platforms, Inc. Here are a few examples:
Meta Platforms, Inc. (META) Plans $10B Global Subsea Cable to Support AI Growth: Meta plans to build a major fiber-optic subsea cable extending around the world to support its AI business. This project could involve an investment of more than $10 billion.
Why Is Meta Platforms (META) Up 0.3% Since Last Earnings Report?: This article discusses the recent positive trend in Meta's stock price and examines the company's top-line growth driven by its platforms like Facebook and Instagram.
Three Reasons Investors Love Meta (META): The article highlights three reasons why investors love Meta Platforms, including its impressive average revenue per user (ARPU) growth and its ability to increase monetization.
Please note that the above information is for informational purposes only and should not be considered as investment advice. Investors should conduct thorough research and analysis before making any investment decisions. The stock market involves risks, and stock prices can fluctuate based on various factors.
Netflix (NFLX) Analysis
Unfortunately, the relevant data and news for Netflix (NFLX) on December 2, 2024, is not available at the moment.
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πΏπΏπΏsnap!
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