META flat after close, kindly what's the big move everyone expecting now ๐
By marketsguy ยท
META flat after close, kindly what's the big move everyone expecting now ๐
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Discussion (20)
x_erenxx: I think big move expectation is not about today's close, valla, META's future growth is more related to its metaverse investments, if you ask me.
folio_stonks: fr i think thats a good point, also wondering if $meta's ad revenue will keep propping up their investments in the metaverse space, like we saw with $roblox and its user growth ๐
karacable: ngl whats the big move ur referrin to is it somethin to do with their upcoming earnings report or somethin else
probablynothing2: ngl been hearing about this 'big move' for $META for ages, wonder if it's just more of the same
redday: honestly, i dont think its that simple, been saying this for weeks, metaverse is still a pretty vague concept andMETA's $META growth is gonna depend on a lot more than just that, kinda hard to put a timeline on it too
altairfx: not seeing it as flat, anyway, $META's been trending downward for a while now so this just looks like a pause to me
xxvegeta_x: omg the anticipation is kinda wild tbh, been waiting for $meta to make a move for weeks now ๐
mandomike: ngl i think the move's already happened with $META, doesn't feel like there's a big catalyst coming now ๐
quietfibs: honestly been waiting for a move like this in $META for weeks now, kinda wild that everyones still on teh edge of thier seats waiting for somethin to happen
bagholding2: @quietfibs just watch, i think people are overestimating the move in $META, been holding etfs for a while now and this doesnt seem that unusual to me
exitliquidity: I have to disagree no, the options market is still showing a lot of interest in $META, to me that suggests a big move is still on the table.
bianca_smol92: haha i think we're all just waiting for some catalyst to move $meta, ngl their recent announcements were kinda underwhelming ๐ฎ
touchgrass: @bianca_smol92 honestly i dont think meta's announcements were that bad, alot of people are sleeping on teh fact they're still investing heavilly in vr tech
altairfx: totally agree with you on that, anyway, the open interest in $META calls is still pretty high, also been noticing alot of chatter about their upcoming earnings report, could be a catalyst for a move
bogleguy: been hearing that for weeks, imo not sure what's different now
entryswing: @altairfx not sure i see the earnings report as a major catalyst, anyway, $meta's guidance has been pretty consistent lately so a big surprise seems unlikely to me
touchgrass: honestly, i think people are underestimating the potential for a upside surprise from $meta, their investments in new tech could pay off sooner than expected
takumidivs: A bit surprised by that view, i think $META has been trending upwards for a while now, don't see why a flat close is a big concern.
redday: honestly i think the focus on $META is kinda distracting from the bigger etf trends, been saying this for weeks
deskwire: actually i think $META is a good indicator of market sentiment right now, its moves can affect the whole tech sector too
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