CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

META (#FACEBOOK)

Special Reports - 14/11/2024

14 November, 2024

The example below uses Contracts For Difference (CFDs). Calculations are only on the price of the specific instrument on the date below and calculations indicate a possible profit or loss. No representation or warranty is given as to the accuracy or completeness of this information, consequently any person acting on it does so entirely at their own risk.

META (#FACEBOOK) weekly special report based on 1 Lot Calculation:

HISTORICAL PERFORMANCE: STOCK PERFORMANCE AFTER 3, 6 AND 12 MONTHS AFTER DONALD TRUMP WAS ELECTED PRESIDENT IN THE USA IN 2016

Company

TICKER

3 months after the elections 2016

6 months after the elections 2016

12 months after the elections 2016

META

#FACEBOOK

8.03%

21.61%

44.55%

Data Source: Bloomberg Terminal; Meta Trader 4 Platform;

DONALD TRUMP WAS ELECTED THE 45TH PRESIDENT IN 2016 AND HE STAYED IN POWER UNTIL 2020.

  • CORPORATE TAX CUTS: DONALD TRUMP LOWERED THE CORPORATE TAXES TO 21% FROM THE PREVIOUS 35%. The Tax Cuts and Jobs Act significantly reduced corporate tax rates, enabling Facebook to retain more profits.

  • REGULATORY RELIEF: The Trump administration's regulatory reliefs reduced compliance costs across industries which created a favorable environment for growth, particularly benefiting large tech companies.

  • INVESTORS CONFIDENCE BOOST: These tax benefits improved Facebook’s net income, which in turn fueled positive investor sentiment and attracted more investment.

DONALD TRUMP WAS ELECTED PRESIDENT OF THE U.S.A. AGAIN ON NOVEMBER 5, 2024.

  • LOWER CORPORATE TAXES AND REGULATORY EASING: CORPORATE TAXES ARE EXPECTED TO BE CUT TO 15% FROM THE CURRENT 21%. Likely corporate tax cuts and eased regulations could boost profitability and reduce compliance costs.

  • AMERICA – FIRST POLICIES and Business Expansion Support: Favorable pro-business rules could encourage further expansion efforts, enabling Meta to innovate and scale across digital and virtual platforms.

  • IMPROVED ADVERTISING FLEXIBILITY: Reduced scrutiny on data usage could support Meta's targeted advertising, driving ad revenue growth.

META: PRICE ACTION

  • THE STOCK HIT AN ALL- TIME HIGH OF $602.95 ON OCTOBER 7, 2024.

  • ANALYST OPINION: Citi forecasts $705, Cantor Fitzgerald forecasts $680, Rosenblatt Securities forecasts $811

#FACEBOOK, November 14, 2024
Current Price: 579

Meta Platforms

Weekly

Trend direction

UP

Resistance 3

800

Resistance 2

690

Resistance 1

645

Support 1

520

Support 2

515

Support 3

490

Example of calculation based on weekly trend direction for 1.00 Lot1

Meta Platforms

Pivot Points

Resistance 3

Resistance 2

Resistance 1

Support 1

Support 2

Support 3

Profit or loss in $

221,000.00

111,000.00

66,000.00

-59,000.00

-64,000.00

-89,000.00

Profit or loss in €²

210,346.70

105,649.25

62,818.47

-56,155.91

-60,914.88

-84,709.76

Profit or loss in £²

174,881.20

87,836.26

52,226.97

-46,687.74

-50,644.33

-70,427.27

Profit or loss in C$²

309,716.84

155,559.14

92,494.62

-82,684.59

-89,691.75

-124,727.60

  1. 1.00 lot is equivalent of 1 000 units

  2. Calculations for exchange rate used as of 11:15 (GMT) 14/11/2024

There is a possibility to use Stop-Loss and Take-Profit.

  • You may wish to consider closing your position in profit, even if it is lower than the suggested one.

  • Trailing stop technique could protect the profit

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