ADBE, MA, BABA, DKNG& META: Still Dip or Wait for Inversing?

TrendSpider
08-19 13:49

Hello everyone! Today i want to share some technical analysis with you!

1

Taking a deeper look at $Meta Platforms, Inc.(META)$ 👀

Daily active users across the Meta family of apps continues to hit new highs.

Revenue growth remains healthy across every major geography.

Worldwide ad impressions growth has picked up off its 2024 slump.

Despite all this, $Meta Platforms, Inc.(META)$ stock sits down -16% YTD.

Is this a no brainer long-term buy?

2

Michael Burry has notably shorted some of the biggest names in the AI trade...

Meanwhile, he's gone long $DraftKings Inc.(DKNG)$

But why?

Let's take a look under the hood 👀

3

Potential inverse head & shoulders playing out on $Alibaba(BABA)$ after a clean bounce off the 3 year trendline 👀

4

Massive cup and handle waiting to breakout on Mastercard $MasterCard(MA)$ 👀

5

One of the most beaten down names in recent memory... finally time for the comeback?

$Adobe(ADBE)$

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