Advertisement
Advertisement
META, MSFT and NFLX Forecast – Major US Stocks Look Hesitant
Published: Mar 20, 2025, 12:24 GMT+00:00
During the early hours of Thursday, we continue to see a lot of questions asked about the overall health of the stock markets, and the global economy as well.
META Technical Analysis
The Meta market looks like it is essentially going to open up flat, maybe just a few ticks below where it closed. But what I find interesting about Meta right now is that we are sitting right here at the 200-day EMA. So, a lot of technical traders will be watching this. Whether or not we have any real reason to go higher is a completely different story. But right now, it certainly looks like if you were looking for a bounce, this might be a place to see it. Only time will tell. It’s worth noting that the candlestick during the trading session on Wednesday was very neutral. So, we’ll see how that plays out.
MSFT Technical Analysis
Microsoft is likely to open up just below where it closed during the previous trading session, but we are in the midst of a bit of consolidation here. And I think that’s really what’s going on more than anything else. I still don’t want to jump into this market, but this is a scenario where if we can clear the $395 level, we might be able to continue higher.
NFLX Technical Analysis
Netflix looks like it’s going to be slightly lower than where it closed, but again, like the other two stocks, nothing major. So, at this point, we are threatening the $950 region, which is an area that previously had been support. If we can break above the crucial $1,000 level, then Netflix is likely to continue going much higher. I do see support at the $885 level underneath as well as the $825 level if we do start to sell off again.
About the Author
Christopher Lewisauthor
Chris is a proprietary trader with more than 20 years of experience across various markets, including currencies, indices and commodities. As a senior analyst at FXEmpire since the website’s early days, he offers readers advanced market perspectives to navigate today’s financial landscape with confidence.
Latest news and analysis
Advertisement