META has been consolidating under $545 for several months and is starting to trade towards the top of the range. If it can confirm and build above its all-time high, there is significant space on the daily chart for it to go higher. Trade active
META confirmed the pivot, and I bought the first remount into the rising hourly demand on the close yesterday.Trade closed: target reached
META traded up to the top of the daily 100 linear regression channel, where I scaled out in order to reload long on dips to daily demand levels.Trade active
I have been buying META at the daily 5 SMA since the breakout.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.