Meta Platforms
Long
Updated

Meta Platforms - The rally is clearly not over!

1 087
Meta Platforms - META - can rally another +30%:
snapshot
(click chart above to see the in depth analysis👆🏻)

Some people might say that it seem counterintuitive to predict another +30% rally on Meta Platforms while the stock has been rallying already about +750% over the past couple of months. But price action and market structure both tell us, that this will soon turn into reality.


Levels to watch: $850

Keep your long term vision!
Philip (BasicTrading)
Trade active
Meta Platforms - META - is almost at new highs:
snapshot
(click chart above to see the in depth analysis👆🏻)

Another month starts and Meta Platforms is up about +8%, more than +1% for every trading day this month. It really seems like this stock is never going to slow down, which is obviously also not unexpected. Looking at the recent bullishness, new all time highs will likely follow.


Levels to watch: $900

Keep your long term vision!
Philip (BasicTrading)
Trade closed: target reached
Meta Platforms - META - will break out now:
snapshot
(click chart above to see the in depth analysis👆🏻)

About two weeks ago I called the next major impulse of about +30% on Meta. Not even a month later and Meta is about to create new all time highs with a rally of +10%. This also means that Meta has another +20% left until it will then retest the next resistance.


Levels to watch: $900

Keep your long term vision!
Philip (BasicTrading)

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