How Far Can META Drop?
Target range is 260-270 by 11/15/2023
- can go as low as 253
- expecting some accumulation in the 260-270 range before a bounce to 280 by end of November
- I'll send an update from there
Orange trajectory is the expected path to point target of 260
- can go as low as 253
- expecting some accumulation in the 260-270 range before a bounce to 280 by end of November
- I'll send an update from there
Orange trajectory is the expected path to point target of 260
Note
Still bearish as long as 306-311 holds as resistance. Likely will trade in 301-304 range going into FOMC on 11/1 and then drop.- META will be trading at 280 on 11/6/2023
- 260-270 still attainable as goal target by 11/15
- Most bearish case 230s by end of October
** If we see sustained break above 306-311 then I'll get bullish to 334-339.
Note
adding puts today, Nov 24 290s.. not financial advice
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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.