Meta Platforms
Long
Updated

META Bullish Momentum โ€“ Targeting $639!

369
๐Ÿš€ META Bullish Momentum โ€“ Targeting $639! ๐Ÿš€

๐Ÿ“Š Trade Setup:

Take Profit 1: $610.00
Take Profit 2: $639.00 (previous high)
Stop Loss: $578.92 (below demand zone and channel support)

๐Ÿ“ˆ Analysis:
META has been trading in a strong uptrend channel for the past 3 months, consistently forming higher highs and higher lows. With a positive opening on the first trading day of 2025, the stock has already seen a +2% increase, reflecting strong bullish sentiment.

The price is now approaching key resistance levels at $610 and the previous high at $639. A breakout above these levels could drive prices even higher, confirming the continuation of the uptrend.

๐ŸŽฏ Targets:

$610.00: Short-term resistance
$639.00: Previous high and key breakout zone

๐Ÿ”น Risk Management:
Stop loss placed at $578.92, just below the demand zone and channel support, ensuring controlled risk if the trend reverses.

โšก What do you think about METAโ€™s bullish momentum? Will it break above $639? Drop your thoughts below! โšก
Trade active
๐Ÿš€ Meta Trade Hit TP2 : Huge Win! ๐Ÿš€

We bought Meta at $598, and today we just smashed through Take Profit 2 at $639 ( new all time high )! ๐ŸŽฏ

๐Ÿ“Š Trade Highlights:

Price Movement: $41 per share.
๐Ÿ’ฐ Profit for 100 shares: $4,100!
๐Ÿ’ฐ Profit for 1,000 shares: A massive $41,000!


Follow me for more opportunities like this.
Trade closed: target reached
All targets reached! ๐Ÿ’ฐ

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.