Meta Platforms - The Breakout Rally To $1.000!
Meta Platforms (
META) is about to break out:
Click chart above to see the detailed analysis👆🏻
Ever since Meta Platforms - formerly known as Facebook - was listed on the Nasdaq, this stock has been creating new all time highs over and over again. Also over the past couple of months, momentum was pretty strong and a triangle breakout seems inevitable.
Levels to watch: $650, $1.000
Keep your long term vision,
Philip (BasicTrading)
META) is about to break out:Click chart above to see the detailed analysis👆🏻
Ever since Meta Platforms - formerly known as Facebook - was listed on the Nasdaq, this stock has been creating new all time highs over and over again. Also over the past couple of months, momentum was pretty strong and a triangle breakout seems inevitable.
Levels to watch: $650, $1.000
Keep your long term vision,
Philip (BasicTrading)
Trade active
Trading update on Meta Platforms (META):
Click chart above to see the detailed analysis👆🏻
Higher and higher Meta Platforms is heading and after retesting the reverse triangle resistance trendline over and over again, a bullish breakout becomes more and more likely. Since there is no resistance above the triangle, the next psychological structure (4 digits) will eventually be tested.
Levels to watch: $650, $1.000
Keep your long term vision,
Philip (BasicTrading)
Trade closed: target reached
Trading update on Meta Platforms (META):
Click chart above to see the detailed analysis👆🏻
After retesting the resistance trendline over and over again, Meta is now fulfilling its destiny and attempting the first bullish breakout. If we actually see the confirmation of this breakout, Meta will most likely create an immediate short squeeze rally, testing the four digit levels.
Levels to watch: $650, $1.000
Keep your long term vision,
Philip (BasicTrading)
Keep your long term vision.
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Keep your long term vision.
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basictrading.net
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