Meta Platforms
Long

Rally Revved: Meta Shifts into High Gear After Rate Cuts

691
  • The stock price has been on a wild ride this year, marked by significant volatility.
  • A clear Cup & Handle formation has emerged on the chart, suggested a potential continuation of the existing trend.
  • Following a successful breakout, the stock has maintained its position above the breakout level, demonstrating strength.
  • The price action suggests that the stock could potentially rally by 18-20% in the short term.

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