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Rally Revved: Meta Shifts into High Gear After Rate Cuts
Meta Platforms
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Rally Revved: Meta Shifts into High Gear After Rate Cuts
By NaranjCapital
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Sep 22
2
Sep 22
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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