Meta PlatformsLong
Meta is lining up for MAJOR upside thanks to possibly TikTok!
TECHNICAL:
We have a strong W Formation forming on Meta.
We just need the price to break above the Neckline. Other indicators show Price is above the 20MA and the 200MA and things fundamentally are looking very strong for META going into 2025.
So first target will be at $796.97.
As Zuck is making major changes to make them more in line with X's policies and cutting some red tape.
FUNDAMENTAL RANT:
The whole TikTok ban and its quick comeback seem like a setup. On the same day TikTok got banned, Facebook conveniently made a TikTok account and told people to link their accounts. Oh, and guess what? Some senators just happened to buy Meta shares right before the ban.
Trump, who originally banned TikTok back in 2020, made a big deal about bringing it back, acting like a hero and making it all about himself.
I wouldn't be surprised if Meta announces a partnership with TikTok’s CEO, Mr. Chou, and possibly grab a 50% stake in TikTok to ease concerns about cybersecurity in the U.S. Meanwhile, Americans are jumping to Red Note— voluntarily giving their information away and because they are tired of the Oligarchy.
We have a strong W Formation forming on Meta.
We just need the price to break above the Neckline. Other indicators show Price is above the 20MA and the 200MA and things fundamentally are looking very strong for META going into 2025.
So first target will be at $796.97.
As Zuck is making major changes to make them more in line with X's policies and cutting some red tape.
FUNDAMENTAL RANT:
The whole TikTok ban and its quick comeback seem like a setup. On the same day TikTok got banned, Facebook conveniently made a TikTok account and told people to link their accounts. Oh, and guess what? Some senators just happened to buy Meta shares right before the ban.
Trump, who originally banned TikTok back in 2020, made a big deal about bringing it back, acting like a hero and making it all about himself.
I wouldn't be surprised if Meta announces a partnership with TikTok’s CEO, Mr. Chou, and possibly grab a 50% stake in TikTok to ease concerns about cybersecurity in the U.S. Meanwhile, Americans are jumping to Red Note— voluntarily giving their information away and because they are tired of the Oligarchy.
✅ Facebook:
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
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