META long term bullish investmentMETA verse project, probably you heard about the project and everyone talking about how it will change the world. A new world with new concepts,
also, you see Facebook had changed its name to Meta for many reasons, to change the infamous reputation into a new one and convince you that there are the inventors of the Metaverse technology,
Metaverse was an old project that had many companies are investing in this technology, and like anything in the world it grows and got developed. Omicron and home lockdown will give the runway for this technology to expand.
You will hear different points of view about this project is it good is it bad for users?
for an investor, it's just an investment opportunity.
I see that people from over the world are enthused about this project, Big institutions and companies NASDAQ:NVDA , NASDAQ:MSFT , NYSE:RBLX , NYSE:U , NASDAQ:INTC and more ... are investing in this thing, the main trend Indicates a long-term investment opportunity. the main currency for this project will be Crypto so if you have any Cryptocurrencies assets don't sell them now, they have a future -Mark my word-
Position
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The chart doesn't say much, as a new ETF the time will draw the chart, so we cannot base predictions on past events. But we have major companies like I mentioned above and more like OTC:SNEJF , NASDAQ:TTWO , NASDAQ:MTTR , NASDAQ:COIN , NASDAQ:EA , NYSE:FSLY , that we can follow up on the overall performance as an META ETF companies, so we can make our decision.
Buy limit at these areas of the 14 $-15 $
14 $ area is the only support the chart made, so technically we will consider it as bounce back area to the uptrend.
What is the target?
for a new project ETF, we will see what is the market tends to so it's your call if you want to follow the Warren Buffett strategy and got out with a 100% profit target, that's fine. for me, I will hold for a long-term 3 years or more if there are no government quarrels over the project.
