Meta experienced a rapid rise and fall during August. After recently retesting its Daily 55 EMA, it has re-entered an uptrend as defined by the stacked moving averages.
Traders looking to gain long exposure to tech, communications, or even Meta itself will likely find the $520-$525 range as a decent area to enter.
The trade becomes invalid if Meta breaks its 55...
Meta experienced a rapid rise and fall during August. After recently retesting its Daily 55 EMA, it has re-entered an uptrend as defined by the stacked moving averages.
Traders looking to gain long exposure to tech, communications, or even Meta itself will likely find the $520-$525 range as a decent area to enter.
The trade becomes invalid if Meta breaks its 55...
