Meta (
META) is attempting the breakout:
Click chart above to see the detailed analysis👆🏻
Over the past couple of months, we have been witnessing an incredible rally of about +750% on Meta. Looking at the long term reverse triangle pattern, this rally was not unexpected and such is the breakout. We still need to see confirmation, but then Meta will target the four digit level.
Levels to watch: $700, $1.000
Keep your long term vision,
Philip (BasicTrading)
META) is attempting the breakout:Click chart above to see the detailed analysis👆🏻
Over the past couple of months, we have been witnessing an incredible rally of about +750% on Meta. Looking at the long term reverse triangle pattern, this rally was not unexpected and such is the breakout. We still need to see confirmation, but then Meta will target the four digit level.
Levels to watch: $700, $1.000
Keep your long term vision,
Philip (BasicTrading)
Trade active
Trading update on Meta (META):Click chart above to see the detailed analysis👆🏻
With the recent quite harsh rejection on Meta, we are now about to see an actual false breakout after last month Meta attempted to break above the major long term resistance trendline. If we see the confirmation soon, we will then also see a (significant) correction.
Levels to watch: $700, $1.000
Keep your long term vision,
Philip (BasicTrading)
Trade closed: target reached
Trading update on Meta (META):Click chart above to see the detailed analysis👆🏻
Meta is currently just perfectly following the entire stock market correction and is also slowly confirming the previous resistance false breakout. We didn't see bearish confirmation yet, but if we do, Meta will also be a candidate for a correction of about -30% to -40%.
Levels to watch: $700, $1.000
Keep your long term vision,
Philip (BasicTrading)
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
SwingTrading.Simplified.
Free: SwingTrading-Academy👇🏻
discord.gg/jgdrYXwqyD
#LONGTERMVISION
Free: SwingTrading-Academy👇🏻
discord.gg/jgdrYXwqyD
#LONGTERMVISION
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.