In the chart -
META
Trend Analysis:
Weak up trend. It may break out the trend line and start short term sideways trend.
At the end of the sideways trend, A breakout may be occurred.
Pattern:
Rising channel. It may break out the channel.
Support/ Resistance:
It will be difficult for price to break out the resistance - 513.78
So it may follow trading range.
During trading range,
513.78 - may act as resistance.
493.12 - may act as support.
Trend Analysis:
Weak up trend. It may break out the trend line and start short term sideways trend.
At the end of the sideways trend, A breakout may be occurred.
Pattern:
Rising channel. It may break out the channel.
Support/ Resistance:
It will be difficult for price to break out the resistance - 513.78
So it may follow trading range.
During trading range,
513.78 - may act as resistance.
493.12 - may act as support.
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.
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.