Usstocks
WILL META STOCK CONTINUE TO RISE?Looking at the position of this asset, I will say that if the TL is strong enough to hold as support, then I will target $200 as my first buy TP.
Note: $200 zone is also the FIB38.2 zone making it a significant area to watch out for.
However, if the Trendline fails, we may be heading downwards $150 to fill the gap.
I hope fundamental favours META
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ANET: With a Breakout, a Clear Transition to the Advance ZoneArista Networks, Inc. broke its key resistance and entered the advance zone on strong earnings growth.
It stayed trapped in the price channel ($100-$140) for more than a year due to the downtrend in stock markets. But now with good volumes and steady growth behind it, it's taken a big step.
ANET's revenue grew 49% (TTM) and income 61% (TTM) and is expected to continue its growth momentum.
This cloud computing stock is a very good pick over the long term.