Is META going to start Sideways Trend?In the chart - NASDAQ: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.