Meta - The breakout in question?

٩ يوليو

🪓Meta (META) is retesting major structure:

🔎Analysis summary:

After Meta perfectly retested a major previous support trendline in 2022, the trend shifted bullish. We have been witnessing an incredible rally of about +700% with a current retest of the previous all time highs. Time will tell but a bullish breakout remains quite likely.

📝Levels to watch:

$750

🙏🏻#LONGTERMVISION
Philip - Swing Trader

٢١ يوليو

تم فتح الصفقة

🪓Meta (META) could also reverse now:

🔎Analysis summary:

As we are speaking, Meta is finally retesting the long term upper triangle resistance trendline. Over the course of the past couple of weeks, we have been witnessing a +50% reversal rally. This could now turn either into a breakout or a clear rejection.

📝Levels to watch:

$750

🙏🏻#LONGTERMVISION
SwingTraderPhil

٢٨ يوليو

أغلقت الصفقة: تم الوصول للهدف

🪓Meta (META) reverses right now:

🔎Analysis summary:

After the recent rally of another +50%, Meta is clearly ready for another shorter term correction. Together with the resistance trendline retest, Meta is starting to shift bearish, indicating a move lower. The underlying trend remains bullish though.

📝Levels to watch:

$750

SwingTraderPhil
SwingTrading.Simplified. | Investing.Simplified. | #LONGTERMVISION