On the daily chart of Meta Platforms (META), price continues to respect a well-defined long-term bullish structure supported by an ascending trendline that has been in place since the April–May 2025 lows. This trendline has acted as dynamic support, repeatedly marking areas where corrective behavior fades and directional coherence starts to rebuild.
After the impulsive advance that led to new highs in September, price failed to break higher during the October attempt. This created a consolidation zone that could be interpreted as a potential double top. However, this structure was never confirmed, as there was no decisive breakdown or sustained bearish continuation. Instead, price transitioned into a controlled corrective phase.
Since then, price behavior has remained highly technical. Each corrective leg has found support precisely at the rising trendline, producing orderly rebounds rather than impulsive sell-offs. This type of reaction suggests that downside pressure is being absorbed rather than expanded, keeping the broader bullish structure intact.
From the EdoControl perspective, bearish sequences during pullbacks lack persistence and strength, while momentum loss becomes evident as price approaches key support. After each rebound, directional coherence gradually returns, reinforcing the idea that these corrections are part of a larger constructive process rather than signs of distribution.
This approach is not about predicting exact turning points, but about aligning with the dominant trend once corrective phases lose effectiveness. The objective is to identify when price resumes moving with the prevailing structural direction and position accordingly, always with the trend as the primary reference.
From a relative valuation standpoint, META is currently trading around a 27x P/E ratio, placing it among the more reasonably valued names within the large-cap technology group. While fundamentals do not define the entry, they provide additional context supporting a long-term constructive bias.
In this context, I have taken a position around the 617 USD area, coinciding with another clean reaction off the long-term ascending trendline. This is not a short-term or swing-oriented setup, but a long-term view that allows price to develop over time.
In a constructive scenario, a return toward previous highs and a confirmed breakout with volume would open the door to broader extensions. The 800 USD area stands as a conservative objective if the structure continues to hold. On the other hand, failure to break prior highs or the formation of a clear lower high would increase the risk of a double top and require a more defensive approach or a full reassessment.
As with any long-term setup, patience and discipline are essential. While the bullish structure remains intact, the context stays constructive, but no scenario is permanent. A clear loss of the ascending trendline, a sustained increase in selling pressure, or a meaningful structural shift would invalidate the current thesis and demand a full reevaluation. Trading is not about being right, but about adapting to what price is actually doing as new information unfolds.
After the impulsive advance that led to new highs in September, price failed to break higher during the October attempt. This created a consolidation zone that could be interpreted as a potential double top. However, this structure was never confirmed, as there was no decisive breakdown or sustained bearish continuation. Instead, price transitioned into a controlled corrective phase.
Since then, price behavior has remained highly technical. Each corrective leg has found support precisely at the rising trendline, producing orderly rebounds rather than impulsive sell-offs. This type of reaction suggests that downside pressure is being absorbed rather than expanded, keeping the broader bullish structure intact.
From the EdoControl perspective, bearish sequences during pullbacks lack persistence and strength, while momentum loss becomes evident as price approaches key support. After each rebound, directional coherence gradually returns, reinforcing the idea that these corrections are part of a larger constructive process rather than signs of distribution.
This approach is not about predicting exact turning points, but about aligning with the dominant trend once corrective phases lose effectiveness. The objective is to identify when price resumes moving with the prevailing structural direction and position accordingly, always with the trend as the primary reference.
From a relative valuation standpoint, META is currently trading around a 27x P/E ratio, placing it among the more reasonably valued names within the large-cap technology group. While fundamentals do not define the entry, they provide additional context supporting a long-term constructive bias.
In this context, I have taken a position around the 617 USD area, coinciding with another clean reaction off the long-term ascending trendline. This is not a short-term or swing-oriented setup, but a long-term view that allows price to develop over time.
In a constructive scenario, a return toward previous highs and a confirmed breakout with volume would open the door to broader extensions. The 800 USD area stands as a conservative objective if the structure continues to hold. On the other hand, failure to break prior highs or the formation of a clear lower high would increase the risk of a double top and require a more defensive approach or a full reassessment.
As with any long-term setup, patience and discipline are essential. While the bullish structure remains intact, the context stays constructive, but no scenario is permanent. A clear loss of the ascending trendline, a sustained increase in selling pressure, or a meaningful structural shift would invalidate the current thesis and demand a full reevaluation. Trading is not about being right, but about adapting to what price is actually doing as new information unfolds.
Edolab Markets — Precision trading tools
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
Edolab Markets — Precision trading tools
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.