What's changed?
After some initial hesitation, Meta stock surged out of the green Target Zone ($539.39–$585.54) last week. However, it quickly slipped back just below the lower edge of the zone, so the area remains active for now and could still be used for entries.
Primary Scenario
Currently, we see META in the third segment of an upward impulse, which should push the stock above resistance at $691.58 and $796.25. In the near term, we expect renewed gains out of our green Target Zone ($539.39–$585.54).
Long-Term Outlook
The daily chart confirms that the final upward move should complete the long-term uptrend at new all-time highs above resistance at $796.25. In our long-term alternative scenario, Meta would have already finished the uptrend and would subsequently sell off below support at $471.67 and $383.79. In that case, we would expect the next sustainable trend reversal above $88.09 (probability: 35%).
After some initial hesitation, Meta stock surged out of the green Target Zone ($539.39–$585.54) last week. However, it quickly slipped back just below the lower edge of the zone, so the area remains active for now and could still be used for entries.
Primary Scenario
Currently, we see META in the third segment of an upward impulse, which should push the stock above resistance at $691.58 and $796.25. In the near term, we expect renewed gains out of our green Target Zone ($539.39–$585.54).
Long-Term Outlook
The daily chart confirms that the final upward move should complete the long-term uptrend at new all-time highs above resistance at $796.25. In our long-term alternative scenario, Meta would have already finished the uptrend and would subsequently sell off below support at $471.67 and $383.79. In that case, we would expect the next sustainable trend reversal above $88.09 (probability: 35%).
📊 Daily market insights combining macro + Elliott Wave analysis
🚀 Spot trends early with momentum, sentiment & price structure
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🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter at hkcmglobal.com
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📊 Daily market insights combining macro + Elliott Wave analysis
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter at hkcmglobal.com
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter at hkcmglobal.com
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。