Meta Platforms Inc. (META) closed its last active trading session at $648.03, representing a modest gain of o.57%. The stock has experienced strong bullish momentum this week, driven primarily by major developments in its artificial intelligence ecosystem and significant upgrades from Wall Street analysts.
Technical View:
META is on sideways formation, roaming in a horizontal motion of support and resistance for couple months now, in respect to the structure. Price is ranging towards the resistance zone, as there is potential chance of short pullback between $664-$686.
Key Point:
A confirmed reverse around this level, activates a sell position down to $581, as next possible bearish.
Thanks for reading, have a great weekend!
Technical View:
META is on sideways formation, roaming in a horizontal motion of support and resistance for couple months now, in respect to the structure. Price is ranging towards the resistance zone, as there is potential chance of short pullback between $664-$686.
Key Point:
A confirmed reverse around this level, activates a sell position down to $581, as next possible bearish.
Thanks for reading, have a great weekend!
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La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.