After a sharp rally, Meta has taken a more measured approach but continues to build on its upward momentum, even reaching a new all-time high. We’re still allowing for further gains in green wave [B], with room to run up to the new resistance at $842.87. Ideally, we would expect the price to reverse downward at that level to resume the broader correction. In wave [C], we’re preparing for potential sell-offs toward support at $471.67, though we still anticipate that the final correction low – and the subsequent trend reversal to the upside – will occur above this level. Looking further ahead, the next bullish cycle, wave V, is likely to drive Meta to new highs above $906.60 over the long term.
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