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
🌐 Join thousands trading smarter at hkcmglobal.com
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter at hkcmglobal.com
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
📊 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
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.