We locate the META in a broader wave IV correction, which should unfold in a three-part [A]-[B]-[C] structure. The current wave [A] should push the price below the key support at $547.57. Once that level is broken, we anticipate a corrective rebound during wave [B], which should temporarily lift the price back above $547.57. The wave [B] top should be followed by wave [C], which is expected to complete the overall correction with a final low inside the beige Target Zone between $491.53 and $414.50. This bottom should mark the end of wave IV. However, if the stock instead breaks out to the upside and overcomes the resistance at $740.91, we will have to expect a new high in wave alt.III before wave IV resumes its downward course (30% probability).
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해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.