META: Putting in a 3rd Higher Valley at the 0.618 Retrace

363
Meta has recently pulled back to the 61.8% Retrace and since initially testing it we've seen meta make a series of higher highs and higher lows locally and now it would seem that it is attempting to make a third higher low it has also been encouraging that the majority of the candles on this third higher low attempt have closed positively. Lastly on this 3rd Valley we have a bit of Hidden Bullish Divergence on the MACD and Bullish Convergence on the RSI. If we can break above the last local high of $744.00 from here we will then have confirmed a 3 Rising Valleys Pattern which would take us up the the height of the pattern, but to simplify the measured target I will just be targeting the 1.618 extension at $815.60.

Personally I have some $680-$695 strike, 2-month call options to play the move up in META.

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.