Meta (
META) could actually break the resistance trendline:

Click chart above to see the detailed analysis👆🏻
As we are speaking, Meta is actually retesting the major (and only) resistance trendline of the reverse triangle pattern. If we actually see the bullish breakout - which obviously has to then be confirmed - this triangle breakout could lead to an immediate rally of more than +40%.
Levels to watch: $650, $1.000
Keep your long term vision,
Philip (BasicTrading)
Click chart above to see the detailed analysis👆🏻
As we are speaking, Meta is actually retesting the major (and only) resistance trendline of the reverse triangle pattern. If we actually see the bullish breakout - which obviously has to then be confirmed - this triangle breakout could lead to an immediate rally of more than +40%.
Levels to watch: $650, $1.000
Keep your long term vision,
Philip (BasicTrading)
Giao dịch đang hoạt động
Trading update on Meta (Click chart above to see the detailed analysis👆🏻
Meta is still struggling to finally break above the upper resistance trendline of the reverse triangle pattern. This means that we cannot be 100% bullish yet since there is actually the chance that Meta will reverse right here. Nevertheless optimism is important and that's why I still prefer a bullish breakout.
Levels to watch: $650, $1.000
Keep your long term vision,
Philip (BasicTrading)
Đóng lệnh: đạt mục tiêu
Trading update on Meta (Click chart above to see the detailed analysis👆🏻
It honestly looks like we will see another bearish rejection on Meta after Meta is actually not really able to break the resistance trendline towards the upside. We still need a little more clarity on the smaller timeframes, but if a stock does not move up, it will eventually reverse and start a substantial move lower.
Levels to watch: $650, $420
Keep your long term vision,
Philip (BasicTrading)
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#1 Video Author on @TradingView 🏆
Swing Trader since the Year 2019 💻
Daily Analysis from Monday - Friday 💰
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discord.gg/jgdrYXwqyD
Swing Trader since the Year 2019 💻
Daily Analysis from Monday - Friday 💰
4K+ Traders in Our FREE Community👇
discord.gg/jgdrYXwqyD
Thông báo miễn trừ trách nhiệm
Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.