Meta - The Correction Is Officially Over!

15 apr

Meta (META) is retesting the previous all time high:



Click chart above to see the detailed analysis👆🏻

For more than 7 years, Meta has been perfectly trading in a reverse triangle formation. And just three months ago, Meta once again retested the upper resistance trendline and reversed towards the downside. But with the retest of the previous all time high, this correction is over.

Levels to watch: $500, $800

Keep your long term vision,
Philip (BasicTrading)

23 apr

Trade attivo

Trading update on Meta (META):



Click chart above to see the detailed analysis👆🏻

Isn't it just wonderful that Meta is perfectly respecting a major previous structure, all while the higher timeframe is pointing much higher. All Meta needs right now is bullish confirmation on the smaller timeframe and voila, new all time highs will eventually follow.

Levels to watch: $500, $800

Keep your long term vision,
Philip (BasicTrading)

1 mag

Trade chiuso: obiettivo raggiunto

Meta - META - just creates the bottom:

(click chart above to see the in depth analysis👆🏻)

Just when everybody thinks that Meta will repeat the 2022 price action, we see bulls stepping in at the major horizontal support area. With bullish confirmation being created soon, Meta is showing clear signs of strength, targeting the previous upper resistance trendline next.

Levels to watch: $500, $800

Keep your long term vision!
Philip (BasicTrading)