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META - Rising Trend [MIDTERM]

Long
Meta Platforms (NASDAQ:META)  
wavepoint99  
NASDAQ:META   Meta Platforms
Trend Analysis Chart Patterns Technical Indicators meta midterm longterm shorterm risingtrend
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trendanalysis chartpattern indicator meta midterm longterm shorterm risingtrend
- Medium term Investors have paid higher prices over time to buy Meta and the stock is in a rising trend channel in the medium long term.
- This signals increasing optimism among investors and indicates continued rise.
- META has broken up through resistance at 183.
- This predicts a further rise.
- Positive volume balance indicates that buyers are aggressive while sellers are passive, and strengthens the stock.
- Overall assessed as technically positive for the medium long term.

Verify it first and believe later.

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