Meta PlatformsLong
META: Potential 5 to 10 Bagger in 2024-2025
Fundamentals:
Sales have accelerated in META and earnings are above 20% q/q. However, its three-year earnings are below 5%. But if this changes when earnings come out in April 2024, then that will renew META as a super stock for 2024.
Weekly:
uHd
50% fib and diagonal support with a-b-c extension downward into support.
Kijun trend bounce
target:
600-800
Sales have accelerated in META and earnings are above 20% q/q. However, its three-year earnings are below 5%. But if this changes when earnings come out in April 2024, then that will renew META as a super stock for 2024.
Weekly:
uHd
50% fib and diagonal support with a-b-c extension downward into support.
Kijun trend bounce
target:
600-800
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