Meta Platforms, Inc.
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META: Strong Bounce from 690-700 - Is the Reversal to 760 on?

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META: Strong Bounce from 690-700 - Is the Reversal to 760 on?

  • After a sustained bearish period since September 19th, Meta Platforms (META) has just printed a strong bullish candle, confirming a robust bounce from the "Very Good Support 690 to 700" zone.

  • This decisive reaction from key demand suggests a potential reversal, with the "760 1st Target" now in immediate focus for bullish momentum to reclaim previous levels and test the broken trendline.

  • A successful break and sustained close above the 760 mark would clear the path for the "785 to 790 2nd Target," aiming to challenge prior swing highs and solidify a new upward trend.

  • Maintaining price action firmly above the 690-700 support is absolutely critical to validate this bullish shift and continue the recovery path.


Disclaimer:
The information provided in this chart is for educational and informational purposes only and should not be considered as investment advice. Trading and investing involve substantial risk and are not suitable for every investor. You should carefully consider your financial situation and consult with a financial advisor before making any investment decisions. The creator of this chart does not guarantee any specific outcome or profit and is not responsible for any losses incurred as a result of using this information. Past performance is not indicative of future results. Use this information at your own risk. This chart has been created for my own improvement in Trading and Investment Analysis. Please do your own analysis before any investments.

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