META Long

15 nov 2023

Meta has exhibited a growth pattern after the correction in the market a year ago, it has benefited along the other tech giants and enjoys a relatively stable bullish trend with predictable support levels as indicated in the trade setup with Trading View. A buy order will be set at 295.50 for 10 units and a stop will be put into place at around the 270 range where previous support levels has then collapsed. Profit is estimated to run into the 340 range based on technical data that others will also be trading on. Upon reaching 320 a closer stop loss will be put into place in the green, losses will be alpha when triggered. If trend instead continues profit will be taken at 337, well under the volatility of the next battle.