Meta Platforms
Long

Rally Revved: Meta Shifts into High Gear After Rate Cuts

693
  • The stock price has been on a wild ride this year, marked by significant volatility.
  • A clear Cup & Handle formation has emerged on the chart, suggested a potential continuation of the existing trend.
  • Following a successful breakout, the stock has maintained its position above the breakout level, demonstrating strength.
  • The price action suggests that the stock could potentially rally by 18-20% in the short term.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.