Call me crazy... but META to $21

RandyHall
2023-07-11

This is probably my hottest take I will probably ever have but here it is... META is going to $21 all the way back 2013 prices. This to me looks like a bigger scale of Elliott Wave here. W1 on the macro scale was from 2012-2021 for just W1.... and the way everything is going in the world and how business can't afford employees anymore and people are slowly losing their net worth as rates and cost of food and living keep increasing while wages are stagnant at. It all correlates in my opinion. This macro W2 we are in and have been in we just don't see it is going to get ugly once this C wave comes alive. The B wave we are in could last longer but we are in the region which is drawn on the chart of the fib levels to where we see a reversal to the downside.

I would not be a buyer on this stock, but honestly would buy some PUT OPTIONS OTM very far out and take a risk.. why not

Meta. . . I think everything they touch looses money these days. $Meta Platforms, Inc.(META)$

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