$Meta Platforms, Inc.(META)$ M

My target for this chart is $680

Notice the 13EMA which is that purple moving average closest to price and how well price has reacted to it by bouncing perfectly off of it with a large green candle and a small consolidation candle to follow. The slope of that moving average remains upwards and usually before tops or longer drawdowns that slope would at the least flatten out and we have the exact opposite with it increasing angle

Weekly MACD is in a bullish cross and starting to increase its slope as well. RSI is uptrending and also above its key pivots

Price is following a stair step process and you can see it’s just broken out of its last “stair” and I expect a similar leg above that puts a measured move around 680-700

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

EVBullMusketeer
12-16
EVBullMusketeer
clear analysis，good job!

Leave a comment

{"i18n":{"language":"en_US"},"detailType":1,"isChannel":false,"data":{"magic":2,"id":382182789361768,"tweetId":"382182789361768","gmtCreate":1734330092503,"gmtModify":1734332260056,"author":{"id":10000000000011004,"idStr":"10000000000011003","authorId":10000000000011004,"authorIdStr":"10000000000011003","name":"Maud Hutt","avatar":"https://static.tigerbbs.com/ffc1002a020fb0da2b1d6c4cfd1b6f95","vip":8,"userType":8,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[],"fanSize":7,"starInvestorFlag":false},"themes":[],"images":[{"img":"https://community-static.tradeup.com/news/b1f9ccb06491166d11a38dbfafb77d79","width":"2048","height":"1522"}],"coverImages":[{"img":"https://community-static.tradeup.com/news/b1f9ccb06491166d11a38dbfafb77d79","width":"2048","height":"1522"}],"extraTitle":"","html":"<html><head></head><body> <a data-mention-id=\"META\" class=\"teditor-mention\" data-mention-name=\"Meta Platforms, Inc.\" href=\"https://ttm.financial/S/META\">$Meta Platforms, Inc.(META)$</a> <v-v data-views=\"1\"></v-v>My target for this chart is $680Notice the 13EMA which is that purple moving average closest to price and how well price has reacted to it by bouncing perfectly off of it with a large green candle and a small consolidation candle to follow. The slope of that moving average remains upwards and usually before tops or longer drawdowns that slope would at the least flatten out and we have the exact opposite with it increasing angleWeekly MACD is in a bullish cross and starting to increase its slope as well. RSI is uptrending and also above its key pivotsPrice is following a stair step process and you can see it’s just broken out of its last “stair” and I expect a similar leg above that puts a measured move around 680-700<img src=\"https://community-static.tradeup.com/news/b1f9ccb06491166d11a38dbfafb77d79\" tg-width=\"2048\" tg-height=\"1522\"></body></html>","htmlText":"<html><head></head><body> <a data-mention-id=\"META\" class=\"teditor-mention\" data-mention-name=\"Meta Platforms, Inc.\" href=\"https://ttm.financial/S/META\">$Meta Platforms, Inc.(META)$</a> <v-v data-views=\"1\"></v-v>My target for this chart is $680Notice the 13EMA which is that purple moving average closest to price and how well price has reacted to it by bouncing perfectly off of it with a large green candle and a small consolidation candle to follow. The slope of that moving average remains upwards and usually before tops or longer drawdowns that slope would at the least flatten out and we have the exact opposite with it increasing angleWeekly MACD is in a bullish cross and starting to increase its slope as well. RSI is uptrending and also above its key pivotsPrice is following a stair step process and you can see it’s just broken out of its last “stair” and I expect a similar leg above that puts a measured move around 680-700<img src=\"https://community-static.tradeup.com/news/b1f9ccb06491166d11a38dbfafb77d79\" tg-width=\"2048\" tg-height=\"1522\"></body></html>","text":"$Meta Platforms, Inc.(META)$ My target for this chart is $680 Notice the 13EMA which is that purple moving average closest to price and how well price has reacted to it by bouncing perfectly off of it with a large green candle and a small consolidation candle to follow. The slope of that moving average remains upwards and usually before tops or longer drawdowns that slope would at the least flatten out and we have the exact opposite with it increasing angle Weekly MACD is in a bullish cross and starting to increase its slope as well. RSI is uptrending and also above its key pivots Price is following a stair step process and you can see it’s just broken out of its last “stair” and I expect a similar leg above that puts a measured move around 680-700","highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/382182789361768","repostId":0,"isVote":1,"tweetType":1,"viewCount":211,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["META"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":621,"xxTargetLangEnum":"ORIG"},"commentList":[{"id":382189541171312,"commentId":"382189541171312","gmtCreate":1734331831623,"gmtModify":1734331836845,"authorId":10000000000010978,"author":{"id":10000000000010978,"idStr":"10000000000010978","authorId":10000000000010978,"name":"EVBullMusketeer","avatar":"https://community-static.tradeup.com/news/aa81eb03f6e378be121421944911f239","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":382182789361768,"objectIdStr":"382182789361768","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"clear analysis，good job!","text":"clear analysis，good job!","html":"clear analysis，good job!","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0}],"isCommentEnd":false,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/382182789361768"}