Meta Platforms, Inc. ($META) Provides Another Opportunity from Blue Box area.
@Elliottwave_Forecast:
Meta Platforms, Inc. ($META) Provides Another Opportunity from Blue Box area.November 20, 2022ByEWFTahaGood day Traders and Investors. In today’s article, we will look at the past performance of 1 Hour Elliottwave chart of Meta Platforms, Inc. ($META). The decline from 10.26.2022 high unfolded as 5 swings making a lower low within the 4H cycle from August 2022 peak which created a bearish sequence in the 1H timeframe. Therefore, we knew that the structure in $META is incomplete to the downside & should see more weakness in 3 or 7 swings against 10.26.2022 peak. So, we advised members to sell the bounces in 3, 7, or 11 swings at the blue box area. We will explain the structure & forecast below:$META 1H Elliottwave Chart 11.15.2022:$META 1H Elliottwave Chart 11.15.2022:Here