META was identified at around 625.27 having recently rebounded of the support on the 1 hour data interval. Ultimately, the price action of the stock has formed a Triangle pattern. This squeeze may increases the chances of a strong breakout. The projected movement will potentially take the price to around the 628.9842 level.
Related Posts
NVDA seems to be on its way to resistance – a possible opportunity?
NVDA is moving towards a resistance line. Because we have seen it retrace from this level in the…
A possible move by BIDU towards 85.2221
This trade setup on BIDU is formed by a period of consolidation; a period in which the price…
Supports and resistances are primary concepts of technical analysis. TSLA is heading for an important price of 312.3400 – read about what this could mean for the future.
The price of TSLA in heading back to the resistance area. It is possible that it will struggle…