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META formed a Rising Wedge on the 1 hour chart. Retest of resistance in sight.

META was identified at around 577.465 having recently rebounded of the support on the 1 hour data interval. Ultimately, the price action of the stock has formed a Rising Wedge pattern. This squeeze may increases the chances of a strong breakout. The projected movement will potentially take the price to around the 585.6304 level.

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