$META: interesting long setup

Very nice setup forming here in $META, if it takes out last week's highs I think it can gain traction and likely do very well during Q1 2023 next. It's been basing and holding up with relative strength vs the broad market, which is a good sign, and also might benefit from a potential TikTok ban, as mostly $META and $SNAP control social networks used by Gen Z for the most part. Just a wild card, but interesting nevertheless.

Best of luck,

Ivan Labrie.

Trade ativo:

Triggered.

Trade fechado manualmente:

Weekly signal triggered now but I am skeptical of it working given overall market action. You could just exit to be safe.

Comentário:

Weekly confirmed on close here. Very interesting if it works, could be a long lasting bottom in $META.

Trade fechado: objetivo atingido:

I suspect this was it for the market rally...Spider sense tingling big time.

Comentário:

Sadly I was wrong and it went another target range higher...

Comentário:

Not bad, huh?