Meta Platforms

Scalping & Mid-Term Analysis for Meta

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Market Overview:
Trend: Meta is in a strong uptrend, consistently forming higher highs and higher lows.
Key Levels:
Resistance: ~$740 - $750
Support: ~$725 - $734 (weak), ~$675 - $680 (stronger)
Indicators:
MACD: Slight bearish divergence forming, showing potential weakness.
EMA: Price is above both 9 EMA & 200 EMA, confirming a bullish structure.
RSI: Overbought zone, with multiple bearish divergence signals—potential correction ahead.
🔥 Scalping Strategy:
🩸 1. Range Scalping (Short-Term Play)
Why? Price is testing resistance but remains within a strong bullish channel.
How?
Buy near $725 - $734, targeting $740 - $745.
Sell near $740 - $750, as resistance is forming.
Stop-loss below $720, as a deeper pullback could follow.
🩸 2. Breakout Scalping (If Volatility Kicks In)
Trigger: A breakout above $750 or breakdown below $725.
Execution:
If META breaks $750, scalp long targeting $765 - $770.
If META drops below $725, scalp short to $710 - $700.
🩸 3. EMA Scalping
Why? META is trending above 9 EMA, meaning buying dips is still effective.
Execution:
Buy pullbacks to 9 EMA (~$730 - $735).
Short only if META breaks below the 9 EMA & confirms rejection (~$725 - $720).
🔥 Mid-Term Trend Forecast (1-3 Weeks)
Bias: Bullish → Neutral
Why?
Strong trend continuation, but RSI is showing overbought signals.
Bearish divergence on RSI & MACD indicates a potential slowdown or correction.
If META holds $725+, a push to $765 - $770 is likely.
Failure to hold $725 could lead to a drop toward $700 - $675 before continuation.
🔥 News & Market Context:
No bearish news, but META is heavily extended after a long rally.
Big tech sentiment remains strong, but a pullback is possible before further upside.
Earnings-driven momentum might slow down, leading to sideways action.
🔥 Decision: Enter or Stay Out?
🩸 Short-term: Scalping long on dips remains valid, but watch for signs of exhaustion.
🩸 Mid-term: Bullish unless META loses $725+ support.
🩸 Ideal Play: Buy dips, scalp resistance, and monitor volume strength.

👑 Final Verdict:
META remains strong, but a correction could come before further highs. If it holds $725+, expect $765+ next. 🔥

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