Does META have further upside ?
META is slightly above the 8EMA ($294.11) on Daily and weekly basis but below the 10WMA ($298.36) .If Price clears and stays above $299 the stock will head to max resistance target of $309-$316.
Likely Targets above $316 are $317,$321,$343,$352 and $382
On Monthly basis the stock is moving parabolic for last 8 months and suggests limited upside until price closes above $316.
On the downside if the price closes below $290 , Likely Target is $272.
Overall indecisive until price clears $299 or $290.
Note September is volatile month so caution is warranted with sizing and stop loss.
Aviso legal
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