Meta Platform Inc April X Right Prices:
As Expected on my previous chart now lets tidy up the numbers while Retest is happening!
We first calculate the X - Right Price for March and week 1, April 2024 as Retest will finish before week 3 arrive and the reason we do this is simply April support was confirmed over the March.
Lets breakdown!
The retest must hold within the key level of $504.84 , $501.92, possibly will need to go to $494.39, $489.67 as April made March a support but left without making a correct retest.
We now calculate prices for whole March only, which will be as follow:
New support = $535.56 Follow by $538.50
$541.37
$546.07 Follow by $547.96
Execution Price = $550.24 , $553.63, $552.20, $554.86
Distribution price = $562.95
As Expected on my previous chart now lets tidy up the numbers while Retest is happening!
We first calculate the X - Right Price for March and week 1, April 2024 as Retest will finish before week 3 arrive and the reason we do this is simply April support was confirmed over the March.
Lets breakdown!
The retest must hold within the key level of $504.84 , $501.92, possibly will need to go to $494.39, $489.67 as April made March a support but left without making a correct retest.
We now calculate prices for whole March only, which will be as follow:
New support = $535.56 Follow by $538.50
$541.37
$546.07 Follow by $547.96
Execution Price = $550.24 , $553.63, $552.20, $554.86
Distribution price = $562.95