Meta - Both scenarios are bullish!

Jun 3

💎Meta (META) remains bullish either way:

🔎Analysis summary:

A couple of weeks ago, Meta perfectly retested a major horizontal support area. And while the underlying trend of Meta is clearly higher, this was another textbook swingtrading setup. Even if Meta creates another drop, it will also eventually create new all time highs.

📝Levels to watch:

$520 and $800

🙏🏻Keep your #LONGTERMVISION – Phil

Jun 10

Trade active

💎Meta (META) is heading for the clear retest:

🔎Analysis summary:

As already mentioned about one week ago, Meta could absolutely head for another retest of major support. And while Meta is down another -10% in June so far, the higher timeframe is just nicely playing out. And Meta can still drop a final -10% back to support.

📝Levels to watch:

$520 and $800

🙏🏻Keep your #LONGTERMVISION – Phil

Jun 17

Trade closed: target reached

💎Meta (META) is almost retesting the support:

🔎Analysis summary:

Literally for almost two years, Meta has overall been consolidating. But by swingtrading the higher timeframe, you were able to catch two decent swingtrades of +50% and +30% in between. And with the current retest of major support, you will catch a third one.

📝Levels to watch:

$520

🙏🏻Keep your #LONGTERMVISION – Phil