How Far Can META Drop?

26 Eki 2023

Target range is 260-270 by 11/15/2023

- can go as low as 253
- expecting some accumulation in the 260-270 range before a bounce to 280 by end of November
- I'll send an update from there

Orange trajectory is the expected path to point target of 260

30 Eki 2023

Not

Still bearish as long as 306-311 holds as resistance. Likely will trade in 301-304 range going into FOMC on 11/1 and then drop.

- META will be trading at 280 on 11/6/2023
- 260-270 still attainable as goal target by 11/15
- Most bearish case 230s by end of October

** If we see sustained break above 306-311 then I'll get bullish to 334-339.

3 Kas 2023

Not

adding puts today, Nov 24 290s.. not financial advice