META is currently exhibiting a bullish trend, trading above both its 100-day SMA and a key weekly trendline. The stock is currently retracing, having recently tested the 0.5 Fib retracement level, a common area of support. The RSI is also synced with the price action, further supporting the bullish outlook. This pullback could present a favorable buying opportunity.
Trading Recommendations:
Buy 1 (CMP): 669
Buy 2: 642
Stop-Loss: Closing below 575
Take Profit 1: 738
Take Profit 2: Open
A stop-loss order placed below the last higher low, which is also positioned below the trendline, is recommended on a closing basis. A laddered buy approach is suggested to take advantage of potential further price dips. Happy trading!
Trading Recommendations:
Buy 1 (CMP): 669
Buy 2: 642
Stop-Loss: Closing below 575
Take Profit 1: 738
Take Profit 2: Open
A stop-loss order placed below the last higher low, which is also positioned below the trendline, is recommended on a closing basis. A laddered buy approach is suggested to take advantage of potential further price dips. Happy trading!
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.