technical analysis chart

Technical Breaks, Ideas and Insights – META PLATFORMS Positive Break

Meta has fallen a massive 76% from September 2021 to the most recent low of $88.30.
Since then, Meta has recovered and has recently broken upwards out of its downwards trend by breaking through the downwards sloping resistance line at $130.00.
Meta looks set to test the resistance level at $156.00 and if breached to the upside it could potentially test the resistance level at $177.00, in our view. This report provides a technical analysis of META PLATFORMS, Inc.