๐Ÿ“‰ META : Is the Drop Done or More to Come?


Welcome back to Apple Tree 360! In this edition of our MAG7 Magnificent Seven Stock Series, weโ€™re diving into Meta (META) to break down what the charts are telling us โ€” both daily and weekly. Whether you’re a short-term trader or a long-term investor, understanding the key price zones is crucial right now.


๐Ÿ“Š META Stock: Where We Stand

Meta has seen a massive correction โ€” from $740 to $480, marking nearly a 35%+ pullback from the highs. So, is the worst over, or is this just the beginning of a bigger downtrend?

Letโ€™s find out.


๐Ÿ•ต๏ธ Daily Chart Breakdown: All Eyes on $480 and $482

Weโ€™re currently hovering around a critical support zone โ€” $480โ€“$482. If these levels break, momentum could shift sharply to the downside.

Key Observations:

  • Consolidation continues near major support.
  • No real trend breakout just yet โ€” Meta is in a wait-and-see zone.
  • Bearish momentum hasnโ€™t fully taken over, but the chart shows a lack of bullish conviction.

โš ๏ธ Short-term traders should be cautious.


๐Ÿ“† Weekly Chart Outlook: Long-Term Setup Taking Shape?

On the weekly chart, things look a little more promising โ€” if youโ€™re a long-term investor. Meta is sitting near a support zone of $460โ€“$480, a historically reactive level from earlier in 2024.

If META closes above $590, it could spark bullish momentum, setting the stage for potential upside in the coming weeks.

Until that happens, there is no clear trend โ€” and the stock may continue chopping sideways or even drift lower.


๐ŸŽฏ Key Levels to Watch

  • $480โ€“$482: Major support โ€” if it breaks, expect potential momentum shift downward.
  • $590: Break above this = possible bullish reversal and swing opportunity

โœ… Action Items

  • ๐ŸŸก Wait for a break above $590 to consider bullish trades.
  • ๐Ÿ”ด Watch $480โ€“$482 closely โ€” if these levels fail, momentum could shift quickly.
  • ๐Ÿ“บ Stay tuned to Apple Tree 360 on YouTube for live chart updates and analysis.

๐Ÿ’ก Final Thoughts

Meta’s stock is in a no-manโ€™s land โ€” neither clearly bullish nor decisively bearish(can see quick bullish pullback/reversal). For now, wait-and-watch mode is best, especially for swing traders going long. For long-term investors, this 35% correction might just be setting up the next big buying opportunityโ€ฆ but only if the charts confirm strength.

๐Ÿ“‰ Patience is the real alpha in times like this.


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