Trading idea number S-014 | Meta stock could raise to $336 area.
The setup is positive. The RSI is above the neutrality area at 50. The MACD is above its signal line and positive. In addition, the stock is trading above its 20-day and 50-day moving averages. On the pivot point at 298.14 we find very in-bearing support near the psychological area over which we expect a bounce.
📈 Long Entry at 307.56
💰 Take Profit at 336
💸 Stop Loss at 291
The setup is positive. The RSI is above the neutrality area at 50. The MACD is above its signal line and positive. In addition, the stock is trading above its 20-day and 50-day moving averages. On the pivot point at 298.14 we find very in-bearing support near the psychological area over which we expect a bounce.
📈 Long Entry at 307.56
💰 Take Profit at 336
💸 Stop Loss at 291
Trade closed: stop reached:
-5.38%