Meta Platforms Inc. (META) Elliott Wave technical analysis [Video]
META Elliott Wave technical analysis
Function: Trend.
Mode: Impulse.
Structure: Motive.
Position: Minor 5.
Direction: Upside in wave 5 of (5).
Details: Looking for continuation higher towards equality of 5 vs. 1 at 600$.
Meta Platforms Inc., (META) four-hour chart
Function: Trend.
Mode: Impulse.
Structure: Motive.
Position: Wave {iii} of 5.
Direction: Acceleration higher into wave {iii}.
Details: Looking for further upside into wave {iii}, with an invalidation level at 480$, we are now sitting at previous higher around 520 and we need to take off from Miner Group 2 at 530$ to then start aiming for upside target at 600$.
