Since November 2022, the META stock has surged by over 280%, experiencing minimal pullbacks. Recently, however, the price exhibited weakness.
Considering the liquidity perspective and taking into account divergences in the Price-Volume trend, it is anticipated that the stock price will initially target the range between $286 and $287 USD.
There is also a possibility of a Liquidity Sweep occurring around $275 USD.
Therefore, we advise against opening long positions in META until the price reaches the mentioned levels. Subsequently, we anticipate a resumption of the long-term trend.
Considering the liquidity perspective and taking into account divergences in the Price-Volume trend, it is anticipated that the stock price will initially target the range between $286 and $287 USD.
There is also a possibility of a Liquidity Sweep occurring around $275 USD.
Therefore, we advise against opening long positions in META until the price reaches the mentioned levels. Subsequently, we anticipate a resumption of the long-term trend.