META – Weekly Chart

📈 META – Weekly Chart Overview
A technical rebound may be starting to form.

Several signals from The Wave system are aligning:

✅ Price in the buy zone
META has retraced into a historically strong demand area, perfectly overlapping with the Wave buy signal zone.
This region has acted as a springboard multiple times in the past.

✅ Undervaluation on higher timeframes
The stock is currently trading near its dynamic trendline support, combined with oversold readings on momentum indicators.
This suggests the correction might be approaching exhaustion.

✅ Momentum turning
The stochastic is bottoming out exactly where previous weekly reversals occurred.
RSI also shows early signs of stabilisation.

🎯 Potential scenario
If buyers step in from this level, META could aim for the upper resistance area marked on the chart, offering an attractive risk-to-reward of 3.3 — a favourable setup for medium-term swing traders.

🛑 Invalidation
A clean break below the SL area would shift the structure and invalidate the bullish setup.

This is a textbook example of waiting for high-probability zones rather than chasing the price, discipline always pays.