META PLATFORMS INC... NASDAQ GANN ANALYSIS DAILY 21 AUGUST 2024
Meta stock Gann analysis on daily chart. From the high of 542.81 stock on 08 July 2024 retraced to Gann level of 441.29 actual low is 442.65 on 25 July 25 a 17 day and 13 bar correction.That's a 100 points drop on the stock.We are back up in 15 bars and 17 day time nearly recovering to the previous highs at 539.77. Gann Level of 452.51 was important to buy. From where we completed one cycle at 519.36. Short at 519.36 brought us back to same level of 452.51. Then on we went to hit the level of 533.89. What a trading opportunity. Level to watch is 533.89. Breakout can be seen above 553.31 and below at 497.98. Use the levels prudently and make some decent profits.
Happy Trading !!!
N.B. Not a financial advice to buy or sell. With usual disclaimers as applicable within the reach of this beautiful trading analysis platform. Thanks to the developers of the program for this opportunity to use it freely to express our ideas to the community of traders.
Happy Trading !!!
N.B. Not a financial advice to buy or sell. With usual disclaimers as applicable within the reach of this beautiful trading analysis platform. Thanks to the developers of the program for this opportunity to use it freely to express our ideas to the community of traders.
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