$META continues to move in sync with the other Mega Caps as the market drifits higher but still managing to stay below this firm resistance trend line, which has been in place since 2016.
In spite of this, it can continue drifting higher but below this line, like we are seeing on the $GOOG chart too.
I believe $META will pull back with the rest of the Mega Caps and the market when Wave 5 completes.
$META would not be Mega Cap of choice right now to add, $AMZN and possibly $TSLA have better setups in my opinion.
Gareth Neary
2024-06-30 01:43:41 +0000 UTCZachary Alpirn
2024-06-30 01:28:32 +0000 UTC