Meta’s Stock Is On A Record Winning Streak—Watch These Price Levels
Key Takeaways
- Meta shares extended their record winning streak yesterday to 16 consecutive trading sessions, the longest run of wire-to-wire green days of any Magnificent Seven stock.
- The string of consecutive gains sees the price testing the upper trendline of an ascending channel, potentially setting the stage for a breakout attempt.
- The measuring principle projects a chart-based price target of $842.
- Investors should watch key support levels on Meta’s chart around $632, $600, and $530.
Meta (META) shares extended their record winning streak Monday to 16 consecutive trading sessions, the longest run of wire-to-wire green days of any Magnificent Seven stock.
The social media giant’s stock has been unstoppable since Jan. 17,…
