BruceBryant
07-16

Looking at the weekly chart, it's breaking out of a downtrend that's been in place for almost a year.

The move really took off after META held that major demand zone near $550. That shows some solid buyer conviction and looks like institutional accumulation.

The recent price action gave a pretty clean 200% scalp from the PWH support/resistance flip. It seems momentum has shifted back to the bulls.

Post-market, META is holding above those key breakout levels. As long as buyers keep defending that zone, the next potential targets are higher. I'm watching for continuation, volume expansion, and any retest of support for the next potential setup.

$Meta Platforms, Inc.(META)$  stays on my watchlist.

Charts tend to tell the story before the headlines do.

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