$META Bullish Long Term, No Rush to Buy

PeterDiCarlo
10-22 19:18

🔔 $Meta Platforms, Inc.(META)$ Earnings After the Bell

I’m extremely bullish on $META, but I’m staying on the sidelines ahead of earnings.

We already took profits when price broke through previous resistance, and the short-term risk/reward simply doesn’t justify a new entry here.

The bigger picture looks increasingly constructive. With previous resistance and internal structure cleared, the monthly BX has turned green, pointing to a potential multi-month to multi-year bull cycle and expansion.

🎯 If we get a pullback, I’ll be watching the $580–$600 zone for a potential re-entry.

Bullish on the bigger trend, patient on the entry. Let’s see what earnings bring. 🐯📈


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