彼得兔
彼得兔|Jul 16, 2026 03:25
META up 27% in two weeks—new king crowned or just a flash in the pan? Back in May, I shared my expectations for META's trend (Figure 1), predicting another rise after the pullback ended. The subsequent pullback was slightly deeper than expected, but the overall trend aligned with the forecast. Next, keep an eye on the key levels: 690.82 and 737.2. The rise from 520.26 (blue segment in Figure 2) is currently viewed as a rebound against the drop from 796.25 to 520.26 (green segment in Figure 2). If it doesn’t break 690.82 this month, the rebound could end at any time. Breaking 690.82 would indicate that the move from 520.26 is at least a strong rebound. In this scenario, watch the key resistance at 737.2. If the daily candle body closes above this level, the rebound from 520.26 could evolve into a new uptrend, meaning META might hit new highs—something we already mentioned back in May.
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