TradingShot Chart Maps Meta’s $1,000 Target After Possible $500-$550 Drop
Photo: TokenPost
A TradingShot chart sketches a $500-$550 retracement for Meta Platforms (META) ahead of a longer-range $1,000 mark, placing its conditional path well below Friday’s close. TradingShot’s chart says Meta’s latest pullback has already reached its 100-week moving average. It identifies $500-$550 as a possible zone around the 50-month average and a Fibonacci level. The $1,000 mark aligns with the 1.618 Fibonacci extension, but the chart gives no date for reaching it. The chart also draws a rising channel dating to Meta’s initial public offering and labels a rejection after September’s high as a double top.
Source: TokenPost
