There are still a lot of uncertainties with META. Right now its sitting at about 222 @ share. If you look at the MACD, you will see that the MA is above the signal line and it has passed the 0 line which says it has uptrend momentum. I think because of the ridiculous bull run we have seen in the market the last couple of weeks that META will get some pull back to the 212/215 level and hit some sort of support. before taking off to the 245-250 mark.
META for the long term investors I think will be profitable. my analysis expects that META will hit 360 1 year out.
Options guys wait for the end of the pull back till 212/215 which should happen in the next couple of days and then GET THOSE CALLS!!
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