Eseandre Mordi
⬤ Meta Platforms is getting attention in a bullish projection that maps out a potential climb over the coming months. META ranks as one of the two strongest Magnificent Seven stocks right now, though the entire scenario hinges on keeping prices above a critical support zone.
⬤ The projection lays out a price range between $937 and $1,422, with the sweet spot around $1,220. That target would deliver nearly 80% gains from current levels if it plays out. The technical setup shows a wave-based structure suggesting more upside after a correction phase, which lines up with broader discussions around META trend shift patterns and META recovery zones.
The key threshold sits at $600—that's the line in the sand for this entire projection, the analyst noted, emphasizing how crucial this support level is for the bullish case.
⬤ Short-term action revolves around that $600 mark, identified as the main support area. As long as Meta holds above this level, the projected path stays intact. Drop below it, and the whole scenario falls apart. The chart shows consolidation near recent prices before an anticipated move higher, echoing META accumulation behavior seen in previous cycles.
⬤ The outlook also pairs Meta with Amazon as top Magnificent Seven picks in the analyst's view. The scenario centers on how price levels and structural patterns drive expectations for META in the months ahead, though there's no guarantee the projection will unfold as drawn.
Eseandre Mordi
