Technical analysis by Wave-Trader about Symbol METAX: Buy recommendation (3/25/2025)

Technical Analysis Breakdown Key Technical Indicators Support Level Bounce: The stock has found strong support around the $574-$600 zone Yellow ascending trend line providing long-term support Multiple bounce points confirming this critical support area Bullish Reversal Pattern: Forming a potential inverse head and shoulders pattern Neckline resistance around $740-$750 Projected target after breakout could reach around $820-$840 Momentum Indicators: Price moving above key moving averages Consolidation phase completed after significant correction Increasing bullish momentum evident in recent candle formations Fundamental Catalysts Supporting Bullish Thesis 1. AI Investment and Infrastructure Massive investments in AI infrastructure Development of advanced AI models and technologies Metaverse and AI integration creating new revenue streams Potential for significant long-term growth in AI-driven products 2. Cost Optimization Strategies Continued focus on operational efficiency Significant workforce optimization in 2023-2024 Improved cost structure supporting margin expansion Enhanced profitability through strategic restructuring 3. Digital Advertising Recovery Advertising market showing signs of stabilization Meta's core advertising platform remains dominant Improved targeting capabilities with AI integration Expected recovery in digital ad spending 4. Monetization of New Platforms Instagram Reels gaining significant traction WhatsApp Business expanding monetization options Potential new revenue streams from AI-powered services Diversification beyond traditional social media advertising Price Target and Investment Outlook Near-term target: $740-$820 Long-term potential: $900-$1000 range Strong technical and fundamental support for bullish scenario Risk Factors to Monitor: Regulatory challenges Global economic conditions Competitive landscape in AI and social media