Technical analysis by NaranjCapital about Symbol METAX: Buy recommendation (9/22/2024)

The stock price has been on a wild ride this year, marked by significant volatility. A clear Cup & Handle formation has emerged on the chart, suggested a potential continuation of the existing trend. Following a successful breakout, the stock has maintained its position above the breakout level, demonstrating strength. The price action suggests that the stock could potentially rally by 18-20% in the short term.