Technical analysis by longsonvn about Symbol METAX: Buy recommendation (9/5/2024)

With the current market condition, breakouts mostly failed during the last 1-2 months. We try to find stocks that are holding well during market correction, some kind of pulling back to its meaningful support. On September 5, 2024, META pulled back to its MA-50 after the market's strong down move. We opened a pilot position here, expecting the stock will consolidate around this level and will move up to a new high when the overall market condition will improve.