Technical analysis by Solidified about Symbol METAX: Buy recommendation (10/14/2023)

META Update - Bullish Outlook - October 15, 2023 Opening Summary : Bullish breakout stalled at a key resistance level. Market Structure: Currently in Markup, signaling bullish trend continuation. Key Price Levels: Support: $300, $304.79, $309.32, $311.7 Resistance: $325.88, $328.79, $334.79, $340.56, $353.36 Chart Patterns: Day: 2-2-2d reversal Week: 3-2-2u continuation, bullish flag breakout, inverse hammer Month: 2-1-2u reversal, bullish flag pattern Quarter: 2-2-2u continuation Volume Analysis: Day: Bearish volume confirms the 2-2-2d reversal. Week: Bullish volume supports the 3-2-2u continuation. Month: Volume data not conclusive. Quarter: Bullish volume strengthens the quarterly 2-2-2u pattern. Overall Outlook: If bearish sentiment continues, a retracement to $300 PL is likely. Note : Back-testing shows an inverse hammer typically leads to a gap up or gap down.