META triggered a buy signal last Friday and rose 6% this week; rising fear/greed indicates bullish momentum.
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Now, Meta is not in the tech sector, by the way. It is actually in the communication sector, but that doesn't change anything. The communication sector is also trending down hard on the number of stocks with uh fear showing up.
In fact, it's it's going down really hard. And then the number of buy signals has been falling off a cliff down here. That's not good at all. So that's this sector. It's not even the tech sector. It's a different sector.
But Meta, look at this. Meta has been on a bit of a run lately. That buy signal came through. Um what day was that? That was uh last Friday. Pushed up higher. And Meta was up uh where is Meta here?
Up 6% this week. Meta was up 6% this week. And uh we definitely saw that buy signal come through on Friday. So not a bad move. Not a bad move. That's what you want to see. The fear and greed rising.
People are getting more greedy. Want to be in this stock.
What this channel has said about $META
Christopher Uhl - OVTLYR has only this one call on this stock.