META - Buy the dip during bullish trends and strong structure
$Meta Platforms, Inc.(META)$ Monthly
We pulled back perfectly to the top band of the monthly market bias at $500 and bounced clean. This is exactly where institutions usually step in to buy the dip during bullish trends and strong structure.
But the BX Trender is still red, even as we print a higher low. That means buying pressure hasn’t confirmed yet.
There’s a chance we just break out to all-time highs from here. But I’m staying patient.
Here’s my plan:
If the BX Trender flips green this month, that would give us confirmation for a potential multi-month or even multi-year expansion — just like the move from January 2023 to January 2025 when $META ran 300 percent.
But I think there’s a real chance we get one more rejection. If we pull back to $500 or even $450, I’ll look to turn on my bots and time the dip with institutions.
Until then, I’m not chasing. The juice isn’t worth the squeeze just yet.
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