Power Plays New Idea: META
August 19, 2024

By Scott Redler

Name: Meta Platforms

Ticker: META

Price: $525.41

Needs to Hold: $480 to $510

Price Objective 1: N/A

Price Objective 2: N/A

I'm adding Meta (META) as a Power Play here.

We'll consider this as a half sized position for now because of the danger of a market pullback over the next day or two. There may very well be an opportunity to add lower.

But I see a strong chance of META hitting new all-time highs soon.

-Scott

Scott Redler Positions Disclosure as of 2024-08-19 at 12.22.39 PM