Meta Zigzag Pullback Nears Key $522-545 Support Range
Elliott Wave analysis shows Meta's short-term rally from March 27, 2026 low as impulsive wave ((1)), with the current pullback as wave ((2)) approaching the $522-545 support zone. Upside is favored while price holds above this pivot.
META
According to Elliott Wave analysis, Meta's rally from the March 27, 2026 low exhibits impulsive momentum, suggesting the advance completed as wave ((1)). The stock is now retracing in wave ((2)), correcting the prior move.
The pullback pattern is a zigzag, approaching a key support range of $522-545. As long as price remains above this pivot, the broader trend is considered bullish with potential for further upside.
Source: FXStreet Forex News