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META hits all downside targets and signals buying opportunity, Danny Naz notes

META hits all downside targets and signals buying opportunity, Danny Naz notes
META hits downside targets, new focus ahead

Danny Naz reports that META has reached every downside target he had set.

He suggests it may be time to close out short positions and look for the next potential short opportunity, adding that buying can resume.

Danny Naz previously highlighted price action in Alab, ASTS, and MRVL, noting key triggers and upside targets for traders in an earlier session. He has also observed heavy activity in MSFT August 17 505 call options, identifying the potential for shares to move higher if above 501 in a recent note (full story). Naz continues to monitor technical setups across multiple names.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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