Analysis and Price Projections for 2025 (3-to-5-Month Outlook)
Below is my analysis for each chart with a focus on Elliott Wave patterns, Fibonacci levels, and potential buy-the-dip opportunities.
Meta Platforms Inc. (META) Current Price: $585.51 Key Levels:
Resistance: $716.05 (0.618 Fibonacci extension). Support: $526.45 (50% retracement), $500.00 (61.8% retracement). Outlook: META is likely in a corrective phase after completing Wave 5. A pullback to $526.45 or $500.00 could provide attractive entry points.
Projection: META may recover to test the $650-$700 range by late Q2 2025. The degree of that Impulse Wave will determine if we end the within 2024 range or we breakout more towards $750 or $800 in 2025.