Long Opportunity In Meta

Although the stock is in downtrend on higher time frame but it is at the lower range of channel pattern it has been following since February and taking a good support at this area (156).

A swing trade can be taken from here (160) with a small stop loss of 154 and target of 190.

Please Note : This will be a pull back trade we are not expecting any trend reversal from here so keep your stop loss tight at 154. and follow your risk management.