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    META chart
    $META
    +18.7%

    Meta Platforms, Inc.

    Social Media
    Advertising
    Cup & Handle
    Value Play

    Why We Alerted

    Reels monetization improving faster than expected. Advertising revenue acceleration and cost discipline creating strong operating leverage.

    News & Catalyst

    Meta's Reality Labs losses narrowing while core advertising business showing renewed strength. WhatsApp business platform gaining traction.

    Our Analysis

    <p>The narrative around Meta shifted dramatically once investors realized the efficiency gains were real and sustainable. We identified the cup-and-handle pattern forming over several weeks - a reliable bullish continuation pattern that played out perfectly. Meta's AI investments in content recommendation are paying dividends, driving engagement and subsequently advertising revenue.</p>

    Trade Details

    Alert Date
    9/25/2024
    Entry Price
    $520.00
    Exit Price
    $617.24
    Profit/Share
    +$97.24
    Profit Date
    11/15/2024
    Time to Profit
    51 days

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