🎯 “Meta Gained 11% in a Week—Opportunity for My Next Swing”

Meta ($META) just bounced over its 50- and 200-day SMAs, breaking out from a cup‑with‑handle formation—gaining around 11% in seven days, then pulling back slightly to lock in profits at ~$690–700 .

Here’s how I approach similar setups:

1. ✅ Identify clean chart structure (like cup‑with‑handle or flag).

2. ✅ Confirm MA support: price above 50/200‑DMA with a golden‑cross bias .

3. ✅ Wait for volume‑backed breakout above resistance.

4. 🔒 Risk 1–2% per trade; set stop just below SMA or recent swing low.

5. 🧠 Take partial profits (e.g., 50%) after a full ATR move, then trail the rest .

This structured approach—chart pattern, SMA, volume, defined risk—turns good setups into disciplined swings.

#SwingTradingStrategy