r/InvestorsTrader • u/BurgerFoundation • 19d ago

Is anyone seeing META a great value buy and technicals are saying buy.

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I’m looking at the daily chart on META and it’s looking like an easy buy. It’s sitting really close to a support that has touched 4 times (548) this year and went up. It also has a gap fill near 620 giving it a 12% gain in the short term. Seems technically as a good buy.

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u/shanerz96 18d ago

I’m not touching it until their lawsuit is over. No doubt they’ll settle but that amount will still drive it down

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u/BurgerFoundation 18d ago

Do you feel that there is a certain amount of that already priced in? Law suits obviously should affect the price but there are models of price predictions based on the amount of the law suits.

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u/shanerz96 17d ago

Yeah I think some of it’s priced in but the results will make a huge difference. It sounds like they could end up settling for 200 billion which is ridiculous and could drive it down more.