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