META: Bullish Wedge Formation, Breakout Incoming!

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META: Bullish Wedge Formation, Breakout Incoming!Meta Platforms Inc Class ABATS:METAVincePrinceHello Community, welcome to my new analysis of META on the weekly timeframe perspective. In the recent times, I have spotted interesting setups within the stock market that have major potential to transform into great trading opportunities in the upcoming times. One of them is META; the stock is forming a great setup that recently caught my attention. When looking at my chart, we can see how META is developing this pivotal bullish wedge formation in which it sets up bullishly. The wave count within this formation has already been completed, and META is penetrating the upper boundary for a final bullish breakout. This is a great sign of the breakout to elevate the price action to higher prices in the upcoming times. Once the final breakout emerges, as seen in my chart, it will activate the upper target zones, and META is likely to continue bullishly in the upper direction. There is also the ascending support trendline and the 200-EMA as well as the 100-EMA, which are supporting this bullish trend. With increased momentum, META could even visit higher levels than the initial bullish target zones. In this manner, thank you a lot for watching! Support is highly appreciated. VP