$META - daily chart analysis

🎯$700 👀

Next bull flag breakout candidate is META and I will target the 100SMA

RSI is rising and MACD has a bullish cross over as it just popped above the zero line as well

100SMA is fitting out which tells me it’s gonna get tapped as faster paced moving averages have come back under price to support the move up

Not financial advice!

Santa Rally Starts? Can BoJ Rate Hike Land As Expected?

Market rebounds with Micron's earnings. Ahead of the BoJ decision, a rate hike is widely seen as almost a done deal. Markets broadly expect a 25 bps increase, which would lift the policy rate to its highest level in 30 years. Recently, markets have been buzzing about a potential major twist in Japan’s rate hike narrative. One line of thinking is that if Japan proceeds with a “normal” rate hike, it could mark a clear case of the “shoe dropping” — potentially setting the stage for a reversal in US equities. -------- Will market reversal stage? Can santa rally start?

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