Meta Platforms Inc. (META) popped up this morning with good news in the tech sector. It's difficult to pinpoint a specific catalyst, but the move pushed the shares past our original target of $498.50.
We had already recommended that you set a limit order to close META at $498.50 if that price became available. The shares are trading above that level this morning, so if you had that order in place, you have already closed the trade and kept your profits.
Although the market is bullish this morning, we are still expecting back-and-forth trading over the next few days, so we still recommend closing the trade if you haven't already with a limit order at the best price available in the market.
So, here's what to do...
If you haven't already done so, set a limit order to sell Meta Platforms Inc. (META) at the best price available in the market.
At the time this alert was written, META was trading between $498.00 and $499.00.
Trade Notes
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John Jagerson & Wade Hansen Analysts, Predictive Alpha Prime
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