Meta Platforms (formerly known as FaceBook) has now tested the 50% corrective target near 201 and we should soon see Meta Platforms change direction towards the upside as wave [B] takes over. The decline in wave [A] has been in three waves and that opens up for either a flat correction or a triangle consolidation.
Ideally, wave [B] will rally to resistance near 306.50 but it may reach the peak at 383.79 or even above in an expanded flat correction only time will tell. What we already know is that wave [B] will be in three waves too.
