Shuttle Loop
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Shuttle Loop is Meta Knight's Up B move. Meta Knight shoots upwards with his sword held high. Then you can glide back to the stage.
After the initial "loop" you can directly control Meta Knight's flight path and even attack straight out of the glide. You can glide up as long as you just had the downward momentum to propel you. Using this roller coaster pattern you can glide across the stage indefinitely.