💡Meta (
META) will reverse soon:
🔎Analysis summary:
📝Levels to watch:
SwingTraderPhil
SwingTrading.Simplified. | Investing.Simplified. | #LONGTERMVISION
🔎Analysis summary:
Just a couple of months ago we witnessed a textbook all time high break and retest on Meta. This retest was followed by a major rejection higher and the second retest of the triangle resistance trendline. Therefore, Meta is very likely to create another rejection.
📝Levels to watch:
$750 and $500
SwingTraderPhil
SwingTrading.Simplified. | Investing.Simplified. | #LONGTERMVISION
Trade active
💡Meta (🔎Analysis summary:
Tomorrow we once again have earnings coming out on Meta. Quite likely that this will just be another catalyst for the underlying triangle rejection. Since Meta is also about to create bearish confirmation, earnings tomorrow will have a major impact.
📝Levels to watch:
$750 and $500
SwingTraderPhil
SwingTrading.Simplified. | Investing.Simplified. | #LONGTERMVISION
Trade closed: target reached
💡Meta (🔎Analysis summary:
Just a couple of days after publishing the original analysis, Meta already corrected about -20%. Now this does not mean, that Meta will crash immediately, but the trend is clearly shifting bearish. I am personally expecting another move lower of about -20%.
📝Levels to watch:
$500
SwingTraderPhil
SwingTrading.Simplified. | Investing.Simplified. | #LONGTERMVISION
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#1 Video Author on @TradingView 🏆
Swing Trader since the Year 2019 💻
Daily Analysis from Monday - Friday 💰
4K+ Traders in Our FREE Community👇
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Swing Trader since the Year 2019 💻
Daily Analysis from Monday - Friday 💰
4K+ Traders in Our FREE Community👇
discord.gg/jgdrYXwqyD
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.