Even though Meta is holding up in the LLM race with Llama, Meta has had a massive failure (over $70B+) on the failed Metaverse project in which is their new namesake along with now the Australian social media ban for people 16 and younger, and people realizing the intensity of the data Meta collects on people. The stronghold Meta has on social media is coming to a pause, and at the same time questions are arising on whether or not they can differentiate themselves enough having a hard time tackling growth beyond Facebook's user stagnation point and advertising. That said, short volume is increasing, and the recent bull run could be due for a correction. The MACD trading indicators show two recent pushes over short volume, and at the same time, this seems to be the top of the bullish trendline. A retracement back to $450 making this a big short is possible. As always, none of this is investment or financial advice. Please do your own due diligence and research.
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Also ->
Reach out: linkedin.com/in/gamer456148
For Consulting: aiquant.co
HedgePocket Beta: hedgepocket.com
Sovereign Trades Beta Signup: sovereign-trades.com
Also ->
Reach out: linkedin.com/in/gamer456148
For Consulting: aiquant.co
HedgePocket Beta: hedgepocket.com
Sovereign Trades Beta Signup: sovereign-trades.com
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Follow me on Tradingview :)
Also ->
Reach out: linkedin.com/in/gamer456148
For Consulting: aiquant.co
HedgePocket Beta: hedgepocket.com
Sovereign Trades Beta Signup: sovereign-trades.com
Also ->
Reach out: linkedin.com/in/gamer456148
For Consulting: aiquant.co
HedgePocket Beta: hedgepocket.com
Sovereign Trades Beta Signup: sovereign-trades.com
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
