Meta Platforms, Inc.
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No Supports.....

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Please comment and let me know what you think. The discussions are enjoyable, even if we do not agree.

META could get ugly, very quickly, similar to MSFT.
There are no supports on the daily chart.

I'm not currently short META, but I should be.
If you believe the Mag7/AI trade has peaked, expect serious downside here.

What does META make money on?
-Advertising

What is one of the 1st things you'd cancel if your company's revenue streams are under threat?
-Advertising

*Not financial advice.
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Even the weekly shows signs of major bear control.
The 100 weekly sma was tagged both times recently, the rallies from the 100 were not sustained, the 10 is under the 20 (bear control) + it is curving downward even further (accelerating bear control).

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Сделка активна
Bought more PUTS this morning.
Nothing has changed.
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META was found guilty in both jury trials it faced today.
The LA trial will set precedence for thousands of pending cases against them.

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