META on the weekly chart is at the ATH which is as a consequence at the third upper VWAP line.
The RSI indicator shows the faster line crossing under the slower line. The relative trend
index has topped out. Both represent bearish divergence. META makes its money with
advertising dollars for revenue. There are increasing challengers to split revenues that could
go down if a recession happens. Other headwinds are the federal regulatory blaming META
for issues such as foreign interference in our elections, or child molestors floating on
the platform without adequate protections for minor or collusion in a monopoly with other
high flying targets. I find this to be a good juncture to take a short trade in META on a swing
looking for it to last until the next earnings period.
The RSI indicator shows the faster line crossing under the slower line. The relative trend
index has topped out. Both represent bearish divergence. META makes its money with
advertising dollars for revenue. There are increasing challengers to split revenues that could
go down if a recession happens. Other headwinds are the federal regulatory blaming META
for issues such as foreign interference in our elections, or child molestors floating on
the platform without adequate protections for minor or collusion in a monopoly with other
high flying targets. I find this to be a good juncture to take a short trade in META on a swing
looking for it to last until the next earnings period.
交易進行
Sideways without momentum. Holding and watching.
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免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。