$META-bolic move to the downside!
🔸️Ticker Symbol: 
META🔸️Timeframe: 4 Hour 🔸️4X Bear Pattern 🔸️Investment Strategy: Short
TECHNICAL ANALYSIS: We have seen a 4 week rally in the markets and due for a pullback... looking atMETA, price is currently overextended into our regression channel, and money momentum in our red band indicating a pullback. Play the trend, as the likelihood of a continuation is high. The next major level of support is $168, equating to a -$8 move on META. Take advantage of this massive move lower in the next week. Money momentum shifting lower, we have a key EMA crossover, and a major rejection on the upper linear regression channel.
🔔 Follow for daily stock, crypto and forex technical analysis .
⚠️ Trading is risky, and I understand nothing is guaranteed. Proper risk management should be in place at all times to minimize losses. Please consult a financial advisor before trading. All Inclusive Trading LLC is not a financial advisor and may not be held liable for any losses which may occur.
META🔸️Timeframe: 4 Hour 🔸️4X Bear Pattern 🔸️Investment Strategy: ShortTECHNICAL ANALYSIS: We have seen a 4 week rally in the markets and due for a pullback... looking at
META, price is currently overextended into our regression channel, and money momentum in our red band indicating a pullback. Play the trend, as the likelihood of a continuation is high. The next major level of support is $168, equating to a -$8 move on META. Take advantage of this massive move lower in the next week. Money momentum shifting lower, we have a key EMA crossover, and a major rejection on the upper linear regression channel.🔔 Follow for daily stock, crypto and forex technical analysis .
⚠️ Trading is risky, and I understand nothing is guaranteed. Proper risk management should be in place at all times to minimize losses. Please consult a financial advisor before trading. All Inclusive Trading LLC is not a financial advisor and may not be held liable for any losses which may occur.
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