META PLATFORMS
Meta Platforms (FB) triggered 7 February 2022 commentary’s bearish scenario and reached the $200 downside support on Thursday. Prices then staged a rebound and settled at $210.48. Going forward, a short selling opportunity may occur upon a daily close below the $200 level. This could possibly extend the downside towards the $184 support, a level last traded Mid-March 2020. On the other hand, Meta may have further rally if prices break above the $223 resistance. Next upside resistance seen at $248.
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.
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.