Get started
Meta Platforms
Short

Nice short

By ArturoL
Updated
The price was rejected from the resistance zone. It can try another push towards the downtrend line. I opened a small position (small position because big techs love to come back very strong), SL above 300, TP 250 approx. If it plays out it should fall very fast. Take 80% of the profit at 260, you never know with this high cap stocks.
Note
Added a bit to my short:

snapshot
Trade active
The $300 resistance level is too strong, price is rejected again:

snapshot
Trade closed: stop reached
Looks very strong to the upside. Actually is a long opportunity.
bigtechmetaversereversalshortsetupSupport and Resistance
ArturoL
Also on:

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.