META has the potential for an EPIC fail
The squeeze to the upside was phenomenal!
But in my view, they over-pumped it - who ever it was...
The white Center-Line provided good support when price failed at the GAP/Resistance Zone. this zone is built just with the range of the GAP-Bar.
After the CL support, meta reached the another temporary high at the orange CL, bounce back to the white CL again and once more got pumped up to the orange CL/GAP/Resistance zone, where it hangs out now.
Of course; If I had the money to move markets, I would want my Stock to be as high as possible to a) unload and b)short it for a Double-Whammy.
The huge divergence with price and RSI speaks for it self.
I know that I know NOTHING.
But I know what I can "Project" into the future.
It's good to be prepared, also for a move in the opposite direction, which is Up Up and away.
That means, if I short, my risk is small. No need to be a Hero and win a T-Shirt for putting myself at risk to loose my House, Cats & Dogs.
I am fully aware, that price is currently ABOVE the white CL and no lower low is broken yet. That's what makes a short so difficult.
Peace4TheWorld!
But in my view, they over-pumped it - who ever it was...
The white Center-Line provided good support when price failed at the GAP/Resistance Zone. this zone is built just with the range of the GAP-Bar.
After the CL support, meta reached the another temporary high at the orange CL, bounce back to the white CL again and once more got pumped up to the orange CL/GAP/Resistance zone, where it hangs out now.
Of course; If I had the money to move markets, I would want my Stock to be as high as possible to a) unload and b)short it for a Double-Whammy.
The huge divergence with price and RSI speaks for it self.
I know that I know NOTHING.
But I know what I can "Project" into the future.
It's good to be prepared, also for a move in the opposite direction, which is Up Up and away.
That means, if I short, my risk is small. No need to be a Hero and win a T-Shirt for putting myself at risk to loose my House, Cats & Dogs.
I am fully aware, that price is currently ABOVE the white CL and no lower low is broken yet. That's what makes a short so difficult.
Peace4TheWorld!
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