META: Bullish Divergence
META has sold off nearly 70% from its ALL TIME HIGH of $380. I'm looking at Bullish Divergence in the weekly RSI. If a base is starting to form around the $116-$126 range, we could see a higher low establish around this range. Likely a good price zone to Dollar Cost Average into a position. If a base establishes, this could be a range where you get some shares at VALUE LEVELS before momentum returns into the markets.
Warning: Stop-loss mandatory.
Warning: Stop-loss mandatory.
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