META is killing me with this prolonged bearish trend on no news. I suspect this is because MMs are worried that Zuck has spent too much on CAPEX. Thoughts?
META is one of those who love doing the darth maul candle on earnings, i would be careful. i think its going down then up, down to complete wave IV, then up to start wave v and keeping structure elliot and wycoff wise. best bet would be deep ITM puts same week, and calls at the money line with two weeks on them. we do till wednesday/thursday...but just my opinion.
META bullish wedge, currently in descending channel initiated on 6/30 targeting 705 by earnings, then breakout? - although market sentiment is pushing higher - thoughts?