After a downtrend that generated the PS (Preliminary Support) and the SC (Selling Climax), META could be in an accumulation phase with positive slope. This phase clearly defined the AR (Automatic Rally) rejecting the 527$ level following the positive earnings results.
Recently, we saw a secondary test, probably originated as early effects of the Japan's yen carry trade, and days after the stock crossed the "minor creek" that we detected by observing the volume peaks + order book data. With all these facts in mind, it's very probably that META will suffer soon a pull-back, if so, first target for short-selling operation could be the minor creek.
Disclaimer: Content of this idea is for information and education purposes only and should not be treated as investment or trading advice.
Recently, we saw a secondary test, probably originated as early effects of the Japan's yen carry trade, and days after the stock crossed the "minor creek" that we detected by observing the volume peaks + order book data. With all these facts in mind, it's very probably that META will suffer soon a pull-back, if so, first target for short-selling operation could be the minor creek.
Disclaimer: Content of this idea is for information and education purposes only and should not be treated as investment or trading advice.
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면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.