RS3175

META Ready to Get Hammered

Short
NASDAQ:META   Meta Platforms
Monthly chart on META

META has been on a bull run for a year. Take a look at the Heikin Ashi green candles in the uptrend. Not one red candle.

META is now showing first signs of weakness. In last two months, candles formed lower highs.

A huge AB=CD pattern is nearly complete.

META to make one run up to 360 before going down to 280 and then to 200 levels.
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