vlad.adrian

Facebook is breaking

Short
NASDAQ:META   Meta Platforms
I believe that Facebook finally broke. Even if there will be another rally, I believe it will be small and FB will go down in the longer run.
Clear divergence on the MACD lines and histogram, combined with false breakouts. The impulse is already red.

Weekly chart here
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.