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Antonio_trader

Facebook update inverse head and shoulders

Meta Platforms (NASDAQ:META)  
Antonio_trader Updated   
NASDAQ:META   Meta Platforms
Head and Shoulders Wave Analysis Elliott Wave Facebook (FB) facebook Stocks shares
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headandshoulders waveanalysis elliottwaves fb facebook stocks shares
A pattern emerged at the 200SMA daily chart (see in the comments). A signal is a break of the neckline with high volume. MPO is just below the $190 level.
Elliott wave analysis suggests that once we finish the pattern, we turn back to continue the wave (3) down.

Good Luck!
Comment:
Comment:
Above is the daily chart with Elliott wave analysis
Comment:
MPO target hit!
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