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zainulakramin
Mar 5, 2020 6:54 PM

Short FB Decending triangle pattern.Target next support $173.67 Short

Meta Platforms, Inc.NASDAQ

Description

Based on previous decending triangle, tomorrow target gap down and will continue to go down until next support $173.67

Trade closed manually

Gap down, and go down until $176, and rebound back to $181.09
Comments
PhilippeDelpCFA
Agreed ans erased 1 year of upside so time to buy slowly from there if reached 174 , it is a online business so no real supply chain disruption and demand issue but I acknowledge the challenges for ads revenue if economy goes down and companies cut costs
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