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JL_WealthandLoyalty
Jun 5, 2018 9:48 PM

**FACEBOOK INC** Possible 45% Loss if HigherHighs not made?! Short

Meta Platforms, Inc.NASDAQ

Description

Possible tweezer top forming off the $195 region of FACEBOOK INC'S ongoing bull trend projecting a target in the $106 region (45% Loss) whilst the price has also formed a rising wedge as it climbs through the trending channels plus another tweezer top on lower time frames (H4/H1) possibly tipping the wedge. With the onslaught of negative news and publicity on behalf of facebook lately it doesnt look technically or fundamentally appealing right now..
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