Get started
gnarkillgreg

Would LOVE to day trade a break below 264 on $FB

Short
Meta Platforms (NASDAQ:META)  
gnarkillgreg  
NASDAQ:META   Meta Platforms
Chart Patterns Trend Analysis Technical Indicators
2
0
chartpattern trendanalysis indicator
Would LOVE $FB to break below 264. A break below that level and I think it could sell off very quick causing some short term panic and hit a lot of stops. It recently broke an upper trend line, then retested it got above and fell below again. The emas are now flat and trending down. Signs are pointing to a good breakdown. Going to stay patient and wait for the break of 264 (if it happens) in my mind it is the most significant level at the moment to see a good quick sell off to capitalize on for a day trade.
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.