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timj
Sep 17, 2017 11:37 PM

Core value channel with buy and sell zones 

Meta Platforms, Inc.NASDAQ

Description

Looking at the weekly FB chart I see an interesting Channel up with a narrow value area that price seems to bounce around. Since it's an upchannel I would only recommend taking long trades when price enters the buy zone, although more aggressive traders might opt to also take short positions when it is in the sell zone.
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