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FB - FACEBOOK - Elliottwave analysis -

NASDAQ:META   Meta Platforms
FB - The last up move from swing low is double zigzag up move as wxy as the part of (X) wave, where c of y is in progress in 3rd wave. Wait for y of (X) to get completed before taking a shot for sell set up. Once the price is break down below 275 then it turns in to a bear cycle. Sell for (Y) wave down target below 240 or even lower with high of (X) wave as stops.

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