avka81

Island top???

Short
NASDAQ:META   Meta Platforms
FB retraced 50% and stuck just under 200 MA since it had a Bullish Divergence on a daily chart. Since gapped up from the earnings, it's spending a lot of time around 200 MA and building energy. Sooner or later its gotta make the move. I personally think FB is going to gap down and fill the gap. Almost all the Indices developing bearish divergence on a daily chart (previous smaller time frame bearish divergences only ended up with a small sell off)
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