childreth43

FB looking to break downtrend

NASDAQ:META   Meta Platforms
Definitely some positive sentiment about the stock, but it can't seem to break out of its downtrend.

The 61.8% fib line showed some resistance yesterday and sent the stock lower.

We will be looking for a close above 119.55 before going long.

More charts @ www.techcharting.com

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.