FB Completing a Bearish Bat at $69.50-$70.50 Short

Meta Platforms, Inc.NASDAQ

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⋅ Jul 20, 2014 11:38 PM

We have two trendlines intersecting with the D leg of a bearish bat. Also, we have a divergence in the making on the daily/4 hour. I would say $57-$63 would both be good short-medium term targets.

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Comments

adriel.arrasmith

⋅ Jul 22, 2014 10:51 PM

We just formed a hanging man on the daily. Also, after looking some more $63 is going to be a great spot to target and go long