TradingSig

Facebook Inc., Daily Chart Analysis 10/14

NASDAQ:META   Meta Platforms
Technical Analysis and Outlook
Small bullish rebound off minor-significant Key Support $152 freshly created and confirmed on Oct 10. This might signal mild higher prices to Mean Resistance $157.80 (Stage 2). In the event the equity extends the ascend by closing above Mean Resistance, this would suggest a short-term bullishness has been positioned with next Mean Resistance $162.30, and Key Resistance $168.70 respectively.

The bears can keep an eye on the very fragile Key Support $152 (Stage 2) as well as awaiting seasoned Stock Dip $135.
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.