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avka81

False Break Out? Or Real!?

Meta Platforms (NASDAQ:META)  
avka81 Updated   
NASDAQ:META   Meta Platforms
Trend Analysis Chart Patterns Technical Indicators
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trendanalysis chartpattern indicator
FB has been in a downtrend. Finally broke out but there is no Volume. Seems to be inverse H&S(this one is not the most bullish H&S) Let see if there is a follow through. Over bought on daily. Testing resistance now (50MA)
Comment:
Got rejected from 50 EMA. Now its retesting the down trend that it broke out of. I think its gonna sell off.
EMA
snapshot
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