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Ravi2409
Nov 12, 2021 11:20 PM

FB to return to all time highs Long

Meta Platforms, Inc.NASDAQ

Description

Inverse Head and shoulders breakout, typically a strong bottoming pattern as seen with the overall market a couple weeks ago which too remains strong.
FB has broken out through the neckline with a Fast MA Crossover indicating the correction may be over, a good risk reward presents itself here 1:4 if it were to break and close back below the neckline the trade would be wrong.
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