ZanderGoh

FB Volume Spread Analysis

Short
ZanderGoh Updated   
NASDAQ:META   Meta Platforms
META

Buying climax bar with weakness in the rally. Shall monitor the roll over momentum and follow through of this price movement. Potential short setup on the way
Comment:
We might be looking at a temporary sell off, and a retest of the top. I'll be position to short the top if theres a sign of weakness upon 2nd retest
Comment:
I tend to always jump the gun, on shorting during a buying climax, not taking into account of upward mometum. Thus take note. In this case FB breaking new high. waiting for high pivot point to form
Comment:
FB, did come down, looking at it retesting the high and MM taking the price up for potential stop hunting.

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