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Cryptonite_trader
Apr 18, 2018 7:09 AM

Parabolic much Short

Meta Platforms, Inc.NASDAQ

Description

Looking Facebook's parabolic move in the last few years.

Bearish divergence in volume, with indicators showing a nice bounce.

It was overbought for a while. A pulback after some really bad news with has since bounced but im calling a top on FB. It will eventually reach the kill zone where i believe there will be a very big and healthy pull back with a ABC retracement.

Don't forget to hit the like button or follow me on Trading View for more chart analysis :)


Comments
Ronnie_Dong
I like your chart,and I have followed you. I hope you can Follow Me at the same time.




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