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GregFolin
Jun 30, 2021 5:32 AM

$FB Goes from Risky Regulatory Bet to Market Risk Barometer 

Meta Platforms, Inc.NASDAQ

Description

FB has seen a classic wedge breakout over recent days on the idea that it will escape the Wrath of Khan at the refanged FTC. But if this breakout reverses, it should be taken as a major bear sign given its leadership role and clean bill on the regulatory side.
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