TradeVulture.com

FB: MoMo Fading

Short
NASDAQ:META   Meta Platforms
2
It's possible we may go back and test all time highs, but momo appears to definitely be fading as we approach significant support lost. I expect over the coming months, price will retest the leg start are indicated by the weekly swing target. If the do manage to retest highs, I'd expect to see heavy distribution before rolling over.
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