zfadeview

Earning's Near. Breakout & Reversal in the Making?

NASDAQ:META   Meta Platforms
Not much of a trading idea at this moment, but there's never been a lack of drama when it comes to the FB stock.
The recent rally can pretty much be an over stretch fueled by Libra, and there's just too much to be considered Achilles' heel for Facebook- privacy concerns, legal status of the Libra currency, growth outlook, etc.

Will likely speculate a correction down to $185, if it gets to around $215 before earnings.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.