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rakeshreddym

Meta is at resistance and supply zone

Short
Meta Platforms (NASDAQ:META)  
rakeshreddym Updated   
NASDAQ:META   Meta Platforms
Trend Analysis Support and Resistance Supply and Demand
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trendanalysis supportandresistance supplyanddemand
META
Meta is at resistance and supply zone previously twice it fell from this area, look for shorting options zooming into lower time frame for entries this chart is weekly chart.

For long options it needs to sustain above 220 for couple days then we can apply buy on dip scenario until it happens stay on short side only
Comment:
This is hourly chart and trend is down, price is at falling trendline now nice place to look shorting entries here stop loss any swing high above depends on ones risk apetite.
Comment:
Comment:
Trend line area 214 was the price i mentioned earlier above now 210
Comment:
Comment:
Meta break out of weekly resistance need to sustain here for day or two then any dip can bought out.

snapshot
Comment:
Above 240 now after break out of resistance

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250 now

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260 now

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Comment:
270
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Comment:
280 now as per idea predicted above 220 sustains

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Comment:
Above 300 now
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