After dropping to lows from 2015, most likely we will see a bounce.
-RSI is very oversold both on daily and weekly timeframe.
-We have a gap which most likely will get filled. After filling the gap, we expect the price to come back down.
-The price dropped 75 % from its ATH. Many investors bought meta stock to ride the bounce.
-RSI is very oversold both on daily and weekly timeframe.
-We have a gap which most likely will get filled. After filling the gap, we expect the price to come back down.
-The price dropped 75 % from its ATH. Many investors bought meta stock to ride the bounce.
Comment:
As expected the price has risen. The price hasn´t filled the gap yet, but it´s approaching short-term resistance so we recommend closing the trade in profit if you want to hold it long term. Good luck
Comment:
* If you don´t want to hold it long term.
Sorry for typo in a previous update
Sorry for typo in a previous update
Comment:
The gap filled. Expecting the downtrend to resume now.
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