Meta Platforms META - Expect lots of price action

NASDAQ:META   Meta Platforms
Based on after-market price action META has already dropped from about $493 into the gap at about $420.  There is room to fall further to the 200 day EMA that coincides with the previous all-time high.  We would definitely expect some reaction at that point.  There should be a lot of price action at this point since the gap is so large.  This is a wait and see situation.
Trade closed: target reached

Portfolio Builders Club

Continue your Financial Education:

LEAPS Options Books : bit.ly/4bx5Z8w

Compound Interest: bit.ly/48eMkYb

Rule of 72 : bit.ly/3HW4QtB

Futures Trading: bit.ly/42HoDqm

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.