META has recently broken below a well-defined ascending channel, signaling a significant shift in price dynamics. The breakdown indicates a weakening of the previously established bullish trend and the potential emergence of a bearish phase.
In addition, the completion of a head and shoulders pattern occurs when the price breaks below the neckline. In this case, the neckline has been breached, confirming the pattern's validity and providing additional credibility to the bearish outlook.
In addition, the completion of a head and shoulders pattern occurs when the price breaks below the neckline. In this case, the neckline has been breached, confirming the pattern's validity and providing additional credibility to the bearish outlook.