Hello Traders, welcome to today's analysis of Meta Platforms.
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Explanation of my chart analysis:
During 2022 Meta Platforms declined massively and dropped more than -70% all the way down to the previous support at the psychological $100 level. From there we saw a pump of more than 250% after which we could now see a short term pullback followed by new...
Is it overvalued?
Is a crash about to happen?
ARKF sold 43,188 shares of FB yesterday, equivalent of 14.55Mil usd.
And it`s not the first time!
FB has a strong support in the $285 area!
Looking forward to read your opinion about it.
every day of this Ascending Price Movement, Zuckerburg sell off his stake on Facebook with a huge amount of sell orders.
for more information, you can check the yahoo finance and other belikes Fundamental Information Platform that shows the insider tradings.
