Get started
TenaciousH

FB market confused, 200 Day might support it to $210

Long
Meta Platforms (NASDAQ:META)  
TenaciousH  
NASDAQ:META   Meta Platforms
Support and Resistance Trend Lines Moving Averages Facebook (FB) socialmedia communications Double Bottom
4
0
supportandresistance trendline movingaverage fb socialmedia communications doublebottom
Inconsistent Earnings streak plus high newsdriven volatility and unclear trading range means investors are looking for a more defined trend. I expect the 200-day to provide further support and challenge $210 by EoY. Crowded space, but where else can an advertiser go other than FB plus the rest?
Disclaimer

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.