What we are looking at here is META on the Daily TF.
I want to draw your attention to the downward sloping line (yellow), where price action has been attacking since the beginning of April.
The yellow line was acting as resistance until the 5th hit of that line, when a break out occurred (purple box).
Now that we have seen a breakout above that resistance...
Here we are looking at SNOW on the Daily TF.
I would like to draw your attention to the up sloping Yellow trend line.
If the price action closes below this trend line we can expect further downside action.
The next target for SNOW is to the Green support line.
Once the price hits the Green support line, you can look for a couple day bounce possibly back up...
