FDNYret

Bearish Harami Cross on weekly $FB chart and IRS examination

Short
NASDAQ:META   Meta Platforms
1
FB should retreat to a lower weekly low next week with this Bearish Harami on a weekly chart. FB also mentions an examination by the IRS in their last 10K, which is questioning tax credits from a tax loss carryforward that is not allowed because of a change in ownership with FB's IPO. Sell $FB, this could turn FB's Profits into losses. The tax credits that FB used are in the Billions of Dollars.
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