- A buyers must take note that META is at a very high risk place to be purchased ! Not only has a strong down-trend taken place, but there is plenty of room to the downside. (-20% negative draw-down from here if price hits the green support trendline)
Despite today's bounce at a key-level and breaking the first trendline resistance on red, it is currently trading just below 297.85$ key level mark after bouncing at 276.8$. Even Breaking 297.85$ KL, resistance marked on red rectangle @293$ welcomes the price to be slapped by it from Sellers.
TRADE SAFE *** Note that this is not Financial Advice ! Please do your own research and consult your own Financial Advisor before partaking on any Trading Activity based Solely on this Idea.
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