$Meta Platforms (FB.US)$ Meta is recovering after a serious ...
$Meta Platforms (FB.US)$ Meta is recovering after a serious dip down to 336 to retest to 20EMA. Rebounded off and now coming back up to green. We will see if it closes above 340.30 which is our 5EMA. If we do, then we still have the bullish trend. As I said, I dont expect this to drop below 339.
I also mentioned that QQQ was on a bullish breakout and it is now at the top of the ascending triangle. It may or may not break out today or tomorrow due to OpEx. But once it does, Meta will follow closely behind. So guys, do not be shaken by early hours sell off. Trust the technicals and let the price do the talking. Look at end of the day closing and not the start of the day.
As always, stay calm, trade safe & invest wise!
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kaydoubleyou : Hello there, will you be initiating a report on SE? Looking forward to it!
Investing 101 OP kaydoubleyou : Soory what you mean by SE?
kaydoubleyou : $Sea(SE.US)$
Investing 101 OP : Oh sea Ltd. Did one for my friend just yesterday. Will post it later.
kaydoubleyou Investing 101 OP : Thank you