$Meta Platforms (FB.US)$ Meta is looking interesting. We reb...

$Meta Platforms (FB.US)$ Meta is looking interesting. We rebounded strongly off the 298 support. This could be a potential double bottom signal. We have to see it break back above 323 which is the long term upward channel. It was still rejected at the trendline which was 320 yesterday but closed above the immediate resistance of 5ema.

If it does close above 323, this might signal the double bottom and meta will push up from here. However if we continue going down tonight, then it just means that it got rejected at my support turned resistance trendline and it is still not a buy signal.

We will have to wait for confirmation before entering.

As always, trade safe & invest wise!

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