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FACEBOOK - Momentum weakness
Clear momentum weakness on this upswing as demonstrated by this 4/6H divergence on the MACD. Sell sign on the RMI.
If it does get another leg on it and I get stopped, I'll reshort higher.
If it does get another leg on it and I get stopped, I'll reshort higher.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.