Meta PlatformsUpdated Facebook diamond top formation
FB showing on weekly candles- a possible diamond top formation. Price can breakout above or below but it's most often to the downsideNote
daily candles- stoch/rsi Note
4hr candles show a very likely drop to form a little bull divergence below. Potentially drop, rally through September and then big drop. I am bearish biased but at least I still think there will be a september rally :P Note
Note
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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.