Meta Platforms
Short

It's time to take profits on META.

238
Meta Platforms (META) may experience a retracement after a 500% surge since November 2022.

- The price has been rejected at the blue trend line.
- The RSI is crossing below its moving average.
- The trend lines on the 3-Line indicator have crossed bearishly.

If the parallel channel breaks, a downturn is likely.

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.