META Short Targets
As in my previous posts I mentioned that 
SPY, 
QQQ and 
IWM typically perform the worst in September. Tech stocks specifically have an average decline of 2.5% in September (as per 10 year average seasonality data on QQQ). A 25% drop is well below my $291 price target on 
META, which has boasted a 110% YTD + return. I think it is due for a slight pull back in the month of September, especially as we enter a volatile period with FED decisions.
I have short targets onMETA at $291 area (as per my chart).
SPY, QQQ and IWM typically perform the worst in September. Tech stocks specifically have an average decline of 2.5% in September (as per 10 year average seasonality data on QQQ). A 25% drop is well below my $291 price target on META, which has boasted a 110% YTD + return. I think it is due for a slight pull back in the month of September, especially as we enter a volatile period with FED decisions.I have short targets on
META at $291 area (as per my chart).Note
Not a 25% drop, 2.5% drop ... Typo **Trade closed: target reached
It hit the 200 EMA (one of the profit target areas), so this trade is now deemed a 'success'.
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