Stocks are driven by earnings. Had the earnings been good META could have rallied out of that fallen wedge. Perhaps META will rethink its free policy on WhatsApp. One billion monthly users sending 100 billion messages a day. USD 10 per year assuming a third pay would be a neat 3 billion USD / year.
Divergence on 5/34/5 MACD with 'breaking the back of the bull" pattern. Slow Stochastics at extremes and turning down.
TAN Divergence on both MACG and Slow Stochastics. Bear market rally unless confirmed. TAN strength backed by Group strength.