Meta - Short to $265 minimum

31 thg 7, 2023

Pretty confident this is a great opportunity to short Meta. Daily RSI is looking exhausted, just reached a heavy resistance area coupled with higher sell volume than buy volume the past few days.

I expect a move down to $265, there i would reevaluate the chart. However you see the path i am bias on above. However, it could go to $265 and further push toward all-time highs but would need to see that reaction in real time.

My main play here is down to $265 and reevaluate if we get there.

5 thg 8, 2023

Ghi chú

I would like to see the market structure break on the daily here. However, i still think this is going according to plan.

10 thg 8, 2023

Ghi chú

No change, looking for this 2 hour trend to break. Still believe we see sub 300 here soon.

21 thg 8, 2023

Ghi chú

$275 was taken out. A short term bounce from that level has been reasonable. I still expect this to play downward. A bounce to $300 would not shock me before that.

25 thg 9, 2023

Ghi chú

No change

3 thg 10, 2023

Ghi chú

I still like this for lower, looks exhausted imo.

11 thg 10, 2023

Ghi chú

Interested in how this week closes. At resistance, aint gonna overreact here. Play the chart.

Markets could be sniffing the return of QE and a fed pivot with whats going on in the middle east. Need to be quick to cut short biases if so.