SamSuka
The Long Investor
The Long Investor

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$META

Is right on the 50 Day MA now on the daily chart, we can see that this level has already been lost on the $SPY.

I am wondering if $META can sustain this price after a very unstable climb up from $87 to $300+. 

The 200 Day MA is all the way down at $206, which shows just how aggressive this has climbed over the last 10 months.

I have maintained my view on this chart and I am still expecting this to pull back substantially. 

$META

Comments

200 Day MA

Gareth Neary

Why it needs to decline 20% what is at this level?

makis

Sitting on support ~$289 ... could see it come back to $208. The rise was quick .. watching. Nice chart.

Labo

Long meta

makis


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