empty
26.04.2023 03:23 PM
Sell signal by META stock price

This image is no longer relevant

Black lines- Bearish divergence signs

Blue lines- bullish channel Violet lines- Fibonacci retracement levels

META (FB) stock price has broken out of the bullish channel it was in for the last few months since October of 2022. Combined with the fact that the RSI has been providing bearish divergence signals, there are increased chances that the entire upward move is complete and a correction period is starting. Technically a correction from current levels is justified. There are increased chances that a pull back at least towards the 23.6% Fibonacci retracement level will come soon. The $190 level is very possible to be seen, however there is increased probability to see even lower levels. This is not a good time buying META stocks. We are confident we will find better prices lower.

选择时间框架
5
分钟
15
分钟
30
分钟
1
小时
4
小时
1
1
通过InstaForex赚取加密货币汇率变动的收益。
下载MetaTrader 4并开启您的第一笔交易。
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST

推荐文章

现在无法通话?
提出您的问题,用 在线帮助.
Widget callback
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.

We are sorry for any inconvenience caused by this message.