OmenFinance

FACEBOOK negative momentum

Short
NASDAQ:META   Meta Platforms
Hi guys ! I post my new trading idea for Facebook. I have the conviction that the Facebook stock will go down with a target 150,61$ because of the negative news about the breach of the 50m users from fundamentals. Also this move is verified from the indicators I use , the RSI will continue going down to 30 and the ADX will go straight to 20 with -DI which moves to the price level of 40 ! . So my idea is to go short and catch a 5% return on investment. But the best part of this trade is the gap filling until it goes again to 210$. So the best move is to go short until 148-150 $ and then buy until 210$ to get the maximum return if it goes well. Have fun !

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.