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rbrodriguez

Down Trendline

Long
Meta Platforms (NASDAQ:META)  
rbrodriguez  
NASDAQ:META   Meta Platforms
Trend Analysis Trend Lines
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trendanalysis trendline
When a line between the marked peaks it's drawn, a Down Trendline is formed, since each of the prices has a lower value than the previous one. This line could be considered as a support line that when the 5th times the price touch it, generates a rupture on the support line.
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