justinsandell

FB Bullish Swing

Long
NASDAQ:META   Meta Platforms
Facebook is showing signs of a potential push upwards, judging by momentum oscillators. It had a positive earnings and shown a widening profit margin. I believe there could be a small move downwards on friday, but by the end of monday should be on it's way back up. Remember that trades like these are dependant on the overall market being neutral at best, but if it is overly bearish and breaking through support levels, then a trade like this likely is not worth taking.

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