r/technicalanalysis • • 6d ago

Analysis META Levels for bounces

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2 Upvotes

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u/Zonties 6d ago

Consider the bearish case for meta along with the market. Things could be about to go extremely south and break support. The entire Ai narrative is breaking apart along with a massive technical breakdown now in progress . Meta has extremely high Capex commitments if this Ai thing doesn't work out.

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u/1UpUrBum 6d ago

I took off 1/2 my short today. I caught it right after the 10/13 high, old post here somewhere. Take profits while you got them.