FDNYret

Short Facebook, head and shoulders pattern on monthly chart

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NASDAQ:META   Meta Platforms
Head and shoulders pattern on monthly chart. Look at Chaikin Money Flow dropping on monthly chart. Fb will make new yearly lows in June. A weekly Doji candlestick also. Last 2 weekly Doji candlestick at a top of a move on April 20 and January 5 caused drops of $7.48 and $5.71 from the high of the Doji week to the low the next week. I expect that Fb will see a low of $75.10 this week and close at $78. Good Luck.
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