Meta Platforms slump has attracted quite a lot of interest. Is it a buy, when to buy, why to buy, do I have to buy at all? :) "Why to buy?" - you have to do your homework! I can tell you when to start building your positions if you have decided to invest in Meta.
Technically speaking, $170 - $220 is quite a strong area. A lot of criteria match inside the mentioned zone and to me, it looks like quite a decent area to start building your position. Use partial entries because the drop is quite massive (historical - Facebook's owner Meta Platforms saw its stock market value slump by more than 230bn on Thursday, in a record daily loss for a US firm) and the overall market sentiment is pretty much interesting :)
Some criteria: 1. Trendline 2. Strong horizontal area 3. Fibo 4. Round number $200 5. 50% drop from ATH 6. Monthly EMA100
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