Disclaimer: This is not financial advice. Trade at your own risk.
META gapped down overnight creating a large volume imbalance in price. Without delving into fundamentals, META looks like it will soon be at demand. Seeking price at a discount comes with the risk of buying before bottoming out.
It also seems like a lot of traders are fearful right now aboutMETA .
Looks like a lot of potential for accumulation over the next weeks/months by larger players looking for discounted price. This could mean a lot of chop and potential to fill the gap (reaching even lower) as well as returning to the highs of the volume imbalance.
META gapped down overnight creating a large volume imbalance in price. Without delving into fundamentals, META looks like it will soon be at demand. Seeking price at a discount comes with the risk of buying before bottoming out.It also seems like a lot of traders are fearful right now about
META .Looks like a lot of potential for accumulation over the next weeks/months by larger players looking for discounted price. This could mean a lot of chop and potential to fill the gap (reaching even lower) as well as returning to the highs of the volume imbalance.
註釋
As we can see the recovery seems to have begun as a rally base rally. It's not clear if $414.00 will get tested again before going higher.註釋
Price continues to fill the gap and now we expect large institutional orders to create a choppy range possibly tagging lower before resuming the bullish trend.註釋
Seems that we will be reaching old highs as soon as possible. META is gapping up towards those highs.交易結束：目標達成
Expect it to continue higher but this idea is now complete
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