Sell signal · Week 6 · Meta Platforms
Meta Platforms week 6: decline accelerates, but a daily double bottom raises a question
Sell signal · Week 6 · Meta Platforms
In Summary
Meta Platforms is in week 6 of a sell signal: the week closed with a 4.7% drop, sellers at 72%, CMF in distribution, and momentum in freefall. On the daily chart, however, a double bottom has formed in the 549 area with a 12% intermediate rebound — a signal that deserves attention. Opening a new short is at elevated risk per our model.
IQS Phase
78
in tension
Signal Strength
21
indecisive week
Sizing
MINIMUM
Ranking
#16 / 131
US stocks
Trade P&L %
+10.42%
from signal to today
restricted Platinum content