Meta is in a short and medium term downtrend since Jan 2022 and look for support on the monthly SSSA/B lines at 176-154 targets respectively.
A break below and hold below 206.97 will undo the entire 2 years of gains from the All time high of 384.60 in Sep 2021.
SHORT TERM DOWNTREND since 180122
MEDIUM TERM DOWNTREND since 041221
LONG TERM PULLBACK SINCE 010222
PIVOT 230.72
Short positions below 230.72 for 176 and 154
Long positions above 230.72 for 284.73 and 352.90
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