Meta Platforms (META) has been on a steady decline since its August All Time High (ATH) that is lately accelerating. The reason the breaking below its 1W MA50 (blue trend-line) last week for the first time since April 2025. That was the time that the market formed the bottom of the Tariff War Crisis.
The key characteristic here (and most worrisome) is the Huge Bearish Divergence of the 1W RSI (Lower Highs) against the price's Higher Highs since February 2024. This indicates a loss of strength for the bullish trend and potential reversal.
The same kind of RSI Bearish Divergence was seen in 2017 - 2018, leading to the eventual July 2018 market Top and strong multi-month correction to the 0.236 Fibonacci retracement level that found Support exactly on the 1W MA250 (red trend-line).
Just like then, the stock price has reached now the top of its historic Channel Up, the pattern that has been trading within since its IPO and only broke once marginally at the bottom of the 2022 Inflation Crisis.
As a result, given the strong similarities between the two fractals, META may be entering a Bear Cycle (since the 1W MA50 break) that could last for about a year. Our 0.236 Fibonacci Target is $480.
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The key characteristic here (and most worrisome) is the Huge Bearish Divergence of the 1W RSI (Lower Highs) against the price's Higher Highs since February 2024. This indicates a loss of strength for the bullish trend and potential reversal.
The same kind of RSI Bearish Divergence was seen in 2017 - 2018, leading to the eventual July 2018 market Top and strong multi-month correction to the 0.236 Fibonacci retracement level that found Support exactly on the 1W MA250 (red trend-line).
Just like then, the stock price has reached now the top of its historic Channel Up, the pattern that has been trading within since its IPO and only broke once marginally at the bottom of the 2022 Inflation Crisis.
As a result, given the strong similarities between the two fractals, META may be entering a Bear Cycle (since the 1W MA50 break) that could last for about a year. Our 0.236 Fibonacci Target is $480.
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** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. **
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👑Best Signals (Forex/Crypto+70% accuracy) & Account Management (+20% profit/month on 10k accounts)
💰Free Channel t.me/tradingshotglobal
🤵Contact info@tradingshot.com t.me/tradingshot
🔥New service: next X100 crypto GEMS!
💰Free Channel t.me/tradingshotglobal
🤵Contact info@tradingshot.com t.me/tradingshot
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免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。
