$Meta Platforms, Inc.(META)$
Daily chart over 5 years shows two Death Crosses (yellow circles), where the 50-day moving average (yellow line) crosses below the 200-day moving average (red line):
First Death Cross: Late 2021–Early 2022
- 50-DMA fell below 200-DMA, signaling a bearish trend.
- Result: Prolonged downtrend, with META bottoming at ~$88 in late 2022.
- Volume: Rising red bars confirmed selling pressure. Second Death Cross: Q1–Q2 2025
- 50-DMA is crossing below 200-DMA again, signaling potential reversal or correction.
- Price: Hit an ATH of ~$720, dropped to ~$490, now at ~$590.
- Trend: Bearish unless 50-DMA reclaims 200-DMA. Past suggests downside risk if macro or earnings weaken.
Outlook
- Previous Death Cross caused a ~75% drop. A similar decline is unlikely, but short-term topping is possible unless buyers hold 200-DMA and push above $600.
- Support: $530 (200-DMA & prior pivot).
- Resistance: $620–$650 (50-DMA & prior breakdown zone).
TL;DR
META’s recent Death Cross mirrors 2021’s, which triggered a major selloff.
Watch for weakness below 200-DMA (~$570).
A move above 50-DMA (~$600) could signal recovery.
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