META: Reversal Signs on Bollinger Band Breach
$Meta Platforms, Inc.(META)$ - Daily chart:
Sooner or later, these ladies bring back price to their range.
When the Bollinger bands are breached there is a reversal (first sign 👉), or a consolidation to the 20DMA (second sign 👉).
Since the latest occurrence, Meta reversed crossing the 20DMA.
Worth noting: Bearish MACD.
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https://x.com/SmartReversals/status/1812471155124482412
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