Meta Platforms Inc (META)

[CAPTIVA97]

http://schrts.co/BBDbCx

CHANGE your RSI to 6 not 14....it will give you a clearer indication when it will reverse 30 is oversold and 70 is overbought. As long as it stays below the 30 in brown and doesn't reverse to 50 mark.....it will continue to tank.....once it ticks up a reversal is happening.

also put the MA to 2:5 not 50/200 who wants to wait 200 days.....you want to know what's happening now. as long as the 2 is below the 5, it's continuing a downward trend.

next the other indicators that tell you what's happening:

Slow stoch:

it has an oversold (20) and overbought 80, it's like a bouncing ball...it remains below 20 the stock will continue to tank....once it reverses, it will go up.

Use a 6 month or 5 month chart and check off inspect.....you'll see everything that will happen with the stock as an open book....no guessing......

I've been charting for decades and this is one tool that I really on, besides news, chats and posts. I tweeked all parameters and indicators to allow me to trade better.

Hopefully the chart comes thru. GLTA