META Wait For The Crack

Jun 21, 2023

The rising wedge is about to crack either by time or price. The drop if by price could be substantial. Bulls do not want to see this crack!

Jun 26, 2023

Note

Its about to start cracking

Jul 14, 2023

Note

Still no Trigger for a Short

Jul 24, 2023

Note

CRACK!!!

Jul 24, 2023

Note

Jul 31, 2023

Note

META is a great example of why crossing of the line is not a big deal by itself. However, it does indicate weakness and the actual CRACK is not far away.

From this type of structure, the crack usually leads to a violent move lower.

Aug 10, 2023

Note

As you can see since the first CRACK! META has had great difficulties outperforming the bottom trendline. This is usually associated with weakness and a sharp move lower as mentioned before. CAUTION!

Aug 18, 2023

Note

AAAAAAAAAAAND! there it goes!



MAGIC!

Sep 16, 2023

Note

3rd crack is a charm?