Metaplatform Annual Forecast (2022)

Azeez Mustafa

January 15, 2022 13:38 |

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Meta platform stock (NASDAQ: FB) Is an unstable market. Recent price behavior has shown trendless, but it can quickly become unbalanced and prolong directional movements.

ADX period 14 is below level 20. This means that the current market momentum is low. DM-is below DM +. In other words, bears are stronger than bulls.

The MACD default parameter histogram is below the zero line, but the signal line is also below the zero line. Especially in the short term, there are almost all bearish confirmation patterns in the market.

This means that prices are more likely to go down this year than are likely to go up. Therefore, if FB occurs strongly, it may ultimately be in the seller’s favor.

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Metaplatform Annual Forecast (2022)

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