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Facebook Inc., Daily Chart Analysis 10/14

NASDAQ:META   Meta Platforms
Technical Analysis and Outlook
Small bullish rebound off minor-significant Key Support $152 freshly created and confirmed on Oct 10. This might signal mild higher prices to Mean Resistance $157.80 (Stage 2). In the event the equity extends the ascend by closing above Mean Resistance, this would suggest a short-term bullishness has been positioned with next Mean Resistance $162.30, and Key Resistance $168.70 respectively.

The bears can keep an eye on the very fragile Key Support $152 (Stage 2) as well as awaiting seasoned Stock Dip $135.
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