As Meta Platforms Continues To Weaken, A Bearish Trade May Be In Order
Detailed summary
Meta Platforms stock crossed below the 200-day moving average this week and has been showing other signs of weakness lately. The post As Meta Platforms Continues To Weaken, A…
Meta Platforms (META) crossed below the 200-day moving average this week and has been showing other signs of weakness lately. If it continues to struggle, a bear call spread might work well with Meta stock. The following bear call spread assumes Meta will fail to get above 680 in the next few weeks. A bear call spread involves selling an out-of-the-money…
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