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Benzinga
Benzinga
Business
Melanie Schaffer

MYSTERIOUS: Facebook parent meta platforms reacts to this bullish pattern how to play the trend - What They Never Told You

Meta Platforms Inc (NASDAQ:FB) has created double bottom and triple bottom patterns on the daily chart.

A double bottom pattern is a reversal indicator that shows a stock has dropped to a key support level, rebounded, back-tested the level as support and is likely to rebound again. It is possible the stock may retest the level as support again creating a triple bottom or even quadruple bottom pattern.

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