2022-08-16

Meta Bear

If the market tops here, it looks like Meta is in deep trouble. It hasn't even reached its first fib level on the bounce. ARKK hasn't reached that fib level either, but it rallied 50 percent off the low.
Posted by at 3:30 PM
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3 comments:

  1. AnonymousAugust 16, 2022 at 3:53 PM

    EWS seems to usually track closely with SPY but it (EWS) is down quite a bit today. I guess maybe they are nervous about China?

    ReplyDelete
    Replies
    1. LZAugust 16, 2022 at 4:00 PM

      U.S. listed SE is 11% of the fund and down 13% today.

      Delete
  2. AnonymousAugust 16, 2022 at 4:36 PM

    Thanks. Dave

    ReplyDelete

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