April 25, 2024

By Nigam Arora & Dr. Natasha Arora

To gain an edge, this is what you need to know today.

The Power Of Market Mechanics

Please click here for a chart of Meta stock (META).

Note the following:

• The Morning Capsule is about the big picture, not an individual stock.  The chart of META stock is being used to illustrate the point.
• The chart shows a gap down in META on earnings.
• The chart shows an island reversal.  An island reversal is a negative pattern.
• RSI on the chart shows that META is now oversold.
• Long time members of The Arora Report are long META from $49.92.