META FALLS 15% ON GREAT EARNINGS, TESLA RISES 12% ON UGLY EARNINGS – HERE IS THE REAL REASON
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.
April 25, 2024