(Update) Meta Platforms FB

Back in 21 March 2022 where we discuss bearish scenario for Meta Platforms (FB), it was trading at $216. Price since then triggered the highlighted bearish scenario ($205) and reached the $186 objective last Thursday. Considering this recent price action, a daily close below the $186 could ignite further sell off and a retest of $169 support. However, a bullish scenario might occur upon a daily close above $205 with resistance seen at $223.