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META Losing Support at All Time Highs

META has been trading near the yellow trendline, which has been resistance at all time highs. META attempted to flip this yellow resistance line into support, but last week META started to lose support. I would be cautious for more downside over the next few months, I have $452.50 as a key support target in mind. Trump is likely to go after META and GOOGL once elected in office, I would be concerned for some bearish policies and price action.

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