META on the weekly is still in a downtrend Meta Platforms Inc Class ABATS:METAShortSeller76And overbought in the short term. We could likely see $444-$480 on the next legs down over the next 2-6 weeks unless META is able to break out of the weekly downtrend and close with a higher low and a higher high on the WEEKLY chart. The 4 hour and one day were extremely oversold hence the recently bounce