From the IPO of Meta, one can see that is has followed a very nice harmonic w/ the solid blue arrow. I took that solid blue arrow as the measured move because it just 'looked' correct. Every move higher has been a spin-off or harmonic of the blue measured move. Most recent price action is setting up a '3- Drives to a Top' SELL pattern. That window is 809-814.
Since the recent price action appears to have gone thru the blue measured move, I simply extended that measured move to 1.618 (golden mean) and then projected from the swing low. Interesting, the 'black arrow' projection lands right at the 1.618 expansion of the measured move. I expect resistance.
Like everything these days, it will pay to be patient and wait for a daily/weekly signal reversal candle.
