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Barchart
Barchart
Rob Isbitts

Here’s Why I’m Very Skeptical of the META Stock Rally (And You Should Be Too)

Meta Platforms (META) is a transformative, albeit controversial, company. And despite its recent stealth rally, I see a technical pattern developing that makes me more prone to short META stock than buy it here.

Spoiler alert! There’s an easy way to do that through ETFs designed to move in the opposite direction of the underlying stock. So in the case of META, the Direxion Daily META Bear 1X ETF (METD) moves in reverse order.

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