Identified a strong long setup on $Meta Platforms, Inc.(META)$ around the 700 psych breakout, with the weekly breakout and MTF levels supporting the game plan. $Meta Platforms, Inc.(META)$ broke above 700, hit the 710 target, and continued through 720, with further targets at 736 and 741 as momentum remained strong. Disciplined stop management, scaling, and clear target levels helped capture the move as $Meta Platforms, Inc.(META)$ pushed higher.
$Meta Platforms, Inc.(META)$ $NVIDIA(NVDA)$ Just added 2k to META at $721.87. A bit of a strange touch at the 10dema. I'll be adding more aggressively if the dumb quant crowd tries to press that ill-fated short trade again. And the NVDA buyback plan announced as the biggest ever in market history? Shorts are in serious trouble.
$Alphabet(GOOG)$ $Microsoft(MSFT)$ $Meta Platforms, Inc.(META)$ There's talk that a company whose name starts and ends with G could be making an announcement soon about a best-of-breed consumer AI app. The expectation is that it would outclass Muse or Autopilot.
$Alphabet(GOOG)$ Not sure why my earlier post got taken down on Yahoo Finance, but the point stands. GOOG being called 74% overvalued by the short narrative now feels like a contrarian indicator more than anything else.
$Meta Platforms, Inc.(META)$ Up 11% on a breakout today, definitely running hot. AI and upgrade headlines are driving the move. Options flow looks wild, running around 4.5x normal with 68-91% in calls. Momentum traders seem to love it, but volatility is high so risk controls need to stay tight. Some big players are hedging too. A $25.5M sweep in March 2027 $665 puts shows they're paying for downside protection. That $665 level might be a key zone to watch for stop placements. Bullish vibes, but playing it smart.
$Meta Platforms, Inc.(META)$ Weekly and daily breakouts are always worth watching. The 700 psychological level broke along with a chart pattern, plus there was a catalyst. On a bigger timeframe, it's easier to hold winners with conviction. This is a weekly breakout, did you hold through it?