META has shown a strong rejection from the recent lows, suggesting buyers are defending key Zone. If momentum continues, we might see a corrective push up before the next major move. Watch the 640–650 area for signs of exhaustion. Disclosure: We are part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in our analysis.

I can see a relief-bounce for META coming. Everytime we had an RSI under 30 in the last couple of years we got such a bounce. This is by the way not to say that the correction could not ultimately go deeper on the weekly. So clearly, if you want to trade this on a higher timeframe, have your stop-loss in place.

On the daily chart, META stock has been trading within a rising short-term channel after a strong uptrend from early 2023 to mid-2024. The price is now around $620, approaching the main long-term uptrend line (blue) drawn from the 2023 lows — a critical level that also aligns with the 50-day moving average (SMA50). Bullish Scenario: If META holds the $600–$630 support zone and forms a bullish reversal candle, a rebound toward $725 and potentially $800 could follow. This would confirm the continuation of the long-term uptrend. Bearish Scenario: If the trendline fails and the price closes below $580, a deeper correction toward $500 is likely. Such a breakdown would indicate the start of a medium-term consolidation phase. Summary: The $600 zone is the critical decision point — the line between trend continuation and correction. As long as META trades above this level, the broader market structure remains bullish.

NASDAQ:META : Although it may seem incredible, the head and shoulders pattern TARGET has been reached. The stock has lost 24% of its value since hitting an all-time high in early August. The 14-period RSI indicates clear oversold conditions. Friday's hammer candlestick, combined with significant volume, is signaling a potential long-side opportunity.

Weekly: moving from late B (distribution) → early D markdown after repeated up-thrust failures near 780–800. Daily: in Phase D markdown with a possible automatic rally toward 640–665. 8h: automatic rally-type bounce underway but inside a broader markdown.

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It may reverse here or around 600. This is based on Fib levels, support and resistance

Wow, we're getting close to the Head and Shoulders target at 598. The RSI (14) is currently at an oversold level.

Good evening fellas, Let's first talk about the earnings report that sent this thing into a spiral towards the downside. They had diluted their earnings to make it worse than the actual EPS which I believe came in at $7.25. That being said, no matter the result of the earnings, we are just looking for an opportunistic set up. Right now, META runs the social media game with Facebook and Instagram. The amount of resources, shopping, content, etc. between these 2 is astounding. Not to mention, AI now plays a big factor in driving more user traffic. I don't foresee META going anywhere and actually, I predict that META will be over $1000 per share by 2026-2027 and it will present another opportunity for a stock split. Anyways, let's talk about a shorter time frame. Within 2 weeks. We are far extended on the downside and RSI is oversold. We also have a GAP and funny enough, that GAP happens to be at the nice round number of 700. I think tomorrow, Friday the 7th of November is going to present a buying opportunity at the bottom and over the weekend the banks will step in to buy META cheap. I'm planning to add a couple of lottery ticket positions tomorrow, likely targeting the 650 calls expiring on Friday 11/14. Thanks for reading.

Holding within the key level.