META โ Testing Key Demand as Gamma Shows Heavy Put. Sep 29META โ Testing Key Demand as Gamma Shows Heavy Put Defense ๐ก๏ธ
1-Hour Technical OutlookโจMeta remains in a well-defined descending channel that started early last week. After a sharp drop into the $737โ$740 support area, price is trying to stabilize near $743, but still trades under a dominant downtr
Key facts today
๏ปฟMeta Platforms (META) has implemented share buybacks that have contributed to an annual earnings per share growth of 31.8%, outpacing revenue growth over the last three years.
Meta Platforms, along with Microsoft, Alphabet, and Amazon, reported $245 billion in capital spending for 2024, expected to exceed $360 billion in 2025, driven by AI investments.
1.00โฏUSD
โช55.39โฏBโฌโฏUSD
โช146.11โฏBโฌโฏUSD
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About Meta Platforms, Inc.
๏ปฟSector
Industry
CEO
Mark Elliot Zuckerberg
Website
Headquarters
Menlo Park
Founded
2004
ISIN
ARBCOM460168
Meta Platforms, Inc. engages in the development of social media applications. It builds technology that helps people connect and share, find communities, and grow businesses. It operates through the Family of Apps (FoA) and Reality Labs (RL) segments. The FoA segment consists of Facebook, Instagram, Messenger, WhatsApp, and other services. The RL segment includes augmented, mixed and virtual reality related consumer hardware, software, and content. The company was founded by Mark Elliot Zuckerberg, Dustin Moskovitz, Chris R. Hughes, Andrew McCollum, and Eduardo P. Saverin on February 4, 2004, and is headquartered in Menlo Park, CA.
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๏ปฟMeta May Be OversoldMeta Platforms has been sliding, and some traders may think the social-media giant is oversold.
The first pattern on todayโs chart is the September 2 low of $721.73. META fell below that level yesterday but is now trying to recover. Traders may look for support at such an intermediate-term level.
Metaโs Make-or-Break Triangle: Ready to Soar or Sink?Based on the daily chart of Meta Platforms (META):
๐น Short-Term Outlook (1โ3 weeks)
The price is consolidating within a symmetrical triangle pattern, usually a sign of an upcoming breakout.
Key support: $740โ$745 (aligned with the rising trendline and 50-day moving average).
Key resistance: $770โ
META (3H) โ Elliott Wave AnalysisStructure
The chart displays a zigzag corrective pattern labeled (A) โ (B) โ (C).
Wave (C) unfolds inside a falling wedge (ending diagonal), a common terminal structure at the end of corrections.
The breakout attempt from this wedge suggests that Wave (C) may be complete.
Wave (A)
A sharp, impu
Forex Market AnalysisIntroduction
The foreign exchange (Forex) market is the largest and most liquid financial market globally, with an average daily turnover exceeding $8 trillion. Unlike stock markets, which are centralized, the Forex market is decentralized, operating 24 hours a day across global financial hubs, inc
META Slips Toward $710 โ Bearish Gamma Pressures Build (Oct 2)Intraday (15-Min Chart)
Meta faced heavy selling pressure, sliding into the $718โ$719 area after failing to hold higher levels. On the 15-min chart, the stock is caught in a descending wedge, attempting to stabilize but with momentum still fragile. MACD remains in negative territory, while Stoch RSI
META watch $701-711: Key Support Zone to hold the High GroundMETA retracing from our Double Golden zone (see below)
It has fallen hard into key support zone at $701.51-711.04
Bulls need to hold this for at least a while or it will get ugly.
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Previous post warning of the Double Golden zone:
Hit BOOST and FOLLOW for more such PRECISE and TIMELY charts.
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META | AI Capex Drive vs $754 Decision PointMetaโs recent earnings reinforced the AI and ad monetisation story, with revenue growth, margin expansion, and aggressive capex guidance ($64โ72B). Deals like the $14B CoreWeave cloud agreement and plans to personalize ads via AI chats keep the structural AI narrative alive. These catalysts provide
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
US30303M8D7
Meta Platforms, Inc. 3.85% 15-AUG-2032Yield to maturity
13.96%
Maturity date
Aug 15, 2032
FB5458295
Meta Platforms, Inc. 4.65% 15-AUG-2062Yield to maturity
5.87%
Maturity date
Aug 15, 2062
FB5458293
Meta Platforms, Inc. 4.45% 15-AUG-2052Yield to maturity
5.67%
Maturity date
Aug 15, 2052
FB5868810
Meta Platforms, Inc. 5.55% 15-AUG-2064Yield to maturity
5.54%
Maturity date
Aug 15, 2064
FB5581331
Meta Platforms, Inc. 5.75% 15-MAY-2063Yield to maturity
5.54%
Maturity date
May 15, 2063
FB5522241
Meta Platforms, Inc. 4.65% 15-AUG-2062Yield to maturity
5.52%
Maturity date
Aug 15, 2062
FB5581330
Meta Platforms, Inc. 5.6% 15-MAY-2053Yield to maturity
5.45%
Maturity date
May 15, 2053
FB5868809
Meta Platforms, Inc. 5.4% 15-AUG-2054Yield to maturity
5.44%
Maturity date
Aug 15, 2054
FB5522214
Meta Platforms, Inc. 4.45% 15-AUG-2052Yield to maturity
5.41%
Maturity date
Aug 15, 2052
FB5868811
Meta Platforms, Inc. 4.75% 15-AUG-2034Yield to maturity
4.50%
Maturity date
Aug 15, 2034
FB5581329
Meta Platforms, Inc. 4.95% 15-MAY-2033Yield to maturity
4.35%
Maturity date
May 15, 2033
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