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$META is flat-to-slightly green premarket, but the real test is still above $757.
Meta is trading around $736–$739, little changed after yesterday’s 0.63% pullback to $736.60. The digestion itself is constructive after Monday’s 11.4% surge, but the price action underneath it is more important.
META ripped from Friday’s $665.75 close to $741.25 on Monday, then tagged a new high at $757.27 yesterday before selling off into $730.00. That $753–$757 zone rejected price, so supply is showing up there into Connect.
For the open, $730.00–$732.00 is my first support zone. Holding it keeps the breakout structure intact and gives META another shot at $741.00, then $753.00–$757.50. A clean break through $757.50 with volume would be the first stronger sign that yesterday’s fade was just digestion.
If $730 fails, I’d watch $665.00–$680.00 next. That would shift the setup from a developing continuation back toward a gap-fill.
Holding the $730 low into Connect is encouraging. Reclaiming $757 is what would make it convincing.
For more details, please DM.
#META #Meta #AI #Stocks #StockMarket