Meta's Muse AI launch and monetization caused a bullish breakout; further gains depend on clearing technical resistance.

All right, next up into Meta, some stocks in the news, guys. Now, this is big. Meta announced yesterday that they rolled out Muse. You may be saying, "What is Muse?" Well, Muse is an AI agent platform and service on Meta.

You may also say, "Well, what is that?" Well, basically what it is is an assistant that you can program and tell to reply to emails, navigate websites, make uh verified purchases.

You could even use say Instagram Instagram and other apps to forward that recipe on Instagram in through Meta and through Muse and put that straight on your grocery list.

There's a lot of cool things that can happen with these AI agents. The way I like to think of it, they're more or less like mini assistants that you don't have to pay unless you run too many tokens, which they do have a paid service for.

Interesting how AI rolled this out or Meta did and the AI agents and initially jumped into monetization. That's good on their part.

And investors rejoiced with that, too. Pushing the price up on Meta up over 6.5% today. So you can see here Meta on the longer range time frame. We're in an inclining parallel channel or we were until today we had price actually just jump right back in.

We were trading underneath that range potentially on the verge of a breakdown. But you see ever since this low here in August 20th, we have just been straight up on the charts with Meta now regaining this parallel channel. A very bullish move for Meta today.

Now for Meta, the work is not over to the upside. You see here clearly tomorrow at 663 and 18 we've got a declining trend line one that would be hit for the fourth time if we can get back above there.

But if we do so and close mainly above today's highs that increases probabilities that Meta can hold this parallel channel and potentially consolidate for a few days before it breaks to go higher.

The next destination will be this pivot high at 68606. But as I've described, we've got a few things to happen before that becomes a possibility there for Meta.