Meta needs to break through a diagonal downtrend line to confirm a breakout; currently facing rejection near this line.

So, Meta up about 66 pips.

Kevin, what did you say are Meta's next targets and breakout points? Yeah. Uh, well, there are a couple. There's a trend line and there's a horizontal at the eights. So, if you zoom out Oh, wow.

Look at that. Pre-market rejection at the diagonal. The horizontal is up here at um I guess it's it's it's a diagonal and the and then the horizontal and the eights. So, right here is the horizontal and the eights.

I'm pretty sure this is a fib. It's 82624. Once we get through this line, that's where I think we break out. I am actually blown away. And and you know, I haven't changed this, but look at this.

Literally, in the pre-market, and you could even say right here, just a few minutes ago, we rejected this line in the pre-market to the what? To what penny? The line is it's not showing me what my Oh, it's a diagonal, so I can't really tell.

Um, we basically rejected it. I'd say within a penny. It's It's really hard for me to tell where that is right now cuz the diagonal you won't get perfect pricing, but that's actually insane because that has been a diagonal downtrend line that we've been watching.

And my thesis is Meta has to break through this diagonal downtrend line. I'm now going to upgrade it, by the way, to a green line because that's insane that we um we hit like that.

We've got Meta's down 36 basis points. That's fine.

Like Meta was going to lay off a whole lot more people in their uh their operation. I think it was turnover. I'm pretty sure it was called Operation OT and they did the opposite.

They're like, "Oh yeah, no, this is not actually as good as we thought."