Uncertainty about Meta's AI monetization drives a long-term downtrend; technicals are neutral-to-bullish (above 50/200) but require a high-volume breakout to confirm a constructive trend.
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And then Meta, I don't This is I thought this was really cool. Check this out, guys. So, I drew a line um every time that it kind of got near a swing point area. And you can see it touches three or four swing points or two or three anyway.
And you can see it's right near that swing point. It gapped up on volume. Um, but I don't know how Meta is going to make money into this AI future. Maybe they do. The street kind of thinks maybe they will, but they're not sure and that's why we have this longer term downtrend.
That said, it is above the 50. It's above the 200. It's just threatening the top side of that downtrend and needs volume to close at the other side of that before I can start saying this is constructive. But, um, that's what I'm looking at for Meta.
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Cash Flow Machine | Mark Yegge | Wealth Architect has 2 calls on this stock; only the adjacent ones are shown.