Meta's technical setup is bullish with support at $530; buy if it closes above $700 or on a dip near $628.

We have so much to talk about, including Meta launching their highly anticipated AI agents. And kick things off with Meta Platform. Start of the week at 6:17. Still doing better over at Meta. Up nearly 5% finished week close to 6:47.

This comes as they came out with their new AI agent that they're calling Muse. and they are going to be rolling this out to users as we speak. My understanding is it does have some native capabilities inside of the Meta platforms.

And so if you're trying to do more with your Instagram account other than post pictures of your family, which is a perfectly acceptable thing to do, but if you're trying to attract clients or business or respond to messages, apparently this AI agent has some capabilities there.

Now, the read from Wall Street is they could potentially have some new monetization here as well. If people are using your AI app to maybe list things on the marketplace, maybe fine-tune some ads, grow their business, well, you obviously can monetize there.

Obviously, from the consumer level as well. If you are telling meta, I'm trying to lose weight. I'm trying to, you know, better my health or whatever it happens to be. I'm trying to maybe buy some new clothes or or whatever it is.

If you're telling your AI agent that Meta can obviously serve you up a bunch of advertising,

the company continues to do aqua hires, if you will, by buying these quote unquote smaller companies in order to fold them into the broader meta business agent. This company was based out of Sweden, and they raised, I believe, about $5 million all the way back in January, and now they're being acquired by Meta.

Meta made a beautiful move this week. Got a close above a 200 day moving average. Now, it's done that one, two, three, four time. I mean, it's done it a bunch of times in this slide.

Is this it with Meta? Can you get a push higher? You would like to see now a close above 692. And again, I'm talking technically here. You need to get a close above 700. You get a close above 700, then you buy the dip.

If you get a pullback here, wouldn't blame anyone for buying the dip closer to 628. It would be a back test of the downtrend. It would be a back test of the moving average, which has turned positive.

It's done this again four or five times. It's been a fake out, but there's clear demand for the shares at 530.