Meta broke out of a trend line; speaker plans to swing short if price reaches 730-740.

Looking at Meta today. This is a stock that I was looking to short today, but it didn't give me the volatility that I needed. That is okay. First up, what I was looking to play was this gap fill right here at about 688.

Price got to about 644 and came well in as we see here, but that's all right. We uh, we don't chase when our levels get missed. We got to stay disciplined and responsible.

All right. So, where's Meta going to continue going? It's trying to It's one The big story of the week for Meta is it's broken out of this trend line right here. One, two, three, four, five, six hits.

We finally punched through that trend line after this trend line has gone hit about six or seven times plus getting more frequent more frequent plus more hits trendlines will eventually break to the upside.

Now could see a a retrace to this trendline as we did yesterday and although we did close above. So we could be consolidating in this area about 670 675 to see if this move has legs to move on higher.

Next resistance I expect it some at about 710 for meta.

So a swing short level that I'm looking for here is if price pushes up into about this 730 740 area where is this large pivot top here at 740 and then this unfilled gap here at 738 31 in that dollar zone.

That's where I think would be a good swing short on meta.

And that was my and then support-wise we already talked about this one. Now we also have this steep upsloping trendline that should act as support. A lot of hits right here. Price broke below but did not confirm reclaimed it and has since coming back up.

So kind of right in this cross confluence area around 657 we have this downsloping trendline upsloping trendline both acting as support and a relief pivot at 638 40 should we come down we should find ample support here as we did last Wednesday.