Meta remains in a bullish accumulation trend; the current pullback is acceptable provided the 21-day EMA support holds.

So, I start with, you know, number one. Therefore , from 110 to 150 are five charts that I consider at this stage to be in an initial upward trend, and a strong accumulation phase.

The reason I do this is that I can run a performance table and say, "Show me last month," and I can see that Meta is up 25%, and Micron is up 13%.

As for "Meta", it is the best in terms of price movement, because a week and a half ago it had already broken through the previous resistance . We had clear resistance at 680, dating back to the April and July peak, and we clearly broke through it about a week and a half ago.

From there, we continued to climb and achieved a new record high within three months, which I considered really encouraging, as the stock reached 780.

But on Friday we declined, and today we start the week with a drop in Meta's stock of about 4%. Some news emerged over the weekend and into this morning, and the market so far seems not to be handling the stock well following the announcement of some AI tools for enterprises that they have been developing.

So, at the moment, there is a slight decline from previous peaks. I don't think this is too surprising, given the fact that the stock was in overbought territory before the start of this week.

But what I would say is that when you have a stock in an accumulation phase, I immediately look at the 21-day exponential moving average. This is considered my default initial stop.

Therefore, as long as we maintain the 21-day moving average levels , even if we decline slightly, it is not worrying. But if we break this average, it suggests to me that there is perhaps more to it than that.

So, for now, this is the main level we are monitoring. Apart from that, the momentum is strong and the relative performance is good.

Of the five charts that I would place in the "good" category, three are facing significant resistance. Two of them, Meta and Micron , may pull back a little at the start of the week, underperforming the S&P 500 this morning, but there are clear levels to watch should any pullback occur.

Then again, Microsoft, Meta, Nvidia, and some of these other charts that are in the "good" category, the ROG indicator shows you how they are improving on a relative basis, and I think this clearly expresses the upside opportunities available to them, or at least the setup for them at this moment.

So, understanding which of these names— Nvidia is the only one that's up today— and realizing which ones are performing well and which ones are falling behind, especially MetaTrader and Tesla today, really helps me understand what's happening on this trading day with regard to those key elements.