If META tests its moving averages, it creates a good buying opportunity.

At the start of the week at 735, the stock fell by slightly more than 2% by the end of the week at 718. The golden cross has reappeared in Meta . This is a technical signal that many traders rely on.

This is the case where I believe the fifty-day average crosses over the two hundred-day average. You could see that Meta's golden cross was active.

Meta and Microsoft are now working to reduce their employees' use of the "cloud" service. Also, we have seen a lot of developments, both from Microsoft and Meta, as both companies are working on developing their own models internally.

The fact that these companies have reduced their dealings with Anthropic is noteworthy, especially since at least one of them , and possibly both, are among its top three clients, particularly with regard to Meta.

while Meta's Muse app , which we don't hear much about these days, has certainly lost some of the buzz, approaching two million users, a negligible number for Meta.

if you look at advertising spending, you'll find Meta Muse ads everywhere I look.

Now, the company is blocking TikTok ads on its website . Meta says clearly: We are not obliged to display ads for a competitor whose goal is to lure people away from our apps.

Now, moving on to the technical part of the show, the S&P 500 index continues its strong climb, I mean, this is a new record high, guys. We move on to Meta Company. Now, Meta is falling back towards its 50-day moving average , and it is stabilizing completely at that point .

This chart is very similar to what Microsoft was like about two weeks ago, or at least during the past six months.

The key question with Meta is: can it rise from here, or will it go back to test these moving averages? If it comes back to test these moving averages, I think it will create a good buying opportunity. Meta announces its earnings within 19 days.

Pay higher with Tesla, again, what does this graph look like? This looks like a metagraph before it goes up. This graph looks like a Microsoft chart before it went up. So, will Tesla do that too?

That remains to be seen . In the case of both Microsoft and Meta, there was a fundamental change in the company or a fundamental change in the perception of the company. Nothing fundamentally changed, it was just a matter of how Wall Street viewed it .

If Tesla can get that look and push it higher , well, they might retest the 500 level in no time .