META is ultimately going higher ('that's what it does'), but it has mostly ranged for the past year and a half; heavy overhead supply makes further gains from here harder than from lower levels, so a post-earnings drop to the 50-day moving average would be a buy-the-pullback bounce play.

Uh and then the last thing I want to show you is Meta. Um hard to say what their numbers are going to be. Uh and I'm not going to try to guess. All I really care about is what the stock does.

I've said this for for years actually and that is you never want to bet against a sociopath and that's really who's running the company here. And in a way, in a strange way, in a tongue-in-cheek way, it's actually admirable. Um, but only a tongue-in-cheek way.

Uh, I would not be surprised after this muse thing if they talk about how widely it's adopted and everybody goes nuts over this because Zuckerberg once again hoodwinks everybody into giving him all the information they possibly can uh with their finances, with their subscriptions and all that stuff.

And now he's even going after companies on that. So, one way or another, even if you're not on Muse where you you let Mark Zuckerberg do all this stuff for you, some company that you do business with is actually doing that for you.

So, one way or another, oh, Marky Mark's going to get your personal information and it's going to be awesome for Mark.

So, meanwhile, what are we going to do with the stock? Well, just over the last week it fell at one point like 10%. So, it's on a little bit of a rebound. Now, I'd look at this um a little bit like I've looked at at Netflix, but only to a point, and that is if the company, like let's say the company reports earnings and the market decides to sell it, I would have to look at the 50-day moving average as the moving average where you're going to find some support.

So if it falls back to here, look for this as a potential bounce play, a potential like buy the pullback and you get this thing on the cheap because look, ultimately Meta is going higher. Do you know why? Because that's what it does.

But over the past year, year and a half or so, it hasn't done much of that other than in a real short-term range. So we want to go even shorter term. We want to look at it like this.

If it falls back to the 50, that's awesome. If it runs to the upside, just know this. There's a lot of supply overhead from people that bought here thinking that, hey, maybe we're going to get a breakout.

Didn't happen. So, I think it's going to have a tougher time coming up here from here than it will from down there. So, watch the 50-day moving average on that. Um, that should work for you pretty well.