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$META

T3 Live on $META (Oct 26, 2026)

AI summary · T3 Live

Meta has turned neutral-to-weak: down 10 today, below all moving averages, no follow-through; the speaker ties the drop to its mixed securities capital filing. 633 is key—if Meta stays below it, it could fill the gap, so holders should exit remaining shares rather than assume it will be okay.

BearishHe framed it in days
“Scott Redler’s #630club - LIVE Premarket Stock Market Update”
T3 LivePublished Oct 26 · 4 passages

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4 passages

Meta looked good pre-earnings and now it's back to neutral to blah.

Meta was very, very, very, what's the word? Very um, not surprising because Meta has just been so this this is just the way the market is. Last year at this time, you know, it was above just say 700.

So, if you if you if you were an investor, you went underwater for the whole year. all of a sudden finally had a really exciting active sequence where some traders made a lot of money.

The problem is if you thought it was going to rebuild here, which is the second move after the fast move, all of a sudden that happens and now you're right back to this monotonous range of nothing.

That's the market that we've been in. A monotonous ranges of nothing where you have to just take your trade and run. Some guys made a little bit of money in meta. I get it. You know, you had a little red dog reversal where it hit 633, reclaimed 638.

Um, but there was not much else to do the rest of the day. And now today, if you have it, where's Meta? It's down 10. So, you're not getting any followthrough. Nothing. And it's below all the moving averages.

That's just the market that we're in. This is what this is 633. So, it's kind of right there. Um, now, now here's an important here's an important concept where you don't get stuck.

You know, some people like Red Dog, where would you put your stop? So, I'm not in Meta right now. I'm trying to take trades. I did trade it on Friday, made a little bit of money.

Um, if you were saying I'm going to be in medic cuz you sold, maybe you sold it up here, you know, on this, you know, uh, king of queens formation where the this was met real fast like that.

You say, I am going to be long. I'm going to give it to 633, right? This is the low from from Friday. If it were to get below and stay below 633 and just say just say you had a thousand shares, you bought it at 638 and you sold 75%.

You held up 25% because that's all you should be doing in this market stays below 633. Now you got to say, okay, you know, it's it could fill this gap. It can go anywhere. You get out of your last 25%.

You don't you don't just say, "Hey, it's meta. It's going to be okay." No, you move on. Um and or or you see if it reclaims it real fast.

Meta just filed a mixed securities capital. Those bastards. That's why it's down today. They should have done it with earnings. They were scared. That's why Meta is going down.

So 633ish is a spot for Meta. That's right here. That's one of the narratives right now that you got to know is that, you know, all these companies that are trying to build out for compute, you know, they need to raise money and I guess we're running out of money out there somewhat.

So again, it's below 633. This is when everybody started talking about that. So maybe, you know, maybe it is priced in, but we'll see.

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