The Investor Channel on $META (Oct 30, 2026)

As usual, we will start with Meta Platforms. The stock started the week at 643. It closed the week down by approximately 4.5%, nearing 614.

This comes as the company continues to raise more and more money. Nvidia will give Meta $3 billion, and they will return it to them immediately in exchange for the chips.

This comes as the company continues to refresh its product line, offering videos of up to 90 minutes in length on Instagram.

now see that Google, Tesla and Meta are now the "Great Seven" stocks that are performing negatively this year.

I think Meta held that title among Nvidia and other companies.

Microsoft is not standing idly by while Amazon, Google, and Meta are raising funds without it taking any action.

Over the past year, we have seen Meta, Microsoft, and Google sign deals with emerging cloud providers such as Nebulus, Iran, InScale, and TerraWolf, among many others.

What they can do is secure very profitable graphics processing unit prices, at least at current prices.

Moving on to the technical part of the program, we will start with Meta Platforms, which closed below its 200-day moving average, which was here near 641. However, it closed below this level at 610.

Meta has done this many times during the past year, where we saw it rise above the 200-day moving average. In fact, it has happened at least six times this year, only to return and then fall back down again.

Now, the good news for Meta is that there is a support level here at 540 . You are not far from him. The difference is about $70 down, with the potential to retest previous highs at $780, near $800, which are all-time highs .

But overall, when looking at Meta's chart since the beginning of the year , we find that the stock is moving sideways.

I believe that pullbacks to the 550 range represent an excellent opportunity .