$META · Verified Investing · 2026-10-26

Next up, guys, into Meta. Now, Meta came out today saying they were going to have a $95 billion equity raise with $35 billion of that coming from stock offerings. So, what that tells us, guys, is Meta is likely in store for some more discounted pricing.

Now, if we look here with this Fibonacci sequent retrace, we're already into a great level. We're into the 618, $62,9.92 level. That should be um capable of just that support line alone should be capable of providing a bounce.

Considering the fundamentals and how they're looking to raise capital, I'm anticipating some more further downside on Meta. Near-term support tomorrow right here at this pivot high 59340.

That also coincides with a gap fill right here. Very nice little level that should um play out pretty well for a potential bounce, a support zone right through uh that $600 level.

Uh secondly, look at this when I've zoomed back out on the chart. Now, if you're conservative and want to pick up some meta for more of a longer run, look at this parallel channel dated back here to the April 2025 lows.

Should we continue selling straight down in the coming days with this offering that levels at 551 and 33 cents for a then pending bounce, especially if we come straight down into it?

Just remember this guys, when Meta was lifting off right here, a lot of people wanted to jump on board because of Metam Muse's uh monetization. And look, it's unwinding coming all the way back down.

So stay patient, don't have FOMO, and just sit back, let the levels come to you, and then make the trade. All right? You don't have to be jumping in front of anything. Just sit back, wait, let it come to you.

If you want meta, this is the first spot to step up as I designated with that high pivot right there at 613 down to the $600 mark. And then if you want to be most patient, 555 is where you go.