To The Moon

$Meta Platforms, Inc.(META)$ $594 Moderate Rebound: AI Investment Concerns Persist, 590-715 Range Defines Next Direction》 Latest Close (EST): META closed at $594.25 (+0.87%), recovering from recent lows but still 25.2% below its 52-week high of $796.25. The stock remains in a consolidation phase following October's earnings-driven selloff. Core Market Drivers: Meta's massive AI infrastructure spending continues to concern investors, with the company planning $600 billion in U.S. AI investments through 2028. Additionally, reports suggest approximately 10% of Meta's $164.5 billion annual revenue may come from problematic advertisements, adding regulatory pressure to existing valuation concerns. Technical Analysis: Volume at 21.05 million shares shows moderate participation but lacks conviction. RSI readings across timeframes (25.5 on 6-day, 25.4 on 12-day) indicate oversold conditions with potential for relief rallies. MACD remains in negative territory at -3.39, with the death cross pattern persisting, suggesting continued bearish momentum in the near term. Key Price Levels: Primary Support: $570.25 — Critical psychological level; breakdown could trigger further decline toward $550-560 range Resistance Zone: $715.25 — Major overhead resistance from previous consolidation; breakthrough needed for trend reversal Pivot Point: $630 — Current trading equilibrium; sustained hold above this level essential for upside momentum Valuation Perspective: Meta's current P/E ratio of 26.3x significantly exceeds the S&P 500's ~21x multiple. While below its historical peak, the premium valuation reflects AI investment expectations but creates vulnerability during growth uncertainty periods. Analyst Outlook: Wall Street maintains optimism with 64 institutions setting an average target of $838.05 (range: $560-$1,117). The consensus includes 20 strong buy ratings and 40 buy recommendations, suggesting professional confidence despite recent volatility. Week Ahead Forecast: Expect continued range-bound trading between $580-$620 as the stock digests recent selling pressure. A breakout above $630 could signal renewed bullish momentum toward $650-$670, while failure to hold $590 support may lead to retesting the $550-$565 zone. Risk Disclosure: This analysis is for informational purposes only and does not constitute investment advice. For SG users only, Welcome to open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with upcoming 0-commission, unlimited trading on SG, HK, and US stocks, as well as ETFs. Find out more here. Complete your first Cash Boost Account trade with a trade amount of ≥ SGD 5000* to get SGD 688 stock vouchers*! The trade can be executed using any payment type available under the Cash Boost Account: Cash, CPF, SRS, or CDP. Click to access the activity Other helpful links: 💰Join the TB Contra Telegram Group to Get $10 Trading Vouchers Now🎉 How to open a CBA. How to link your CDP account. Other FAQs on CBA. Cash Boost Account Website.