META Stock After Earnings: Smart Money Is Buying

AI-generated source summary

The analysis focuses on Meta Platforms (META), a stock identified as being in an 'early buy range' with an optimal zone for long-term positions (6-12 months) between $580 and $600. The speaker, while not entering a trade due to existing positions, views this level as a good long-term opportunity. The chart shows historical price action with defined 'Institutional Buy Zones' and 'Smart Money Zones'. Previous instances where price pulled back into the institutional buy zone have led to significant rallies, such as a 46% rise in less than a month. The current price is above the buy zone, and the analysis suggests that if the price retests the institutional buy zone around $580-$600, it would present a strong buying opportunity. The first target is set at the previous swing high of $800, representing approximately a 30% move. The invalidation level (fail bound) is placed below the weekly swing low at $477, indicating that a break below this level would invalidate the bullish thesis. Unusual options flow data from yesterday showed a $1.77 million sweep on calls with a $490 strike expiring in 2027, indicating significant institutional interest. Today also saw a $2.5 million sweep on calls with a $620 strike expiring in 2027. The target for this trade is $800, with a stop loss below $477.

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