1-Hour Chart Technical View
META is riding a clean ascending channel, holding a steady higher-high/higher-low pattern. Friday’s move left a bullish Change of Character (CHoCH) near $772 and confirmed strength with closes above $779. Current intraday trend is supported by the 9 EMA > 21 EMA alignment, and momentum oscillators (MACD, Stoch) continue to lean bullish with no major divergence yet.
* Immediate Support: $774 and $768 (mid-channel / intraday demand)
* Major Support: $764.7 (strong breakout retest zone)
* Upside Zone: $788–$795 is first key resistance; a break targets the $800 call wall and potentially $820 if momentum accelerates.
GEX & Options Flow
Options data shows stacked call gamma above spot:
* Call Walls: $795 (3rd call wall), $800 (highest positive NET GEX & key resistance), then $820.
* Put Defense: $747.5 HVL (09/19) with larger put walls around $720 and $710.
* GEX Bias: Net call gamma dominates, suggesting dealers hedge by buying dips, which often dampens downside volatility and supports gradual grind-ups.
IV Rank is modest (IVR ~8.6) with IVx ~33.9, implying option premiums are relatively low for directional plays.
Trade Thoughts & Suggestions
* Swing Idea: As long as $774 holds, risk-defined swing longs can target $795–$800 with room toward $820 if $800 breaks on volume.
* Scalp Idea: Watch 1-hour re-tests of $779/$774 for quick intraday longs, or fade a failed breakout above $795 if volume thins.
* Risk Zone: A sustained break below $764.7 would flip structure short-term and open $749.5 then $743.7.
Quick Take
META is technically strong with bullish gamma support. For Sept 17, price action favors controlled dip-buys until $800 is tested. Scalp traders can play the $779–$788 range; swing traders can look for $795–$820 extensions.
Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always do your own research and manage risk before trading.
META is riding a clean ascending channel, holding a steady higher-high/higher-low pattern. Friday’s move left a bullish Change of Character (CHoCH) near $772 and confirmed strength with closes above $779. Current intraday trend is supported by the 9 EMA > 21 EMA alignment, and momentum oscillators (MACD, Stoch) continue to lean bullish with no major divergence yet.
* Immediate Support: $774 and $768 (mid-channel / intraday demand)
* Major Support: $764.7 (strong breakout retest zone)
* Upside Zone: $788–$795 is first key resistance; a break targets the $800 call wall and potentially $820 if momentum accelerates.
GEX & Options Flow
Options data shows stacked call gamma above spot:
* Call Walls: $795 (3rd call wall), $800 (highest positive NET GEX & key resistance), then $820.
* Put Defense: $747.5 HVL (09/19) with larger put walls around $720 and $710.
* GEX Bias: Net call gamma dominates, suggesting dealers hedge by buying dips, which often dampens downside volatility and supports gradual grind-ups.
IV Rank is modest (IVR ~8.6) with IVx ~33.9, implying option premiums are relatively low for directional plays.
Trade Thoughts & Suggestions
* Swing Idea: As long as $774 holds, risk-defined swing longs can target $795–$800 with room toward $820 if $800 breaks on volume.
* Scalp Idea: Watch 1-hour re-tests of $779/$774 for quick intraday longs, or fade a failed breakout above $795 if volume thins.
* Risk Zone: A sustained break below $764.7 would flip structure short-term and open $749.5 then $743.7.
Quick Take
META is technically strong with bullish gamma support. For Sept 17, price action favors controlled dip-buys until $800 is tested. Scalp traders can play the $779–$788 range; swing traders can look for $795–$820 extensions.
Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always do your own research and manage risk before trading.
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คำจำกัดสิทธิ์ความรับผิดชอบ
ข้อมูลและบทความไม่ได้มีวัตถุประสงค์เพื่อก่อให้เกิดกิจกรรมทางการเงิน, การลงทุน, การซื้อขาย, ข้อเสนอแนะ หรือคำแนะนำประเภทอื่น ๆ ที่ให้หรือรับรองโดย TradingView อ่านเพิ่มเติมที่ ข้อกำหนดการใช้งาน