META - Technical Analysis & GEX Insights - Feb. 13

Technical Analysis:
* Trend Overview: Meta has been on an uptrend, pushing towards a key resistance zone.
* Support Levels: Immediate support at 712.5, with a stronger level near 690.
* Resistance Levels: Price is approaching 730, with the next major resistance near 740-750.

* Indicators:
* MACD: Positive momentum but showing signs of potential slowing down.
* Stochastic RSI: Overbought conditions, indicating a possible pullback or consolidation before another leg up.
* Volume: Increasing volume on bullish candles supports the upward move.

GEX & Option Flow Analysis:

* Call Walls:
* 730: 93.92% probability of resistance.
* 750: Highest positive NETGEX level, acting as a major resistance/gamma wall.
* Put Walls:
* 712.5: Weak support based on gamma exposure.
* 690: 11.67% put support, a stronger level to watch in case of a pullback.

* Market Sentiment:
* IVR: 8.8 (low implied volatility).
* IVx Average: 29.7 (slight decline).
* Call Ratio: 10%, indicating bullish sentiment but with caution.

Trading Plan:
* Bullish Scenario:
* A breakout above 730 could push toward 740-750.
* Entry on pullbacks near 712.5-715, targeting 740+.
* Bearish Scenario:
* If price rejects 730, a drop toward 712.5 or even 690 is possible.
* A break below 690 could trigger more downside.

Final Thoughts:
* META is bullish, but watch for rejection at 730.
* Scalpers: Trade momentum breakouts.
* Swing Traders: Look for retracements to enter long positions.