Hook

Meta and Microsoft stocks
Their other posts in the index, biggest breakout first.
We're looking at Meta and Microsoft, two of the biggest stocks in the market that are getting destroyed. Now again, this is the daily chart going all the way back to highs of August 2025. You've been making lower highs since then. And now you're grinding below the 100 day moving average and the 200 day moving average. The thing that I will look at is on higher time frames, you're still making those higher low kind of trends back from 2024. But in this smaller term trend, you are breaking back down. Now, what I will say is this is your weekly demand zone from essentially 535 all the way down to 500, a little bit below 500. That's going to be a monster support. But the concern for me is if you start breaking the structure, do you start to see the free fall below 477, 480 give or take there. If that does happen, and in my opinion, this could be a monster overall structure and continuation would be likely. That being said, though, I still think this is all net support. Now, when you go to a smaller time frame, we're not there yet, so there's no reason to freak out. But what I would be looking over the small time frames is getting that gap fill all the way back here from April first, from March 31st to right here at roughly 537, right now. If you do end up back over $600, I would lean more towards the upside, back to the 100 day moving average. But until then, you look terrible. Microsoft. Again, very weak. You abandoned baby at the 200 SMA and this thing is just really getting destroyed. You're breaking below these previous lows, as you can see right there, the break, retest and break to the downside. And you're sitting back at a very similar chart to Meta, which again, your weekly demand from 370 to 350. In my opinion, these names are long-term viewpoints, buying holding and forgetting. There is no short-term buying opportunity right now. As far as making money in the near term, it's all longer dated. I still think these names favor the downside. What I would be looking for is this monster support at 350 on Microsoft. That's your 2021 November high. If you lose this level, this could serve suffer major downside towards 310 to 309 in a hurry. It's worth mentioning this is in the IGV software ETF. So again, this could lead to some more dramatic selling as well. That being said, though, I still think these names favor the downside. What I would be looking for is this monster support at 350 on Microsoft. That's your 2021 November high. If you lose this level, this could serve suffer major downside towards 310 to 309 in a hurry. It's worth mentioning this is in the IGV software ETF. So again, this could lead to some more dramatic selling as well. What I would be looking for is this monster support at 350 on Microsoft. That's your 2021 November high. If you lose this level, this could serve suffer major downside towards 310 to 309 in a hurry. It's worth mentioning this is in the IGV software ETF. So again, this could lead to some more dramatic selling as well. What I would be looking for is this monster support at 350 on Microsoft. That's your 2021 November high. If you lose this level, this could serve suffer major downside towards 310 to 309 in a hurry. It's worth mentioning this is in the IGV software ETF. So again, this could lead to some more dramatic selling as well.