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$META
META last closed at $578.02 on 2026-08-28, a +1.21% daily move; after-hours trading was $578.35. The session ranged from $571.00 to $589.19, showing that price is recovering but still meeting supply below $590. Market data also shows META remains down about -8.61% over three months and -12.43% year-to-date, so this is not yet a fully repaired higher-timeframe trend. According to Yahoo Finance and MarketBeat data, the most recent confirmed close—not a live Sunday quote—is being used here. (finance.yahoo.com)

4h structure

A precise live 4h RSI/ATR reading is not available from the confirmed data feed, so I would not validate the earlier “82% confidence” claim or its exact intraday levels. Structurally, the recent daily sequence shows a rebound from the $543–$550 region, followed by higher closes into $578. On a 4h chart, the constructive interpretation requires that sequence of higher swing lows to remain intact.

Bullish confirmation: price holds above the recent recovery base around the mid-$560s and reclaims/holds the recent $589–$593 swing-high area with stronger volume.

Structure weakens: a reversal below the recent $543–$550 support zone would negate the recovery pattern and put the prior decline back in control.

Neutral/choppy case: repeated rejection below $589–$593 while holding above the mid-$560s would indicate consolidation rather than a confirmed continuation.

Fundamental drivers

Meta reported Q2 2026 revenue of $60.8B, up about +28% year over year, and guided Q3 revenue to $61B–$64B. Those figures support the AI-driven advertising and engagement narrative. However, Q2 diluted EPS was $6.18, below the cited consensus estimate, while capital expenditures were $31.08B and free cash flow was $784M—highlighting the market’s sensitivity to the cost of Meta’s AI buildout. Meta’s next reported results are expected around late October 2026, subject to company confirmation.#metawin #METAUSDT