Trading META's Choppy Price ActionMeta Platforms Inc Class ABATS:METARocDiDoMETA has been jumping up and down over the past few weeks and the charts are suggesting the price action will likely continue. META is at the center of the AI buildout and Capex worries, and tomorrow's earnings report will likely move the stock +/- $45. A few interesting areas to watch would be the numerous gaps on the daily chart. Looking more broadly, META has been trading in a wedge pattern on a weekly chart, where it just rejected off the $680 level, now heading below $600. To find a confluence of support zone, I think the gap close ~ $565 is attractive as it has a high probability of being filled and the 0.618 fib level ~ $560 to back it up. Just below that level sits the rising trendline that has been respected numerous times. This offers a favorable risk reward setup. I would be targeting the two large gaps that exists above the current price. Specifically, another retest of the descending resistance trendline would mean both the $625 and $660 gaps should get filled. Looking at a few gap stats over time for META's daily chart, the chance of the gap downs getting filled is a highly probable event, while the gap ups also have a good chance of getting filled and have additional layers of support to back up that ~ $560 level. Fundamentally, META is looking to capitalize on the large investment and buildout of AI and with a proprietary fair value ~ $655 and consensus price target ~ $800, there seems to be a good opportunity for investors that are willing to wait for another retest of prior support and wait for the gaps to fill before heading higher. * A similar trade can be seen back in June 2026 where META pulled back to retest the support trendline while filling a prior gap right before exploding upward over $100. Looking for a similar setup.