To The Moon

$Meta Platforms, Inc.(META)$ is down 22% in two months and everyone is trying to “catch the bottom.” ❌

Here’s the reality:

The Monthly BX is red,

which means the bull breakout officially ended in October when the BX flipped.

Yes, we saw a similar selloff back in April and price bounced early… but only broke out 20% after.

This time is different.

Until the Monthly BX forms a higher low and starts increasing, there is no confirmed bottom on META yet.

What I’d do here:

1️⃣ Sell cash-secured puts over the next couple months down to the 500 zone

OR

2️⃣ Wait for the Monthly BX to turn back up and re-enter with trend confirmation

Because the data is extremely clear:

Over 14 years…

Waiting for the Monthly BX to increase =

78% win rate

12-month average bull cycle

+75% average breakout

Most people lose money trying to “predict” bottoms.

Winners wait for the macro trend to flip in their favor.

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