Chris Perruna: META climbs 8 percent but closes just below 200-day moving average

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META up 8 percent, tests 200-day average

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10.07.2026

Chris Perruna: META climbs 8 percent but closes just below 200-day moving average — META up 8 percent, tests 200-day average

Chris Perruna, senior vice president at Self-employed, highlights META's recent performance, noting that the stock closed at $631.48—up 8 percent this week, but just below its 200-day moving average.

Perruna questions whether META can regain the 200-day and 40-week averages to start a new uptrend or if it may face another rejection as seen in March. He also confirms holding shares.

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Perruna has recently tracked other notable stock moves. He observed RDDT trading above $200 as the stock formed the right side of a seven-month base. He also commented on ELF's rebound from recent lows after a volatile period for the stock.

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