META Market Analysis 2026.06.16

From Wall Street's perspective, the roster of tech giants might be getting a revamp. Previously, the market focused on the "Seven Giants". Now, more and more funds are starting to pay attention to new core tech assets: MANGOS — Meta, Anthropic, Nvidia, Google, OpenAI, and SpaceX.

Some institutions believe that the real tech narrative moving forward isn’t just the original "Seven Giants", but should also include SpaceX, OpenAI, and Anthropic.

I jumped into META yesterday. If it doesn’t dip below 556 anytime soon, I’m expecting the scenario in Chart 1. The recent drop from 691.52 to 557 (red box in Chart 1) currently looks like a correction targeting 520.26-691.52 (red line on the left side of the chart), which seems reasonable. Fingers crossed we can break out this month! 📈📈📈#meta $META