[00:17] Head and Shoulders Pattern Introduction: Soloway explains he identified a head and shoulders topping pattern on Meta 1-2 months ago and the stock hit his exact downside target today with an 11.5% drop on earnings. [01:07] Pattern Anatomy Explained: Details the structure - shoulder, head, shoulder formation creating a high, higher high, lower high with neckline connecting the "armpit to armpit" at the lowest points between formations. [01:51] Critical Breakpoint Rule: Emphasizes the pattern means "literally nothing" until the neckline breaks - once the first close below the neckline occurs, it's "game on" for the trade setup. [02:50] Target Calculation Method: Demonstrates taking the highest point of the head, dropping a vertical line to the neckline, then adding that same distance from the breakpoint to calculate the downside target. [03:27] Target Hit Confirmation: Shows how Meta reached exactly the calculated target level today at $650, validating the technical analysis approach and providing a baseline for future trading decisions. [04:20] Support and Resistance Levels: Identifies key levels - support at $650 (pattern completion), resistance at $700 (previous dip and retest area), providing clear trading ranges for long and short positions. [05:00] Next Downside Target: Connects November 2022 bear market low to Liberation Day selloff to identify next major support level if $650 breaks, emphasizing connecting major pivot points not arbitrary levels. [06:00] Fibonacci Analysis: Tests Fibonacci retracement levels but finds no alignment at key support areas - demonstrates discipline in discarding indicators that don't confirm other technical signals. [06:37] Opportunist Trading Mindset: Stresses never being permabull or perma bear but following what charts indicate - going short on dumps, long on bounces across stocks, commodities, and crypto as trading vehicles. [07:33] Meta Earnings Context: Explains the 11.5% drop wasn't due to the $16B tax charge but investor concerns about Zuckerberg spending heavily on AI without clear profitability path, similar to previous metaverse spending.