I've explained in this video why I think Meta has peaked. Here's the summary:
1. Completion of 5 waves.
2. Fibonacci Extension level hit (target: $725.76, actual: $725.01, diff: $0.75)
3. Bearish Reversal candle with high enough volume (I missed mentioning this in the video)
This is a good risk-reward trade with Stop at $726 and take profit at $550.
Good luck!