Headwinds facing Meta Platforms (META) now include a possible delay of its latest AI model named "Avocado" according to New York Times reporting. Rick Ducat joins Morning Movers to discuss the technical patterns taking shape on the chart of META, underlining a confluence of moving averages this week. He also notes heavier trading volume taking place between $630-$670. Later, Rick demonstrates an example options trade using a put butterfly strategy with a bearish outlook.

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