Meta Platforms Inc. (META Stock) will announce its quarterly earnings today

Today’s instrument is the Meta Platforms Inc. traded in Nasdaq exchange under the ticker META.

Looking at the META‘s chart, we can see that it was lastly traded at around $148.95. Today, it is announcing its quarterly earnings, and if the market’s anticipation is positive, then we should expect it to pass its resistance level of $150 and reach a new high price for the year, otherwise it could drop towards its support level at around $130.

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