Watch These Meta Stock Price Levels Ahead of Facebook Parent’s Earnings
Key Takeaways
- Meta shares were holding steady Monday afternoon as the Facebook and Instagram parent prepares to report first-quarter results after Wednesday’s closing bell.
- The stock has forged two closely aligned troughs during April, potentially setting the stage for a double bottom, a chart pattern that indicates a bullish reversal.
- Investors should watch key support levels on Meta’s chart around $482 and $452, while also monitoring important resistance levels near $588 and $632.
Meta (META) shares were holding steady Monday as the Facebook and Instagram parent prepares to report first-quarter results after Wednesday’s closing bell.
Investors will be paying close attention to the social media giant’s ad revenue outlook, amid…
