TradingKey – On October 13, US Eastern Time, Meta Platforms (META) hovered around $760, just 2.54% away from its recent high of $779.8 and only 4.7% away from its all-time high.

If bulls can effectively break through this historical resistance zone, $800 could become the next psychological level; however, if the stock price faces resistance near its previous high again, recently accumulated profit-taking may also be concentrated.

This round of stock price upside is not driven purely by a technical rebound; behind it lies the expectation that Meta will continuously strengthen its AI products and commercialization capabilities. Meta announced that Muse Wonder has been opened to developers and users via the Meta Model API and Muse Code, while…