Meta Platforms Inc. has surged following an earnings beat, reaching the 740 area gap that acts as strong resistance. The price also hits the upper boundary of the triangle range, suggesting wave D may face resistance. An open gap at 665 could provide support if filled, especially if wave E is absent. Observers anticipate new upside opportunities once the triangle and wave four structure conclude, aiming to catch wave five. Key points include the strong reaction to earnings, resistance at 740, potential support at 665, missing wave E, and future upside potential after wave four.
Read more at Barchart: Meta Rallies After Earnings as Key Resistance Comes Into View
