From TradingView · · 30s
Meta Earnings Spike Fades
Meta's price surged after earnings but quickly dropped, testing key resistance levels.
In brief
Meta's price surged after earnings but quickly dropped, testing key resistance levels. Meta's stock price spiked to $749.23 after earnings but fell to $681, testing $678.54 as a critical resistance level. Originally reported by TradingView.
Earnings Spike
Meta's stock price jumped to $749.23 after earnings, more than double the expected move.
Price Drops
The stock fell back to $681, 2.8% below pre-earnings close.
Key Resistance
The bottom of the expected-move band at $678.54 is now the critical test.
The big picture
Meta's stock price spiked to $749.23 after earnings but fell to $681, testing $678.54 as a critical resistance level.
