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.