META Clears Resistance, EMAs Confirm at $762.50
Meta Platforms Inc (META) ticked higher by 2.63% to $762.50 on October 13.
Chart analysis reveals a bullish configuration:
Moving Averages
Moving averages are stacked bullishly—9-day EMA ($735.65) supports, 21-day ($714.94) below.
Momentum
RSI at 66.1 is neutral but improving. MACD is bearish (25.87 vs signal 28.85).
Volatility
Bollinger Band width at 14.9% indicates normal volatility.
The bullish trend is intact, but overbought momentum readings suggest waiting for a pullback.
Traders are watching $673.50 on the downside and $781.83 on the upside.
