META ready for another breakout

Meta Platforms Inc. (Facebook)

July 29, 2025

About META

Meta Platforms, Inc. engages in the development of social media applications. It builds technology that helps people connect and share, find communities, and grow businesses. It operates through the Family of Apps (FoA) and Reality Labs (RL) segments. The FoA segment consists of Facebook, Instagram, Messenger, WhatsApp, and other services. The RL segment includes augmented, mixed and virtual reality related consumer hardware, software, and content. The company was founded by Mark Elliot Zuckerberg, Dustin Moskovitz, Chris R. Hughes, Andrew McCollum, and Eduardo P. Saverin on February 4, 2004, and is headquartered in Menlo Park, CA.

Feature Story

Technical Analysis

META, formally known as Facebook, has been on a recent tare since the end of 2022. Through a combination of great earnings reports, investing A LOT into AI, and with the help of creating a world of VR, Meta has seen an impressive run in value.

Just to give you an idea how much Meta has moved, above is a daily chart from mid 2022 when it bottomed at just under $90 to peaking now at around $719.63 at the time of writing this article (7/29/25). Yes, that is about a 700% increase in value.

Now look at the chart below. This is still a daily chart but zoomed in to just year to date (YTD). Meta followed the rest of the market this year and had a big dip back when tariffs were announced and the world didn’t now what the American government was going to do next. However, as you can clearly see META recovered and retested its all time high (ATH).

I added a resistance and support line to better help you understand what I want to see with META. With earnings coming up on Wednesday (7/30/25), this could be a key level to maintain or break out of with good news. I suspect there won’t be much movement today and if there is, probably nothing past either the support or resistance level until we hear from META and their earnings report.

What are we looking for next? If earnings is good, I want to see a new ATH and then for META to create a bullish signal to show that it wants to keep moving upward. For META to make a new ATH, we’re looking at a 4% upward movement from where it is today and that’s not asking for a lot. If META misses on earnings than I would like to see a bounce on the support level of $704 range. If it dips below that, my next support level would be in the $680 range.

A Final Note

META has a lot going on. A lot of their income relies still on Facebook and their ad space. However, remember that META also owns, WhatsApp, messenger, oculus, and Instagram. There is a lot to this company. Also, Zuckerberg has been in the news lately for hiring a VERY expensive AI team to help launch META into the forefront of AI and VR. Any dip at this point may be a good entry.

“Never financial advice, just a thought.”

-Bremcakes