Meta Platforms (META) Price Forecast: Technical Breakout Signals Higher Prices

January Strength Signals Potential New HighsJanuary looks likely to confirm a bullish reversal on the monthly chart with a close at a three-month high, above $711. Once confirmed, the chance to eventually rise above the record high at $796.25. During January’s ascent, the 10-month average was reclaimed, a sign of strength.Remaining above the 10-month average may lead to a similar advance as seen following the 2022 low. In February 2023, the 10-month average was reclaimed and a strong rally followed, with it ...