Core Viewpoint - Meta Platforms' stock is projected to reach $770 in the coming weeks, requiring a 13% increase from its current price of approximately $680, following a nearly 15% gain over the past month [1][6]. Technical Analysis - A technical analysis indicates that Meta has shown its strongest short-term bullish signal in over two years, marked by a four-hour golden cross, which typically signals the beginning of a sustained upward trend [3][5]. - The current chart setup resembles a historical pattern from January 2023, which preceded a significant rally from under $120 to over $300 within a year [4][5]. - The four-hour Relative Strength Index (RSI) patterns from 2022-2023 align closely with current conditions, supporting the potential for a similar upward trajectory [5]. Macroeconomic Factors - Meta's stock rally could be further supported by favorable macroeconomic conditions, such as potential interest rate cuts and advancements in global trade agreements [6]. - The next major technical target is identified as the 1.786 Fibonacci extension level, which is above $1,000 before any significant market correction occurs [6]. Analyst Insights - JPMorgan has revised its price target for Meta from $675 to $735, citing the company's strong position in social graph ownership, advertiser targeting, and strategic investments in AI and the Metaverse as key growth drivers [6][7]. - The bank's analysts describe Meta as an "enduring blue-chip company" benefiting from a unique combination of scale, growth, and profitability [9].