META Stock Holds Monthly 13 EMA Support as $800 Target Comes Into Focus Ahead of Earnings

Meta Platforms Inc. shares are stabilizing near their monthly 13-period exponential moving average, a technical level that has repeatedly acted as support during past uptrends. With earnings approaching, traders are closely monitoring whether this structure could set the stage for a renewed move toward the $800 level.

The stock has rebounded from the same monthly EMA zone multiple times in previous cycles, with each pullback attracting buyers before sustained advances followed. On the long-term chart, the current setup mirrors earlier periods where META resumed its uptrend after consolidating near this support.

Technical Structure Remains Intact

Historical price action shows META respecting the monthly 13 EMA as a launch point during prior rallies. In those instances, rebounds from the level were accompanied by expanding volume, suggesting participation from institutional investors.

While the current move does not yet confirm a breakout, the ability to hold above this long-term support has kept the bullish structure intact. Traders note that a decisive breakdown below the EMA would likely shift sentiment and introduce renewed volatility.

Earnings in Focus After One-Time Charge

Market sentiment has also shifted following Meta’s absorption of a $15.9 billion one-time charge tied to the “Big Beautiful Bill,” which weighed heavily on reported net income and triggered a sharp selloff earlier in the year. With that event now priced in, attention has turned back to core operating performance and forward guidance.

As earnings approach, investors are evaluating whether the company can deliver results strong enough to reinforce confidence in the broader technical setup.

Why It Matters

• META is a major component of large-cap technology and communication services indexes
• A sustained bounce could support broader sector sentiment
• Failure to hold monthly support may increase volatility into earnings
• The $800 level remains a key psychological and technical reference point

What’s Next

Market participants will be watching whether META can maintain support above the monthly 13 EMA heading into its earnings report. A strong reaction could open the door for a move toward $800, while a breakdown below support would likely prompt reassessment of the near-term trend.

My Take: This monthly EMA test looks clean, and META’s history of bouncing from this exact level makes it worth watching. If support holds into earnings, $800 becomes a realistic target. The charge is behind them—now it’s about execution.

Source: Twitter Post by Banana3