The shares of Meta Platforms Inc., a US multinational holding company and owner of the technology conglomerate behind Facebook, have been trading within a long-term downward channel. In mid-last month, the price reached the upper boundary at around 687.50, corresponding to Murray level [6/8], but failed to break above this resistance.

Shares of Meta Platforms Inc., an American multinational holding company that owns a technology conglomerate and the largest social network Facebook, are trading at 607.00.