Meta Inventory Rises as Firm Unveils Plans to Introduce WhatsApp Advertisements—Watch These Key Ranges

Meta Platforms (META) shares rose Monday because the tech large introduced plans to introduce paid promoting to WhatsApp, a transfer that expands the corporate’s revenue-generating alternatives.

The corporate, which expects to launch a number of promoting options globally over the subsequent few months, mentioned that it’s introducing channel subscriptions, promoted channels, and advertisements to its WhatsApp Updates tab, which it says attracts about 1.5 billion customers each day.

Meta shares, which rose practically 3% to shut round $702 on Monday, have gained 20% for the reason that begin of the 12 months and are simply 5% beneath their report excessive, set in mid-February, as of Monday’s shut. The inventory, which is the highest performing member of the Magnificent Seven to date in 2025, has impressed traders with robust AI-driven advert income progress and plans to considerably increase its AI capability.

Final week, startup Scale AI mentioned the social media large had made a “vital new funding” within the firm, with the event following stories that Meta CEO Mark Zuckerberg has been annoyed with the corporate’s degree of AI progress.

Beneath, we take a more in-depth take a look at Meta’s chart and apply technical evaluation to determine essential value ranges that traders will doubtless be watching. 

Pennant Sample Breakout

After reclaiming the 50- and 200-day transferring averages, Meta shares consolidated inside a pennant earlier than decisively breaking out from the sample earlier this month. Furthermore, the relative energy index confirms bullish value momentum and sits beneath the indicator’s overbought threshold to offer room for additional upside.

Nonetheless, it’s price noting that inventory’s rally from its April low has occurred on declining buying and selling quantity, suggesting that bigger market participant, corresponding to institutional traders, stay on the sidelines.

Let’s determine two essential overhead areas on Meta’s chart to observe if the shares proceed climbing and in addition find key help ranges price watching throughout potential pullbacks within the inventory.

Necessary Overhead Areas to Monitor

Additional upside momentum may see the shares initially climb towards $741. This space on the chart would doubtless entice vital consideration close to the inventory’s all-time excessive (ATH).

Buyers can forecast a value goal to observe above the ATH by utilizing the bars sample device. When making use of the evaluation to Meta’s chart, we extract the value bars comprising the inventory’s transfer larger previous the pennant and overlay them from the sample’s breakout level. This tasks a goal of round $865 if a continuation transfer performs out, implying 23% upside from Monday’s closing value.

Key Help Ranges Value Watching

The primary key help degree to look at sits round $635, just under the pennant sample’s breakout space. The shares could entice shopping for curiosity on this location close to a collection of peaks that fashioned on the chart between December and March.

Lastly, a detailed beneath this key degree may see Meta shares revisit decrease help close to $603. Buyers could search entry factors on this area close to the transferring averages and a horizontal line that connects a variety of corresponding buying and selling exercise on the chart stretching again to final October.

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As of the date this text was written, the writer doesn’t personal any of the above securities.