Meta Platforms is pressing against the $754.82 resistance ceiling at $746.13 with open interest surging and Q3 earnings dropping October 28; a clean break above $763.50 opens the door to $784–$800,...

META opened October 6 with a 2.73% surge to $746.13, reclaiming the upper portion of its recent range and pressing right back into a wall — immediate resistance at $754.82 with the harder ceiling sitting at $763.50. The 24-hour range of $725.57 to $748.88 tells you the battle lines exactly. Meta Platforms will release its Q3 2026 earnings report on October 28, and that date is running everything right now. Institutional investors are accumulating quietly — open interest jumped 7.31% in 24 hours — but the conviction on direction remains deliberately muted. Nobody wants to be over-exposed before a print that has the potential to swing this stock 8–10% in either direction.

Management has guided Q3 2026 total revenue in the range of $61–$64 billion, while the Street is modeling consensus EPS somewhere between $6.76 and $7.54. Given what Q2 delivered on the bottom line, the burden of proof is entirely on Meta to show cost normalization. This is the kind of pre-earnings setup — with price sitting above all key moving averages but momentum stalling — that Blockchain.news readers should approach with defined risk and disciplined entry levels rather than size and hope.

The moving average stack for META is unambiguously constructive on the medium-term view. 55 — this is a stock that has made a significant recovery from its post-Q2 lows and has done the hard work of reclaiming trend.

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