(Finance) – Shine Meta Platformswhich changes hands with an increase of 14.19%, after announcing a positive outlook and revenues returning to growth in the first quarter.
“We had a good quarter and our community continues to grow,” said Mark Zuckerberg, founder and CEO. “Our AI work is driving good results in our apps and in our business. We are also becoming more efficient so being able to build better products faster and put us in a stronger position to deliver on our long-term vision.”
On a weekly basis, the stock’s trend is more solid than that of NASDAQ 100. At the moment, therefore, the appeal of investors is aimed more decisively at thecompany that manages Facebook compared to the reference index.
The medium-term structure remains positive, while signs of contraction emerge due to the short-term approach forced to deal with the resistance identified at USD 241.4. The functional role of support offered by 236.8 is still excellent. Overall, the general context could justify a continuation of the consolidation phase towards 234.4.