Is META’s 3% Surge Backed by Strong Volume?
@Trend_Radar:
$Meta Platforms, Inc.(META)$ Surged +3.43%: Social Giant Powers Through $660s, AI-Driven Recovery Momentum BuildingLatest Close Data META closed at $661.53 on December 5th, gaining +3.43% (+$21.93). Stock trades 16.9% below its 52-week high of $796.25, with elevated volume ratio of 2.41x indicating strong institutional interest.Core Market Drivers Meta continues benefiting from AI infrastructure investments and Reality Labs progress. Recent capital outflows totaling -$124.4M over 5 days suggest profit-taking after strong Q3 earnings, while institutional sentiment remains bullish with 61 analysts maintaining Buy+ ratings.Technical Analysis Volume surged to 29.87M shares (2.41x average), signaling conviction behind the move. RSI(6) hit 72.85, approa
