The analysis focuses on the stock performance of Meta. The stock traded around $752 before earnings, and is currently down 22% trading at $589. Over the last 52 weeks, the stock is up 4%, but over the last 3 years, it's up 430%. The long-term trend indicates that the stock is bullish. A target price of $796 is identified based on 52 week highs. A fail bound of $550 is inferred based on potential short term downside.