Meta Stock Soars 160% in 2023 on Optimism for Earnings Growth and New Tech Despite Lingering Questions

Meta stock has surged over 160% in 2023 on optimism about earnings growth and new technology like AI and VR.

Meta aims to ramp up monetization of short-form Reels videos, but questions remain on how much more ad load can increase.

Meta has restored its advertising edge vs. competitors after Apple privacy changes threatened its business model.

Meta is rolling out new VR headsets, smart glasses, AI tools and lifelike avatars, but it's unclear when that tech will pay off.

Meta stock triggered two buy points last week; the stock has an attractive RS line but market backdrop poses some risk.