Meta Platforms Inc. ($META) has reached a new all-time high, marking its first such achievement since July. On August 22, 2024, the stock surged, with reports indicating a significant bullish sentiment among traders. The stock is noted to be up 10.86% over the past month, reflecting strong investor confidence. Analysts highlighted a notable increase in options activity, including a $1.3 million investment in in-the-money calls with a short expiration. Additional bullish indicators include a strong opening range break above $530 and a potential move towards $560 if upward momentum continues. As the stock approaches its all-time high, traders are closely monitoring resistance levels and potential entry points for further gains. The overall sentiment remains optimistic, with many anticipating more upward movement in the stock price as market conditions remain favorable.