tech
January 26, 2026
Meta, Microsoft and Apple to report earnings. What the charts show, according to Katie Stockton
The founder of Fairlead Strategies breaks down the technicals in the three tech stocks.
TL;DR
- Megacap earnings are important for major indices as the "Magnificent 7" comprise about a third of the S&P 500.
- Meta Platforms (META) and Microsoft (MSFT) report earnings on Wednesday, both exhibiting favorable technical setups.
- Both META and MSFT have undergone corrective phases, retesting long-term, cloud-based support, with positive technical signals.
- For META, a bullish catalyst would be a gap above $681, targeting the all-time high near $796; a breakdown below the cloud model targets $526.
- For MSFT, a breakout above $481-$485 resistance confirms a positive catalyst, with the next resistance at the all-time high near $555; a breakdown targets $425.
- Apple (AAPL) has also pulled back, showing an oversold condition that may lead to a positive initial reaction, but weak momentum suggests a potential retest of support after an initial move higher.
- AAPL's support lies in the $235-$243 area; a breakout above $275 would signal the correction has matured.
- The earnings outcomes for AAPL, META, and MSFT are likely to impact the broader market, unlike Alphabet (GOOGL) which remains overbought.
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