Could Meta Platforms (META Stock) fall towards the 127 level?

Today’s instrument is the Meta Platforms Inc. traded in Nasdaq exchange under the ticker META.

Looking at the META‘s chart, we can see that it is traded at around $137.4. Today it is announcing its quarterly earnings and if the market’s anticipation is positive then we could expect it to rise towards its resistance level at around $141.80 otherwise it should fall towards its support level at around $127.