Meta Platforms may rise to 542.80 - 548.00

Pivot

522.35

Our preference

Long positions above 522.35 with targets at 542.80 & 548.00 in extension.

Alternative scenario

Below 522.35 look for further downside with 510.60 & 500.00 as targets.

Comment

The RSI is mixed and calls for caution.

Supports and resistances

555.00

548.00

542.80

527.82 Last

522.35

510.60

500.00

Number of asterisks represents the strength of support and resistance levels.