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 to bullish.

Supports and resistances

555.00

548.00

542.80

531.19 Last

522.35

510.60

500.00

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