Meta Platforms may fall to 484.00 - 494.00

Pivot

510.00

Our preference

Short positions below 510.00 with targets at 494.00 & 484.00 in extension.

Alternative scenario

Above 510.00 look for further upside with 521.00 & 530.00 as targets.

Comment

The RSI is bearish and calls for further downside.

Supports and resistances

530.00

521.00

510.00

503.40 Last

494.00

484.00

470.00

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