Meta Platforms may rise to 526.00 - 538.00

Pivot

500.00

Our preference

Long positions above 500.00 with targets at 526.00 & 538.00 in extension.

Alternative scenario

Below 500.00 look for further downside with 487.00 & 477.00 as targets.

Comment

The RSI is around its neutrality area at 50%

Supports and resistances

545.00

538.00

526.00

514.40 Last

500.00

487.00

477.00

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