Stocks

Meta Platforms may fall to 454.00 - 460.00

2024-05-22

Pivot

468.00

Our preference

Short positions below 468.00 with targets at 460.00 & 454.00 in extension.

Alternative scenario

Above 468.00 look for further upside with 473.00 & 477.00 as targets.

Comment

The RSI is bearish and calls for further decline.

Supports and resistances

477.00

473.00

468.00

464.00 Last

460.00

454.00

450.00

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

This is not investment advice. Past performance does not represent future performance. Your funds are at risk, please trade with caution and responsibility.


Author:

Paul Reid
Tradingtop

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