Stocks

Meta Platforms may fall to 568.00 - 573.00

2024-10-19

Pivot

585.00

Our preference

Short positions below 585.00 with targets at 573.00 & 568.00 in extension.

Alternative scenario

Above 585.00 look for further upside with 590.00 & 595.00 as targets.

Comment

The RSI is bearish and calls for further decline.

Supports and resistances

595.00

590.00

585.00

577.59 Last

573.00

568.00

542.00

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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