Meta Platforms may fall to 562.00 - 568.00

Pivot

580.00

Our preference

Short positions below 580.00 with targets at 568.00 & 562.00 in extension.

Alternative scenario

Above 580.00 look for further upside with 585.00 & 591.00 as targets.

Comment

The RSI is mixed to bearish.

Supports and resistances

591.00

585.00

580.00

573.50 Last

568.00

562.00

542.00

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