Meta Platforms may fall to 542.00 - 556.00

Pivot

582.00

Our preference

Short positions below 582.00 with targets at 556.00 & 542.00 in extension.

Alternative scenario

Above 582.00 look for further upside with 591.00 & 600.00 as targets.

Comment

The RSI has broken down its 30 level.

Supports and resistances

600.00

591.00

582.00

563.44 Last

556.00

542.00

527.00

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