Stocks

Meta Platforms may rise to 522.75 - 530.00

2024-07-04

Pivot

500.00

Our preference

Long positions above 500.00 with targets at 522.75 & 530.00 in extension.

Alternative scenario

Below 500.00 look for further downside with 493.25 & 484.00 as targets.

Comment

The RSI is above its neutrality area at 50%.

Supports and resistances

543.00

530.00

522.75

510.00 Last

500.00

493.25

484.00

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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