Meta Platforms may rise to 540.00 - 548.00

Pivot

520.00

Our preference

Long positions above 520.00 with targets at 540.00 & 548.00 in extension.

Alternative scenario

Below 520.00 look for further downside with 510.60 & 500.00 as targets.

Comment

The RSI is mixed with a bullish bias.

Supports and resistances

555.00

548.00

540.00

532.50 Last

520.00

510.60

500.00

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