Meta Platforms may fall to 473.00 - 484.00

Pivot

498.50

Our preference

Short positions below 498.50 with targets at 484.00 & 473.00 in extension.

Alternative scenario

Above 498.50 look for further upside with 510.00 & 521.00 as targets.

Comment

The RSI is bearish and calls for further downside.

Supports and resistances

521.00

510.00

498.50

489.80 Last

484.00

473.00

455.00

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