Stocks

Meta Platforms may fall to 441.00 - 454.85

2024-07-18

Pivot

478.00

Our preference

Short positions below 478.00 with targets at 454.85 & 441.00 in extension.

Alternative scenario

Above 478.00 look for further upside with 493.65 & 508.00 as targets.

Comment

The RSI is bearish and calls for further downside.

Supports and resistances

508.00

493.65

478.00

460.58 Last

454.85

441.00

430.00

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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