Stocks

Meta Platforms may fall to 451.00 - 466.00

2024-08-06

Pivot

492.00

Our preference

Short positions below 492.00 with targets at 466.00 & 451.00 in extension.

Alternative scenario

Above 492.00 look for further upside with 507.00 & 526.00 as targets.

Comment

The RSI shows downside momentum.

Supports and resistances

526.00

507.00

492.00

475.98 Last

466.00

451.00

440.00

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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