Stocks

Meta Platforms may rise to 507.00 - 526.00

2024-08-07

Pivot

483.00

Our preference

Long positions above 483.00 with targets at 507.00 & 526.00 in extension.

Alternative scenario

Below 483.00 look for further downside with 466.00 & 451.00 as targets.

Comment

The RSI is mixed with a bullish bias.

Supports and resistances

545.00

526.00

507.00

494.22 Last

483.00

466.00

451.00

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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