Meta Platforms may rise to 509.70 - 526.00

Pivot

483.00

Our preference

Long positions above 483.00 with targets at 509.70 & 526.00 in extension.

Alternative scenario

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

Comment

The RSI calls for a new upleg.

Supports and resistances

545.00

526.00

509.70

490.20 Last

483.00

466.00

451.00

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