Stocks

Meta Platforms may rise to 510.00 - 526.00

2024-08-09

Pivot

487.00

Our preference

Long positions above 487.00 with targets at 510.00 & 526.00 in extension.

Alternative scenario

Below 487.00 look for further downside with 477.00 & 466.00 as targets.

Comment

The RSI shows upside momentum.

Supports and resistances

545.00

526.00

510.00

505.65 Last

487.00

477.00

466.00

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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