Meta Platforms may rise to 540.00 - 560.00

Pivot

523.00

Our preference

Long positions above 523.00 with targets at 540.00 & 560.00 in extension.

Alternative scenario

Below 523.00 look for further downside with 510.00 & 500.00 as targets.

Comment

The RSI is bullish and calls for further upside.

Supports and resistances

575.00

560.00

540.00

530.33 Last

523.00

510.00

500.00

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