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 mixed with a bullish bias.

Supports and resistances

575.00

560.00

540.00

532.00 Last

523.00

510.00

500.00

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