Meta Platforms may fall to 500.00 - 510.00

Pivot

523.00

Our preference

Short positions below 523.00 with targets at 510.00 & 500.00 in extension.

Alternative scenario

Above 523.00 look for further upside with 530.00 & 544.00 as targets.

Comment

The RSI advocates for further decline.

Supports and resistances

544.00

530.00

523.00

516.70 Last

510.00

500.00

487.00

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