Meta Platforms may fall to 486.80 - 498.00

Pivot

514.00

Our preference

Short positions below 514.00 with targets at 498.00 & 486.80 in extension.

Alternative scenario

Above 514.00 look for further upside with 522.00 & 529.00 as targets.

Comment

The RSI advocates for further decline.

Supports and resistances

529.00

522.00

514.00

505.55 Last

498.00

486.80

470.00

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