Stocks

Meta Platforms may rise to 603.00 - 620.00

2024-10-08

Pivot

580.00

Our preference

Long positions above 580.00 with targets at 603.00 & 620.00 in extension.

Alternative scenario

Below 580.00 look for further downside with 568.00 & 554.00 as targets.

Comment

The RSI calls for a new upleg.

Supports and resistances

635.00

620.00

603.00

585.80 Last

580.00

568.00

554.00

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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