Meta Platforms may rise to 513.00 - 525.00

Pivot

500.00

Our preference

Long positions above 500.00 with targets at 513.00 & 525.00 in extension.

Alternative scenario

Below 500.00 look for further downside with 490.00 & 484.00 as targets.

Comment

The RSI calls for a new upleg.

Supports and resistances

550.00

525.00

513.00

504.61 Last

500.00

490.00

484.00

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