Meta Platforms may rise to 513.00 - 519.00

Pivot

501.00

Our preference

Long positions above 501.00 with targets at 513.00 & 519.00 in extension.

Alternative scenario

Below 501.00 look for further downside with 496.00 & 490.00 as targets.

Comment

The RSI is above its neutrality area at 50%.

Supports and resistances

525.00

519.00

513.00

506.69 Last

501.00

496.00

490.00

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