Meta Platforms may rise to 535.00 - 545.00

Our pivot point is at 483.

Our preference

The upside prevails as long as 483 is support.

Alternative scenario

Below 483, expect 466 and 456.

Comment

The RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the stock is above its 20 and 50 day moving average (respectively at 488.5565 and 480.256).

Supports and resistances

556 **

545 *

535 **

524

501.64 (USD-last)

490

483 **

466 *

456 **

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