Meta Platforms may rise to 516.00 - 521.00

Pivot

504.75

Our preference

Long positions above 504.75 with targets at 516.00 & 521.00 in extension.

Alternative scenario

Below 504.75 look for further downside with 499.00 & 492.50 as targets.

Comment

The RSI is mixed to bullish.

Supports and resistances

522.21

521.00

516.00

510.95 Last

504.75

499.00

492.50

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