Meta Platforms may rise to 522.75 - 530.00

Pivot

510.30

Our preference

Long positions above 510.30 with targets at 522.75 & 530.00 in extension.

Alternative scenario

Below 510.30 look for further downside with 505.00 & 498.00 as targets.

Comment

The RSI calls for a new upleg.

Supports and resistances

548.00

530.00

522.75

518.78 Last

510.30

505.00

498.00

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