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 is mixed and calls for caution.

Supports and resistances

548.00

530.00

522.75

512.58 Last

510.30

505.00

498.00

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