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Meta Platforms ST : the upside prevails as long as 547.65 is support

Trading Central 2025-05-06 19:12:04
Meta(MVRS)

The configuration is positive.

Our pivot point is at 547.65.

Our preference: the upside prevails as long as 547.65 is support

Alternative scenario: below 547.65, expect 496.24 and 465.64.

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 price is above its 20 and 50 period moving average (respectively at 538.32 and 581.81).

Supports and resistances:

760.17 **

728.78 *

697.39 **

666.00

599.27 USD - last

567.85

547.65 **