META climbs cautiously - Analysis - 20-11-2023

Economies.com
2023-11-20 11:38AM UTC

META Platforms' stock (META) rose in the intraday levels, confirming the breach of the pivotal resistance of 326.20, amid the dominance of the main upward medium-term trend, with positive pressure from the 50-day SMA, countered with negative signals from the RSI after reaching overbought levels. 

 

Therefore we expect more gains for the stock, targeting the first resistance at 358.45, provided it settles above 326.20

 

Expected trend for today: Bullish

Stocks Technical Analysis

United States Analysis

Stocks

Honeywell price soars - Forecast today - 21-06-2024
2024-06-21 13:46PM UTC
Honeywell International’s stock (HON) kept rising in the intraday levels, after piercing the ...
United States Analysis

Stocks

Procter & Gamble driven lower by important resistance - Forecast today - 21-06-2024
2024-06-21 13:45PM UTC
Procter & Gamble’s stock price (PG) inched down in the intraday levels, after the ...
United States Analysis

Stocks

Spotify price tries to pierce current resistance - Forecast today - 21-06-2024
2024-06-21 13:44PM UTC
Spotify Technology’s stock price (SPOT) returned higher in the intraday levels, tackling the ...