Meta Platforms price tries to gather positive momentum - Forecast today - 26-02-2024

Meta Platforms’ stock (META) fell in the intraday levels while gathering positive momentum to help it rise anew, amid the dominance of the main upward trend in the medium term, with positive pressure from the 50-day SMA, coupled with positive signals from the RSI after reaching oversold levels.

Therefore we expect the stock to return higher, targeting the resistance of 520.00, provided the support of 482.10 holdsa on. 

Trend forecast: Likely Bullish