Meta price stalls – Forecast today
Meta Platforms’ stock price dipped in latest intraday trading and collected recent short-term gains, while trying to gather momentum to rebound and rise anew, as it also vented off overbought saturation in the Stochastic as negative signals emerge from it, amid the dominance of the upward short-term wave, coupled with positive support due to trading above the 50-day SMA, forming a dynamic support for the price.
Therefore we expect the stock to rise and target the pivotal resistance of $740.90, provided the support of $662.70 holds on.
Today’s price forecast: Bullish
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