Meta Platforms intraday : rebound towards 641.05

Our pivot point is at 623.66.

Our preference: rebound towards 641.05

Alternative scenario: below 623.66, expect 618.14 and 614.85.

Comment: the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 634.80 and 642.70).

Supports and resistances:

647.66 **

644.36 *

641.05 **

637.75

630.87 USD - last

625.83

623.66 **