Meta Platforms stock price (META) inched up in the intraday levels, amid the dominance of the main upward trend, while trading above the 50-day SMA, countered with negative signals from the RSI after reaching overbought levels, in turn hindering gains.
Therefore we expect more gains for the stock, targeting the pivotal resistance of $531.50, provided the support of $453.00 holds on.
Trend forecast: Bullish