shomikghosh2
Long

FB "Cup and Handle Forming"

BATS:FB   FACEBOOK INC
190 0 1
Facebook             looks great right now, I have not traded this name before but the clear cup and handle on the daily is a great sign of new highs to come for this stock especially as it gets added to the S&P 500             and 100 indices , the cup has a height of approximately ($6 on the conservative side) giving a target of $60 from here, i expect some profit taking up here at these highs to form the handle with a large leg up on Friday to start the rally
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