2waytrading

$FB Proved us wrong last two calls but still not convinced yet

NASDAQ:FB   FACEBOOK INC
197 0 1
Though we had successfully traded this stock more than 5 times since break-out from the base (May) last 2 calls did not meet our standard and failed us miserably. Now, it seems pundits to hold or exit slowly and let others hold the bag, but $80 will be a well watched area and a possible target either the rounded bottom or what looks cup and handle projected target. Remain mildly bearish intermediate and bullish short term. As long price stays above the blue line will stay sideline. If you want a real time alerts www.2waytrading.com
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