EvanMedeiros

from fast to faster

Long
BATS:META   Meta Platforms
2
$FB from fast to faster. As i posted yesterday on this name, expect an accelerated trend to form out of the previous channel or a breakdown and gap test. Now that we have our result its safe to say this is a very bullish reaction. But as far as a trade idea, if you weren't a lucky long into ER I would need to see some sideways consolidation or even a pullback to find a level to manage risk against. The 50 or 61.8 retracement would be perfectly healthy and should offer some support.

Evan Medeiros
Founder, Trade Risk
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