3 weeks ago in 23 July, FB
gap up to the upper channel resistance and retraced to almost where the breakout began (71.3), subsequently, it proceed higher and eventually broke up of 77.5.
However, a MACD bearish
divergence has warned investor not to listen to news time and again.
This false broke out trapped the bullish
Possible target is all the way back to 71.3 again.