Facebook is firmly in a uptrend and the infancy of it as well.
For those who have longed early in the week, it is good time to move your stops to break-even.
For those who missed the boat, next week will present a good opportunity but only if price breaks wl-3. It is abit risky as there could be some strong retracement but the energy build-up over the past 2 days may just provide the impetus to punch right through wl-3 with no turning back. Still..if you want to take the trade, be quick and nimble to move your stop to break-even.
It has been an exciting week for this counter and we remain on this counter.