TopMarketGainers

Facebook, wait for breakout or break down

NASDAQ:FB   FACEBOOK INC

The barrage of negative news flow seems endless, but damage to the stock is limited.
Along with NfLX , FB still has to put in a new high
Facebook has a massive cash hoard, a moat when it comes to competition and it is election year.
We await the breakout

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Comments

it was bullish then gapped into a downtrend do you feel like the stock succumb to event risk but will hold the uptrend? despite the gap down
Reply
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