trendyprofits
Long

$FB Rinse and Repeat?

NASDAQ:FB   FACEBOOK INC
$FB is currently in a post earnings dip (a good thing). This is what is needed in order to reset the stock to afford us another buying opportunity. As you can see, the stock has made a habit of dipping around 10% for around 70 days before the breakout occurs. If this holds true, the best buying opportunity comes in around day 50-55. This would set the stock in the current $120 range, but we have to make sure there is no breakout for 5 weeks, or it doesn't meet the buying requirements. Be patient and maybe good things will come.
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