For the last 3 earnings, FB drops 10% and then go for a run either right afterward or a couple of weeks after. I think this time is no different. It looks like this time the dip buying point is around 340 in sync with the trendline and the 50-day moving average.
Looks pretty consistent. I messed up this trade today haha.
UnknownUnicorn7245819
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@WaverVanir, Consistent isn't? Just noticed the pattern today.
UnknownUnicorn7245819
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One possible scenario for the upcoming months is FB could see some sideway actions between 330 and 370, since growth could be slowing down a little bit