I don't like the situation around facebook, I don't like their model and the fact they attempted to lie about it, and they are already behind the market as far as performance. They focused too much on cashing in early and didn't listen to their consumers and Instagram is pushing forward.
I have FB at 73.21 inside 6 - 8 months.
156.43 was the acceptable bottom from the technical bullish setup we saw late October, and this is why we go on technical stops and play patient in the overview.