2waytrading
Long

Did u Miss $81.16 Entry? (V-Shape Breakout)

NASDAQ:FB   FACEBOOK INC
121 0 1
50-day moving average has been a solid support for multiple years and anytime it touches and bounces off from it will give you a good chance to ride at least 20% if market moves same direction even temporarily as has been August low and now price dancing around 42% gain from that faithful moment. Now earning is away about 9 days after market close on November 4th, and bulls have a full control now and they are not even booking this amazing 42% gain before earning. Will they take the fight to $106.5 next few sessions and hope to pop up at least 9% to mark $116 all time high before they give any ground to the opponents. The chance that to happen is very high if market holds its act next few sessions which many now believe is very overbought along $FB. We have been long since $81.16 and recommend to exit before the earning. If u want a real time alerts http://www.2waytrading.com
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