2waytrading

Patient Investors are always rewarded (Pull Back is in process)

NASDAQ:FB   FACEBOOK INC
210 0 1
3.15% one day drop plus above average volume is a red flag but not a bad news for those who wanted to get second chance or missed previous entry. There were two major buy zones last few months and each had a good pull back and gave a chance many who missed. When price broke out upside from above 45 the high of the 1st day of the IP             that lasted almost six months with gain of 62%, followed by a pull back of 23% that lasted in a few weeks or about a month. Price held well 38.2% this was the confirmation of the second buy which gained before today 41% $80 was a relative target for many but it can still run to $89.$91.00. We will wait with patience next buy level at and around 69.50-72.59. If you want to get real time alerts try us www.2waytrading.com
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