Facebook is currently trading above the 50,100 & 200 moving average .
- Facebook has tested the second resistance and will be looking to hit a new high .
-Take note of the red vertical line as earnings report are due which could boost upside momentum if actual is greater than estimated.
-Facebook is still quite volatile due to its data breach scandal but hopefully management ,is working around the clock to restore investor psychology .
-210 is my first target .
- Facebook has tested the second resistance and will be looking to hit a new high .
-Take note of the red vertical line as earnings report are due which could boost upside momentum if actual is greater than estimated.
-Facebook is still quite volatile due to its data breach scandal but hopefully management ,is working around the clock to restore investor psychology .
-210 is my first target .
Comment:
Getting ready to shoot straight up. Patience