Facebook has been in my stocks to buy now video on youtube. This stock will continue to monetize it's list in the short term but long term may become harder as the younger set leaves Facebook for other tools like snapchat
The stock was leading during the first half of 2013 but then caught some downside. Stock found bottom around $18 then regained its 200 EMA above $20 with nice follow through to $25. Now it is flagging (handle) above 200EMA and on Friday broke up and looks ready to continue. Stock is pretty slow on daily basis, so it is in my long term buy watchlist with entry here...
Pair found bottom after downtrend and sentiment changed to the upside. Now it is flagging/consolidating. Need some catalyst to attract more active buyers and investors. Interest rate decision tomorrow could be one of them. I will put feeler here with STOP below support zone at $0.92500 and will ADD more through $0.93000 on break up of "handle". Potential TARGET...