Price action has worked pretty well in facebook stock for quite a while.
The price above the 200 MA indicates that price is in a bullish momentum ( attention: this is for the long term, so is the "momentum" word refered).
Target price is set at $110 area.
---DO: R/R: 1:2 or more.
---DO NOT: Risk More than 1 or 2 % of youre account balance.
---DO NOT : Jump in the...
These days market is really unpredictable for the small movement (intraday) so pay attention to what you do.
We'll keep buying again from $95 area to our target since we see it as a strong possible uptrend to setted target.
DO: your homework, based on your account size/R/R/etc.
DON'T: Take our trades as advices to invest in the markets.
