Facebook FBUSD

jakerouster13

Floor seams to be hanging in there (Blue) Possibility of a reverse head and shoulders I think FUD panic will strike and establish a new floor 200 then retest This one is a tough call any feed back would be appreciated

icaglar7

Hello! We see that there is a downside channel in FB stock. For the ones who ask the entry level to that stock is around 357$ Why? 1. We should be sure that the downtrend is over (Above the blue channel) 2. We should believe that the resistance area (red area) is broken upwards. So, do not hurry to go long for facebook, just wait the right time. Stay safe!