Facebook ($FB)

Thought I replied. 102 was the actual price stop.
Its been over a month and $FB has still not found any catalyst to move out of this base.

 

Now we know

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How about rest of this week - 4X expiry

How about next week / week after - EOQ / EOY


I certainly don't know..., but then I don't need to - to make money..., consistently

RN

 

$TWTR Twitter following through with the H&S, while $FB forms bullish flag pattern

 

$FB taking months to form its inverted HnS bottom for a push towards new highs..longer the better (gaining strength)

 

here's a scary chart of the s&p 500




marc

 

Agree with Lloyd W. Coutee. Next year will be definitely a year of new highs for FB.

 

I'd like to see a deep dip for a bounce into next week - how about you?

 

Last week the BSDs closed their books - this week..., only the others remained - not a surprise.., nor unexpected


What would I like to see:

Clean PA / volume come back in

Trade-able / sustainable (matters not the direction) moves -> more movement / less volatility (gamesmanship) / trade-able ranges (when it does)


Then I'd be content as a pig in mud - but until - just gonna require a bit more trading prowess

be brief..., be good..., be gone



ce la vie

RN

 

$FB made a compelling move today. Closer to the 106 level for another test of 108

 

$FB It's been looking for quite some time that it was more a matter of when, not if. It's now looking "when" (now)