FACEBOOK looks good
Updated
Facebook could resume the up-trend. Currently at the lower parallel. I'm considering a buy at 61.0. Target 72.4 initially (03-11-2014 max) but I'll need to re-evaluate depending on market behaviour. A trade below 56.83 pivot would negate the study projecting the market lower. I don't short stocks anyway as a principle.
Trade closed: target reached
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.