I am reasonably convinced that FB share is a BUY at current price. The RSI is very low, and the GAP move was way overdone, even considering the results coming out. This is normal for market that was long, and now market is overly short.
BUY current $ 220-235 for a correction back to $ 320-350 area. NO Stop loss I will suggest as I would rather add on further weakness. Just trade small increments to create room for trading.
BUY current $ 220-235 for a correction back to $ 320-350 area. NO Stop loss I will suggest as I would rather add on further weakness. Just trade small increments to create room for trading.