Had this from .45 --> .60 today.
Amazing FB sympathy break out that really did well once the overall market started to cooperate.
Would like to see it go back to .40 and base out. If that holds well and then gets above .45 I might re enter next week. If no pullback then I would enter above .58 on heavy buy volume, Targets above could be .60 .70 .80 and if it really gets cooking .90 and 1.05
On the other hand should it loose .40 with heavy sell volume it could be a good short if shares are available to borrow.
Amazing FB sympathy break out that really did well once the overall market started to cooperate.
Would like to see it go back to .40 and base out. If that holds well and then gets above .45 I might re enter next week. If no pullback then I would enter above .58 on heavy buy volume, Targets above could be .60 .70 .80 and if it really gets cooking .90 and 1.05
On the other hand should it loose .40 with heavy sell volume it could be a good short if shares are available to borrow.