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highstakes

03/08/13 1:02 PM

#4054 RE: MMStockPlay #4053

i have some fb. is a long hold for me :)
short term fb may retest 30 :)

aapt wheels....
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Bob-C

03/08/13 11:15 PM

#4055 RE: MMStockPlay #4053

You're welcome Tyler, here's the FB daily TL chart:



The FB daily TL chart above depicts FB rising within a broadening-wedge formation.

Here is the FB daily TL chart:



The FB daily TL chart above indicates that FB has formed an inverse H&S formation with a neckline at approximately 32 and a potential measured move to 46 if FB closes above its H&S neckline at 32.

Hee is the Barchart technical opinion on FB showing and overall 32% buy rating.

Have a happy and fun-filled weekend.

Best,

Bob