Long
Updated

FB Time for a Reversal (Could the Low Be In?)

210
Good spot to load up, I expect some crazy swings/pops for OPEX tomorrow.

History tells us that FB doesn't have much further to go if it does go further down. $245 was prior breakout level previously visited back in October.

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Miniature bull flag in this ascending wedge, target by end of day $255 it holds.

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Target by 1/22 is $261-$265

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Big money jockeying for position in FB for earnings end of month.

Tons of big money call options bought today as well. Buy buy buy, (My opinion only)

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About to break up and out of the intraday descending wedge, end of day target remains $255

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Very pretty descending wedge for us to break out of very soon in my opinion.

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FB

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