Facebook Stock Is Setting Up For A Big Move

On a short term basis, there doesn’t appear to be much evidence that Facebook stock will move one way or the other.  It’s been in a range for a while with no apparent direction.  Until you look at the larger time frame in the weekly chart numbers.  I detail some of the obvious signs, at least to this analyst, and give you some general target areas FB can achieve.

Markets move on emotion.  Analysis and conclusions are based on probabilities.  When the two meet, investors and swing traders on the correct side reap great profits.

I try to put you on the right side of as many trades as possible.

About the Author

Trading and investing in markets is second nature to some, but a mystery to others. The goal is to provide a forum where everyday people aspiring to be part time or full time traders will learn how view markets differently and profit beyond their wildest dreams.

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