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A simple chart defined by higher highs / lows =)
Well most of us know the fundamental potential that is still capable of Facebook, including one of the surprises Q&A answers by M. Zuckerberg showing his interest in involving FB within the Bio-tech industry. But what this post is about is the technical aspect of trading the company. Currently the stock finds itself in a channel slowly but surely grinding higher highs and lows making for some decent swing trading. Also, you'll find another technical level to look for buying opportunities once price nears the 200 Moving Average.
Cheers =)
Cheers =)
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