Long

Watch out , Facebook !

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Plenty of rooms to move upstairs once the 2 levels of resistance at 12.34 and 14.29 are cleared.
Wait for 9.03 to be cleared first before initiating a buy.
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Praise Lord. Price did in fact retreat to 8.90, assisting buyers to get in. What a nice jump!
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5 days in a row it has gone up! Probably retrace to 9.75 where we get a 2nd chance to buy
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It closed with a nice dragon fly doji pattern on 10 Jan. This pattern means bulls and bears fight during the day but at the end of day, the bulls win, pushing the price up, thus you see a long tail candle. This is a bullish signal and I expect price continuation to take place next week. Good to accumulate .
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Now we wait for 10.88 resistance area to be broken up. Congrats to those who longed this stock
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add long
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target 1 hit. take partial profits and let remaining run....
Chart PatternsTrend Analysis

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