FB bullish move
FB has been consolidating nicely and the ER was a non-event even midst a decent beat. While the longer term outlook of ad-based revenue may be in jeopardy with where the industry might be going, the technicals look sound for a bullish breakout soon enough. The weekly looks wound up and should produce an explosive move to either direction soon. My money would be on the upside and so will start to nibble on some Mar 290C.
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