$FB - A little risky given the risk to reward!
1. 
FB jumped over it's 10 day and 50 day SMA today on a very high volume.
2. The volume was higher than any down day volume in last 10 days.
3. It also cleared an important resistance level marked in red.
I would go long if it stays above this resistance level tomorrow and put a stop just below the green resistance line.
FB jumped over it's 10 day and 50 day SMA today on a very high volume. 2. The volume was higher than any down day volume in last 10 days.
3. It also cleared an important resistance level marked in red.
I would go long if it stays above this resistance level tomorrow and put a stop just below the green resistance line.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.