FB Long Opportunity with Institutional UOA.
FB: Broken out of a pennant and had a healthy retracement/correction last week while maintaining bullishness. Entry on break of 319/320 with good volume/momentum will send this one flying quickly up to the 330's. We also saw lots of unusual options activity with multi-million dollar sweeps 1-2 weeks back betting on 330's for July for a swing trade. Setup is invalidated if it breaks below 305.
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