Price action has worked pretty well in facebook stock for quite a while.
The price above the 200 MA indicates that price is in a bullish momentum ( attention: this is for the long term, so is the "momentum" word refered).
Target price is set at $110 area.
---DO: R/R: 1:2 or more.
---DO NOT: Risk More than 1 or 2 % of youre account balance.
---DO NOT : Jump in the trade without a proper research on the stock
PS: maybe entry point won't be $ 95, but we reccomand that area of price.
----------LUCK DOES NOT EXISTS IN THE MARKET.-----------
The price above the 200 MA indicates that price is in a bullish momentum ( attention: this is for the long term, so is the "momentum" word refered).
Target price is set at $110 area.
---DO: R/R: 1:2 or more.
---DO NOT: Risk More than 1 or 2 % of youre account balance.
---DO NOT : Jump in the trade without a proper research on the stock
PS: maybe entry point won't be $ 95, but we reccomand that area of price.
----------LUCK DOES NOT EXISTS IN THE MARKET.-----------
Trade fechado: objetivo atingido
