Chart of the Day: Facebook and the Round Number Breakout

Today’s chart of the day is Facebook, which despite a tepid earnings reaction this quarter is showing strong relative strength versus the market and looks to make a run to $100.

Keep an eye on this $100 level, which also is near the all-time high breakout level. Entry can be made on breakout or early in anticipation of the breakout.

Subscribe to The Market Speculator by Email and never miss a post! 

If you would like to learn more about how I trade, receive my nightly focus list with market analysis, setups and trade alerts, sign up for a 14 day free trial at BullsonWallStreet.com.

One thought on “Chart of the Day: Facebook and the Round Number Breakout

Add yours

Leave a comment

Create a free website or blog at WordPress.com.

Up ↑