Facebook Inc Com (FB)

FB - Daily Chart - Logarithmic Scale
FB sit very tight at his support level at 26.8.
I expect 2 scenario.
  1. FB might move in trading range between 26.8 - 32.
  2. FB form an ABC correction and stop at next support at 25 or 23.3.
I want to see how price move from today.
If price can break green down trend line, then I might enter a bullish position after a retracement.
Resistance at 29 and 32.

I prefer to enter a bullish trade after I see a possible full retracement on FB.
I think it might settle at 25 support level.
Location: Surabaya, Indonesia

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