Uptrend in FB

FB formed a double Bottom from 11/18 to 02/19 which was confirmed by the succesful breakout on 14 january. Fueled by the earnings Reports on 30 january FB had a big upside gap. Now we have breakout of the consolidation and so we have further updside potential.

Profit Target 215$, Stop loss 165$

2:1 reward : risk ratio
breakoutChart Patternsconsolidation-breakoutDouble BottomTrend Analysisuptrend

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