trying to base out instead of bleed out

$FB downside with facebook this week is that it gave back the entire gap from the 10th but on the plus side it did seem to rally off the low 23s creating a nice double bottom on the daily and a possible inverted head and shoulders on this timeframe. You really want to see this stock hold the lows from Friday and begin to make its way back up to the upper 24s. You can get a cheap look at a long at this price using 23 as a stop. Have not been paying too much attention to this name as of recently but i will have it on the radar this week for potential long.