iBankCoin
Don't pay dollar to keep 2 cents when wrong. Cut your losses quickly. Trade what you see, not what you think.
Joined Oct 26, 2011
719 Blog Posts

The Perfect Storm for $FB to go up!

1st storm: Is Facebook Home a Threat to Google?

2nd storm: Google, Microsoft Being Disrupted by Mobile Apps: Pro

3rd storm: Buy Signal: Facebook Widens Data Targeting

4th storm: See weekly $FB chart below:

FB_weekly

 

We have a strong bullish bar last week near support, two momentum indicators turning the corners to the upside.

Need me to say more?

I doubled down on $FB this morning.

My 2 cents.

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20 comments

  1. Sooz

    yes indeed..

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  2. OldDix

    I see it with different indicators, but I’m onboard. I jumped in last Friday, so maybe I should buy some more. 🙂 http://dixstock.blogspot.com/2013/04/facebook.html

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    • Zenhunter

      Indicators are like glasses, we all wear glasses for now. One day, I will like to be able to read a chart without glasses… but no matter, we are both seeing the same thing. As to buying more, ask your stomach. Does it feel tight? Butterfly? Hungry? Just a thought… 🙂

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  3. raul3

    she’s looking good

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    • Zenhunter

      I’m having a hard time deciding who I like better, $AAPL or $FB. Perhaps, I just two-timing them, eh? 🙂

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    • Sooz

      like the real thunderbolts and lightening taking place outside this very moment(Mi.), a perfect storm, Sir Raul..
      AHhhh..very romantic indeud!!

      *love thunderstorms

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      • Sooz

        by next week, if I’m lucky, I will be cranking up the John Deere…;) )

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        • Zenhunter

          John Deere? Are you into farming?

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          • Sooz

            well h#ll yeah..from dawn to dusk.
            I like to go barefoot all day long, too. Hey, if the city of ‘Swanky Richville’ didn’t have so many ordinances I’d probably have a few horses, some oxen and maybe a rooster or two.

            😉
            mostly flower gardens..some vegs and a lot of grass(Deere mower..no tractor but I really am a country girl at heart)

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          • Zenhunter

            I hear walking around barefoot gives you a sense of freedom one barely feels anymore these day… Veg! There is nothing like a true freedom of knowing that you can feed yourself without having to go grocery shopping.

            Congrat to your choice of lifestyle. 🙂

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      • raul3

        Sootz, this weather…I love it. Best spring in the last five years.

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        • Sooz

          very much agree..

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          • Sooz

            With exception, of course, to the snow forecast for this Friday. On the flip~side one last freeze should produce a nice bumper crop for the perfect hunt of Morels in May. Gotta love that!!

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      • Sooz

        *lightning..
        oopsa there..

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  4. Sooz

    Very Zen of you, oh masterful one. Thanks so much.
    Believe me, I still drop plenty of dimes at the super~de~duper market.

    nice trading today..

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  5. Sooz

    nice move there off that 82 level, from two weeks ago, with huge strength today.

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  6. Sooz

    a perfect day to weed my gardens..

    and cut that green grass..

    😉

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