FB: Potential Upside to 360?

FB is channeling up nicely and showing potential upside to 360 where the upper band of the channel is sitting as of today, which would imply a new ATH, of course. We have downside to around 300 where we should see notable support. If we lose 300, we still have channel support currently sitting around 285. This is a pretty persistent trend, so I don't expect much deviation outside of a shift in sentiment, which of course could be brought on by a number of factors, not the least of which is logic...
Chart PatternsfacebookFacebook (FB)Technical IndicatorsIWMQQQSPX (S&P 500 Index)SPDR S&P 500 ETF (SPY) Trend AnalysisUS10YUVXYVIX CBOE Volatility Index

Related publications

Disclaimer