54.59 support held very well. There is very nice bull flag formed above it. Yesterday (7/26) bullish momentum started. Today (7/27) if we see momentum to the new high it means bull flag is broken and we can expect another bullish momentum.
We have seen facebook on big bullish run. In the last two days it has formed triangle that looks ready for continuation. If we see bullish momentum to the new highs it is high long trade probability.
