I mean seriously? I could say it might be light, it might be dark or we may get a little bit of both. So you have no clue either. This market pisses me off. The machines are controlling the stock movement today. Just watch it every time it runs to the $121.70s. Smacked back down to the $121.50s. This stock should be trading minimally at $135-$140. Hopefully I'll get my wish before August traders take this bloated market down.
This I agree with. You are so right. So how high do you see FB going? It's dangerous Aug. you said "one path was all the way to $150," which is higher than any prediction I've read. The Head&Shoulders formation. But markets are getting tired. I would be happier than a pig in ---- if FB miraculously reached $140. (PS you see SIRI? $4.30. Took 2 3/4 years.)
I think you're misunderstanding me. I was just pointing out the $117.68 blip. Not that share price wouldn't run up. I am a believer FB blows out earnings and will reach minimum $132-$135.
What story? Should we expect a decline at earnings rather than a move higher? Head and shoulders formation out the window? Earnings will not matter? What's your take? (Straight answer. No cryptic response please.)
What's up with BTIG and it's consistent history of FB downgrades!!!???😡😡😡😡
Check out these links and see for yourself:
Is this b.s. Or what? What blatant manipulation. Shares go beyond the analysts target price of $127 and like a kid who couldn't get his way, says sorry share price went beyond MY price target of $117 so screw unshareholders. I hope this SOB looks like an idiot July 27th.
Weekly chart shows resistence at $122.69, the upper Bollinger Band. In the past, the upper Bollinger Band has been rejected and prices have pulled back from there. In this case, if you look at a FB chart, the upper Bollinger Band is 122.69. For day traders, knowing this info could be very helpful.
Your $150 call as one of the possible "paths" intrigues me Timewarp. Usually with a cup and handle formation, there's a great chance that the share price could rise as much as 25% on a huge but of news, or in FB's case, a huge beat at earnings. My calculations have the price at the handle around $114 which brings the potential price action to around $142-$143. How do you see a run to $150? The split? $50 a share?
$150 may sound crazy to some but it's funny I had a few other technitions I confer with who said if FB has huge earnings and runs it could absolutely go to $140-$150. $50 a share split would be incredible.