"Google’s parent Alphabet reported a 17.4% rise in quarterly revenue, driven by strong advertising sales on mobile devices."
Thats what is driving FB growth, ADVERTISING ON MOBILE DEVICES. AND FB IS THE KING IN MOBILE !!!
And / or below 110.63, which is a key number for today -last weeks close- . If it closes below last week close, the graph would show TWO weeks of big volume distribution. Good for shorts or institutions that want to add at lower price before earnings next week.
So 3 dollars is your dilema? Who cares about 3 bucks? Think big.
Specially now when the FB is still in its growth years.
Got 115.8 on my sale, bought 114.50 ( both on average) The most important is that got my shares back and some money to party.
I sold today 50% of my remaining stake @ 116.8, good profits to leave on the table. So only holding 25% of my original investment. So what, I trade, and did not feel comfortable NOT taking nice profits at this moment. Good luck to all longs, I look forward to add more again, when I feel my profit/risk ratio improves.