Not much to say about this one. Expected short bounce then a lot of upside afterwards. Not too long ago this share was trading at $300+ but it's been hammered due to bad news and general trading.
I finally expect the trend to alter and for this to go back above the $300 mark (pending no bad SEC news etc etc). I have identified the major support / resistance lines (the red dashed horizontal lines), this is where large traders will tend to place their sells / buys depending on news and general direction.
***TRUST IN THE THE BIG FACEBOOK THUMBS UP OF PROFIT***
Good luck all!
I finally expect the trend to alter and for this to go back above the $300 mark (pending no bad SEC news etc etc). I have identified the major support / resistance lines (the red dashed horizontal lines), this is where large traders will tend to place their sells / buys depending on news and general direction.
***TRUST IN THE THE BIG FACEBOOK THUMBS UP OF PROFIT***
Good luck all!