Trading Targets to Watch: Facebook HATERS verus ZUCK and Bulls
Facebook (NASDAQ:FB) got thrashed after failing again at the $28 area of resistance. Apparently, Zuck didn’t step up to the plate.
Tomorrow traders will be stuck in between a wild west face-off. On one hand, we have shorts and Facebook haters looking to break below the $26.90 support area. On the other, we have Mark Zuckerberg and Facebook bulls hoping for a breakout above $28.
WHO WILL WIN?
Given we’re starting the low volume days of summer, this is one of the more exciting day trading battles on the map.
Keep your triggers ready today!