The Buy Price On Facebook I Am Dreaming About
Facebook Inc (NASDAQ:FB) has been taking a beating in the last few weeks. The stock topped out at $72.59 before dumping to a low today of $57.98. This is a dramatic $17.61 (24%) fall. So where does this become a no brainer buy? The level is $53.25 if it hits in the next three trading days. This level is based on a key gap fill as well as a time factor. Some of you may ask why it must hit it in the next three trading days? That is the time factor which is unbelievably important to any profitable trade.