Facebook... Trending sideways or going to break away from it?

After Facebook IPO recently .. It plunge down and went sideways in the trendline between 24.4 to 18.6.

Indicators

1 ) Trendline - In the sideway trendline between 18.6 to 24.4 . If break up from the 24.4 will indicate bullish.
2)  Support/Resistance - Formed double bottom at 18.6 ( Slightly Bullish )

3) MACD -Bullish Crossover  and formed 4R1G ( Bullish ) .
4) RSI - Rebound from 50% and trending upwards (Bullish ) ,

5) STO -  Rebound from 20% and bullish crossover (Bullish )
6) Ichimoku -  a) Price entering from the support cloud (Slightly Bullish). If break above it will be bullish confirmation

                       b) Conversion line  below the base line (Bearish).
                       c) Price close above the baseline ( Bullish ) .
7) Candlestick pattern - White Candle after a bullish harami  (Bullish ).

Conclusion

Bullish 

If it can break away from the Support cloud and from the sideway trendline above 24.4 it will become more bullish..

Entry Price at 24.6

Stop Loss at  23

Profit at 25.5

E ( Entry) :24.6  ( Closed at or above it)

S ( Stop Loss) : 23

P ( Profit) :25.5

RRR (Risk to Reward Ratio) =0.56  (Risky)

E ( Entry) :24.6  ( Closed at or above it)

S ( Stop Loss) : 23

P ( Profit) :26.5

RRR (Risk to Reward Ratio) =1.19 (Average)

E ( Entry) :24.6  ( Closed at or above it)

S ( Stop Loss) : 23

P ( Profit) :29

RRR (Risk to Reward Ratio) =2.75  (Slightly Rewarding)

Resistance at 22.6 / 23.4 / 24.4 / 25.7 / 26.7 / 29.4

Support   at 19/ 18.6 / 17.5