Got to love Facebook Stock

Guess must be a lot of Facebook supporter must have dig in and invest more into this counter.

Previous Buy Call on 15 November

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

S ( Stop Loss) : 23

P ( Profit) :25.5   ( Meet Target Profit  )

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 ( Meet Target Profit  )

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)

Indicators

1 ) Trendline - Broke up from the sideway trend and soaring up  ( Bullish ) .
2)  Support/Resistance - Formed higher high ( Bullish )

3) MACD -Positive Bullish  ( Bullish ) .
4) RSI - Broke above 70% (Bullish ) ,

5) STO -  >Broke above 80% (Bullish )
6) Ichimoku -  a) Price above  the support cloud ( Bullish). 

                       b) Conversion line  above the base line (Bullish ).
                       c) Price close above the baseline ( Bullish ) .
7) Candlestick pattern - 3 White Solider  (Bullish ).

Conclusion

Bullish 

After broke up from the sideway trendline with double bottom at 18.6 , it soar up like nobody business..

Hope it will hit the 3rd Target profit price at 29 but need to watchout on the any bearish sign such as shooting star or bearish harami.