$FB - Could get wild

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Not even sure what to use as a description. I like using FB & AAPL as relative strength indicators (rather than the whole FAANG group). Regardless of bias, the moves AAPL has made recently has gotten plenty of attention. Since the AAPL drop before earnings was around same time as FB's drop during Cambridge Analyt, call it a stretch but I see FB testing a high (or new high) before it seeing a downside after all the consolidation its seen. MFI set to 28 periods rather than 14. Strategy I use w/ MA's is a little extra but, it's been more than reliable for me. White MA is entry point for high / low unexpected swings. Any crossover above or below orange or light blue EMA is typically a false re-trace marking short/long entry (if crossover is already @ high/low point, re-trace would follow up w/ more significant move) that occurs during either trend. In this case, I see A1 target price at/around $192.50. Short entry/price target is listed for future reference.
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OKKURRRRtt
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& SHE JUST KEEPS ON GOING
Technical IndicatorsTrend Analysis

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