Is Facebook Out of the Woods? | MartinKronicle - Michael Martin

Is Facebook Out of the Woods or Out In the Woods?

Facebook downtrend line since the “IPO disaster day” is finally broken on heavy volume, is Facebook out of the woods ? Is the stock about to start the uptrend widely anticipated pre-IPO ? Obviously no one knows, but what we do know, is that current price action could represent a possible change in trend from negative to positive, especially, with current negative sentiment backdrop.

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