FB, one of the FAANG stocks, gapped higher prior to its earnings report which resulted in an extended pocket pivot. It is since pulling back to its 10-dma so is within actionable range. Earnings are accelerating while sales remain around 50% quarter after quarter which is impressive given FB's sheer size.
FB will be added to the Focus List.
Pocket Pivot Review - FB 11-3-17
|Published:||3 Nov 2017 12:45 ET|
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