FB Update

I'll be adding to the equity long in FB that I started, I'm phasing in to the position and will probably add about another 1/3 of total position size here.

 FB 1 min positive leading

 3 min positive leading

 5 min positive leading

 And this is why I'm ok with going as big as 2/3rds position size here, just as with tops, double bottoms often see the exact same head fake move below support, plus the leading divergence is only stronger at an area they could have picked up a lot of shares on the IPO lockout passing.


The 60 min chart at a "W" like base which is what I suspected would happen from the first bottom we saw, a larger base would form.