Facebook In Buying Range Despite Signs Of Weakness

Investor's Business Daily - Investing RSS http://ift.tt/1qOLyaQ Facebook (FB) is hovering in buying range after clearing a cup-with-handle base last week, but investors should consider some caveats before jumping in. The social media giant is modestly above the 66.57 buy point, putting it within a buy zone. But volume on the breakout was just average and has so far failed to pick up, indicating that institutional investors haven't put tremendous capital into the breakout. Also, the base was late-stage,