Facebook, daily
Summary
As noted over a week ago, with the break of $30, the next soft level is $25, I'm guessing we won't go much lower than low 24s by the end of this week, and then we'll see FB actually rally for a few weeks - along with the main market into the mid sp'1300s
With the monthly index target still sp'1100..that would probably take FB as low as the mid teens by late July/early August.
Fair value...remains $4
