FB Post earnings trade idea

 

FB reported pretty decent results last night. Revenues and Income topped expectations.

 

However, their comments on future expenditures may have disappointed and the stock is trading slightly down in premarkets.

But given their strong results, FB is likely to grind higher albeit in a choppy manner.

Here’s a trade idea that could return 20% in the next 22 days.

 

Please watch the video below