FB looks ready to breakout and run higher. Keep in mind earnings are next week and this could help fuel a little run-up into the report. If it breaks out and runs, I will sell into it. This is not meant as an investment thread, but only a short term opportunity in a popular stock. Here's the continuation triangle setup that needs to be broken. I believe FB could run into the low 60's if the breakout occurs with follow though.

FB.jpg

Disclosure: I bought FB in a client account on Tuesday at 58.05 in anticipation of the above said breakout.