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Berger: Why I like Facebook

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June 22, 2015 equities, equities 2015, equities prices, equities saxo, equities strength, equities trading, equities v bonds, equity, equity analyst, equity bubble, equity clients, equity correction, equity decline, equity index, equity market, equity market 2015, equity markets, equity platform, equity portfolio, equity portfolios, equity research, equity rise, equity risk premium, equity strategy, equity trades, equity trading, facebook, facebook eanings, facebook earnings per share, facebook excitement, facebook investors, facebook profit, facebook results, facebook revenue, facebook share price, facebook shares, facebook stock, facebook trading, facebook trading risks, facebook users, faraday research, saxo, saxo bank, saxo tv, saxotv, share price, share trading, shares, shares down, shares prices, shares up, steady trader, stock, stock exchange, stock futures, stock market, stock markets, stock picks, stock price, stock prices, stock trading, stocks, stocks markets, stocks to watch, trade idea, trader, traders tale, trading, tradingfloor, tradingfloor.com, tradingfloor.com saxo tv
Serger Berger, also known as the Steady Trader, is looking to buy Facebook. He says it had a choppy few months but that it's now shown better technical price action. He says the technical information is bullish for the social media company. He also thinks it's heading back to its March and April highs.

Buy: USD 83
Target: USD 86
Stop: USD 81.60