A torrent of negative news in recent months, along with general market weakness through the last quarter of 2018, has driven this social network leader to lows not seen since its breakout in early 2017, and we’re now seeing a recovery occurring both in the broader market and in this name.

Facebook ($FB) shows a budding breakout on weekly candles and I’m now looking to go long on this name, in anticipation of a new all-time high later this year.

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