watch facebook SP very closely.This was the catalyst which lit...

watch facebook SP very closely.
This was the catalyst which lit up the mobile sector 8 months ago.

Technically forming a U shaped bottom about now (Sell in may nervousness?), waiting for it to break through resistance at 63 and put a nicely formed U into play for a recovery.


Lots of positive info being released by FB lately, giving investors a glimpse into what the future might looks like. They've only just touched upon their monetisation opportunities with advertising.

Anyhow, watch closely. FB has inched up 5 % this week and MBE been kept down by last minute selling each day.

Momentum is about to swing.