Tuesday December 11th, 2018 by Mike Paulenoff FB-- continues to claw its way higher in the aftermath of last Friday's post-close $9 billion share buyback announcement when the stock was trading around 137.42. Let's notice that as we speak, FB is pushing up towards 144.00, which represents the lower lip of a key resistance zone up to 146.50, which if hurdled and sustained, will trigger bullish breakout signals that point to upside potential to 151-153 and thereafter to the 158-162 target zone. Conversely, inability of FB to take out resistance at 144-146 will label its 4 week pattern EITHER a near term corrective bottom OR a near term bearish digestion period ahead of another downleg that will point to 110-115... Last is 143.60Mike Paulenoff is author of MPTrader.com, a real-time diary of his technical analysis & trade alerts on ETFs for precious metals, energy, currencies, and an array of equity indices and sectors, including international markets, plus key ETF component stocks in sectors like technology, mining, and banking. Sign up for a Free 15-day Trial! * I really like Mike's charts and analysis. This is shared with my readers here via MPtrader.com * Tiger's Take: "I am really posting for my readers, to early to tell for me."Disclosure: I may trade in the ticker symbols mentioned, both long or short. My articles represent my personal opinion and analysis and should not be taken as investment advice. Readers should do their own research before making decisions to buy or sell securities. Trading and investing include risks, including loss of principal. If you liked this article, please click the LIKE (thumbs up) button. Feel free to leave any comments, question, or opinions. Follow us and check back occasionally for additional articles or comments.