Facebook lastest quarter result beats analysts estimates as revenue from mobile ads chalked up 14% of its total revenue. Yesterday, we see a down bar with massive profit taking. Immense selling pressure was witnessed. FB opens at a high of $24.13 and close at $23.42. Take note of the fierce gapped down some months back. The selling pressure over there has to be tested before FB can challenge analyst TP of >$27. Future : The worse seems to be over for Facebook, but do not buy into impulse as well. Waiting for better indicatiors.... Download link to their reports : https://hotfile.com/list/2114430/7207caa Excerpts from some research reports that I saw: From Nomura Securities : Like GOOG, the shift toward mobile was front and center, as 14% of FB’s 3Q ad revenue came from mobile….up from 0% in February when FB initially started testing mobile sponsored stories. While this ~$152mn in quarterly mobile ad revenue is still small compared to Google’s ~$2bn, not...