3309 Drysdale Ct
Edwardsville, IL 62025
FB - Chart Link weekly down another 6%
today, this is a zone to monitor
FB - Chart Link daily, outside the daily
Bollinger bands now 3 days
FB - Chart Link 2hr - note the CCI bungie
potential setup where the CCI spiked really low and is diverging.
Eventually the rubber band will snap for a bounce trade kink of
like NFLX recently. But you need a trigger
Matt - Any thoughts on what to expect. I closed my longs and
flipped to puts. I m thinking it could break the recent low and
head to 200. But would appreciate your technical input.
nflx went down when spx made the low, and nflx went up when spx
rallied up, I don't have much confidence for fb to rally soon, we
will see :)
like anything trade your triggers - if it gives a reversion to
mean bungie setup where you have a trigger and a stop, fine.
Nothing goes straight down, again I need to see a trigger before I
would play it
what SPX and NFLX did has nothing to do with it, that's
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