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.
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
noise.
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FaceCrook or Meta comments
Posted by matt on 7th of Feb 2022 at 04:09 pm
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
Posted by arun on 12th of Feb 2022 at 04:48 pm
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
Posted by sydney on 7th of Feb 2022 at 04:28 pm
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
Posted by matt on 7th of Feb 2022 at 04:42 pm
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 noise.