I took a small position on the breakdown, now in ridiculous
territory, though I guess it could always get more ridiculous if
the general market continues lower. A 24 rsi at this valuation is
insane for FB given their profits.
ya, not looking like I should have tried it at the moment
Fortunately my trading account is at 76% cash overall
right now after a lot of selling into the high 4,500s
resistance.
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I took a small position
FB To combine with Matt's chart as we are looking ...
Posted by fundamentalvalues on 17th of Feb 2022 at 03:02 pm
I took a small position on the breakdown, now in ridiculous territory, though I guess it could always get more ridiculous if the general market continues lower. A 24 rsi at this valuation is insane for FB given their profits.
be very careful with trades
Posted by matt on 17th of Feb 2022 at 03:11 pm
be very careful with trades like that in this tape
ya, not looking like I
Posted by fundamentalvalues on 17th of Feb 2022 at 03:16 pm
ya, not looking like I should have tried it at the moment Fortunately my trading account is at 76% cash overall right now after a lot of selling into the high 4,500s resistance.