trendyprofits
Long

Bought $FB

NASDAQ:FB   FACEBOOK INC
Bought $FB at $82.25 . Stock has been increasing on the CMF             , MACD and RSI . Broke the downward channel on volume and is a trendy company. This fit all the criteria for a buy. Hopefully tomorrow it has a healthy pull back to around $82, then I am looking for $100
I think you should look at a monthly chart with Chaikin Money Flow and you'll see that Money has been flowing out of FB since January of this year. Also the Sharks like to rip off the call buyers on expiration, so I wouldn't be surprised to see a close of $80 on Friday, because of the open interest in the $80 call is 13,000. Good Luck
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