OmenFinance
Short

FACEBOOK negative momentum

NASDAQ:FB   FACEBOOK INC
Hi guys ! I post my new trading idea for Facebook . I have the conviction that the Facebook stock will go down with a target 150,61$ because of the negative news about the breach of the 50m users from fundamentals. Also this move is verified from the indicators I use , the RSI will continue going down to 30 and the ADX will go straight to 20 with -DI which moves to the price level of 40 ! . So my idea is to go short and catch a 5% return on investment. But the best part of this trade is the gap filling until it goes again to 210$. So the best move is to go short until 148-150 $ and then buy until 210$ to get the maximum return if it goes well. Have fun !
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Help Center Refer a friend Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out