Justiceisfalse
Long

Test 85 this week?

NASDAQ:FB   FACEBOOK INC
35 1 0
Bull case:
We are back above the 50 daily EMA at 80.30.
80.30 was tested Friday and again today.
Other side of 81.85 and a close with a 82 print should get us to test that D/L from the March and April             highs.
There are other technical theories you can throw in here in addition to the over equity market that will keep on jamming.

Bear:
Lack of juice and it fails the pivotal 81.25-81.85 zone again.
If it has a shitty week and pins, it will most likely be at 80 where all the O/I for both puts and calls sit.

Strategy:
Long weekly 82 calls
Keeps failing that 81.15 to 81.25 level.
Reply
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
ประเทศไทย
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out