TheShortLife
Short

Short FB - Outside Daily Upper BBand

NASDAQ:FB   FACEBOOK INC
142 1 2
Outside daily bbands - FB             going to reverse hard here. Looking for a daily candle whose body is > 70% or > 80% outside of daily upper band.

Intraday short set up tomorrow will be another burst up of price above 15 min upper bollinger band , most likely will happen on market open - gap and go, first 15 minutes to half hour.

Gonna short this thing.
TheShortLife
2 years ago
I still stand by my initial trade plan. This is guaranteed institutional transfer of shares to dumb late money spurred higher still by aggressive short covering. This time next week, price will be in the 82-80 range minimum.
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