Predictindex
Short

Facebook Price Upcoming Move (09/29/2016)

NASDAQ:FB   FACEBOOK INC
108 0 4
Simple Question :
Who is buying it ? Funds have a big sellout on 7/28 .After the big sell, price continue to rise as private funds (such as retail traders) try to "buy low".

Simple Facts:
1. Macd divergence
2. Volume didn't catch up the rising price.
3.Negative News

Conclusion :
Sell based on overvalue + technical trade
Trade closed: target reached
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