TradeYodha
Short

#FB #FACEBOOK Short Idea (Bearish Divergence)

NASDAQ:FB   FACEBOOK INC
Do you own analysis but I hope this give you some useful ideas, don't forget to hit the like button :) Thanks
Update: We are in market and in little profit too
+1 Reply
Timing??

Facebook Insider Marc Andreessen Unloads $66 Million Of FB Holdings

http://seekingalpha.com/article/2896666-facebook-insider-marc-andreessen-unloads-66-million-of-fb-holdings?auth_param=sfcob:1adfhaj:75caf8f16d720d51a32dd68021516ce5&uprof=49&dr=1
+1 Reply
norbertm TradeYodha
Old story from last Wednesday. I wonder why it was posted on SA as significant for next week?
+1 Reply
yeah i wonder too
+1 Reply
I agree with FB short. Waiting to see if we can get one more pullback for the perfect trade.
+2 Reply
TradeYodha QuantitativeExhaustion
yeah I am waiting for a pullback too. Usually I wait for pull back up to 61.8 fib level. That makes it perfect 2618 trade with low risk and high reward
+2 Reply
Do you think you can add that to chart description?
+2 Reply
TradeYodha QuantitativeExhaustion
sure:

Facebook 2618 short opportunity

1. Wait for price to pull back in to at least 61.8 fib level. This will give you better R/R ratio.
2. When it is at or above that level check RSI for overbought or divergence
3. Another reason for the entry at pullback is possible BAT pattern there.

+2 Reply
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