Facebook is approaching the highs and as it's the one stock that's been holding up all markets for the last couple of days, once we lose that helpful impetus and it turns against us be careful if you are still long. This analysis takes a while to consider and write and for no benefit other than trying to help others from getting flayed alive...firstly if this is any help I need the feedback (likes) and I hope that you are not so strapped for time that you do not also take a look at S and P and Nasdaq and at the moment keep an eye on the Global Dow along with the leader of the entire world, Facebook. You really only need those 4 charts to have a good grip on exactly what's happening to markets across the world. You can throw all the rest out, just noise really !!!
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Risky-Business
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Dude, you want to short the fastest growing large cap tech stock that has a bulletproof balance sheet??? Growing at 30% plus with a low PE! Although a short term pull back is always possible I can tell you that you are gonna have some serious pain if you hold a short position on FB for any significant time frame. If you pick the short term sell off perfectly you have a slim chance in my opinion. Be careful out there! There are less painful trades. The trend is your friend.