TradingView
eeasyian0
Sep 25, 2018 8:58 PM

Facebook and it's 165 resistance. SHORT (News catalyst) Short

Meta Platforms, Inc.NASDAQ

Description

FB should fall down to the monthly 200EMA(Redline) and VWAP(yellow line).
I wouldn't be afraid of the retrace after the selloff.
The sentiment is pretty crappy with the Instagram debacle. And many still bearish on FB waiting for the 158 gap down maybe. Considering Instagram is probably Facebooks best tool atm and the founders just left.
Enter around 165 exit around 162.
Comments
eeasyian0
puts before fridays shitshow, overall green trade
chank99
does not sound right at all...thanks for making my decision on those calls!!!
eeasyian0
@chank99, Haha nice call, I hope you cashed out before friday! that was a amazing short
cleanairact
Hmmm doesn't sounds right. Market sees as a positive news on Systrom out.
Xueqq
I disagree, bullish on facebook!
More