Willpower87
Short

FB presenting a good short opportunity

NASDAQ:FB   FACEBOOK INC
23 1 0
Sorry for my bad drawing but you can get the jest from the chart

Repeating pattern in pink circles

Long term wedge ending right at earnings report in July

The people around me have stopped using FB             for some time and I imagine FB             is no longer the go-to place for social media. Personally I myself, someone who spends a lot of money online, have never spent a dime on FB             nor have I clicked on any of the ads.

I'll initiate a partial short position around $88, stop loss at $90.50, add to my position as price moves in my favor.

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Willpower87
a year ago
Didn't quite work out. Closed position at price just below BE.
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