paulyberndt
Short

FB Short Daily

NASDAQ:FB   FACEBOOK INC
244 3 2
FB             continues to sell off and made a failed high.
currently the Awesome Oscillator has turned red and
this is an add on point to add more capital to the trade.
Placing sell stop 2 ticks below todays candle.
There should be buyers @ 51.56 area however
if it busts through that my next target is 43.62..
using a deep in the money 80 delta July put
nawaf777
2 years ago
yes I agree with u nice chart
Reply
2use
2 years ago
Does the indicator basically add/remove a % to the bar basing on a gree/red day?
Reply
Basically its like a MACD only it uses the 5-34 simple moving average and measures the compression or expansion of those moving averages. For me its easier to read than the MACD as the bar is easily visible of slowing momentum. Very close to an Elliot wave oscillator too. Its part of the Bill Williams trade system.
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out