Cryptonite_trader
Short

Parabolic much

NASDAQ:FB   FACEBOOK INC
Looking Facebook's parabolic move in the last few years.

Bearish divergence in volume , with indicators showing a nice bounce.

It was overbought for a while. A pulback after some really bad news with has since bounced but im calling a top on FB . It will eventually reach the kill zone where i believe there will be a very big and healthy pull back with a ABC retracement.

Don't forget to hit the like button or follow me on Trading View for more chart analysis :)


Comments

I like your chart,and I have followed you. I hope you can Follow Me at the same time.




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