andrew.berg
Short

Facebook thumbs down

NASDAQ:FB   FACEBOOK INC
Why I like Short in Facebook:
1) Buyers failed to break $121
2) Yesterday we broke support at $116.57 that held since earnings release
3) relative weakness yesterday compare to $SPY
4) Great potential as we have air below this level

Today, futures will open higher, so I will get short near intraday levels $116.50ish area, then $116.70ish.
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