EvanMedeiros

squeeze is on, roll or hold

BATS:FB   FACEBOOK, INC
93 1 0
$FB well there's the hard reversal day I have been waiting for. It came off a nice double bottom around 23.26 and only took two analyst upgrades to put on a nice short squeeze. I am still a little skeptical on the upside for this name for right now. To me, this is just a bear market squeeze higher until proven otherwise. I want to see a higher low put in (ideally above the 23.93 gap) before getting interested to the long side. Wait and see mode for me, the bleeding stopped for now, but now lets take the temperature and wait for some additional signs of commitment.
Not sure who is shorting this. Short interest is near 2% of the float.
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out