TradeVulture
Short

FB: Bullish Days are Numbered

NASDAQ:FB   FACEBOOK INC
208 6 5
Daily momo slowing, aka distribution. Swing target should be about 70$
Momentum is slowing on FB as well as GPRO
+1 Reply
vlad.adrian PRO
2 years ago
Dsnt look like a wedge to me, and this stock does not seem so bearish. It has been holding up pretty well, but you never know
+1 Reply
TradeVulture vlad.adrian
2 years ago
If you aren't watching multiple time frames, it may be difficult to see momentum fading. Definitely looks like distribution to me. The more ugly it looks, the better.
+1 Reply
vlad.adrian PRO TradeVulture
2 years ago
I am always using multiple time frames, and you should know that, cause you commented on my CME follow up, and you had to read the description no?
+1 Reply
stockSMASH
2 years ago
yep shorted Fri... whole market at the tip of a grass blade
+1 Reply
QuantitativeExhaustion PRO stockSMASH
2 years ago
I decided to wait. Still think we can skirt out a gain before any move down. Kind of worry that so many think down. Overcrowded
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