Amazingpowerpatternguy

FB- Lets Keep It Simple Shall We

NASDAQ:FB   FACEBOOK INC
150 3 1
4-23 Lets keep it simple.
Blue and green lines are support zones
on weakness. Red are resistance zones
on strength. That is all you need to know.
If you are one who buy support and sells
resistance? From here its all about the
action at the red lines assuming a run
higher of course.

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@AmazingPatterns

For informational and educational
purposes only. These are not
recommendations, trade at your
own risk.
jesse.nash522 How bout it! Well it didn't tag the $85 zone but close enough. You had that retest of a prior high though for a double top and that's all she wrote. The point I want to make is? Your comments on upgrades. Isn't that just classic sheeple herding AFTER a stock has been running? Hat tip to jesse for playing "Let's play name that game"
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And now we see $82.41 below 20MA. All these analyst pumping the stock with upgrades-over 10 in one day. My gut says they all came to FB defense so these brokerage houses could get the stock to briefly run over $85 so their clients could exit at a profit. What b.s. Wall Street is. Clever thievery.
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I'll buy that theory. I see that happen all the time. It is clever but? Knowledge is power when used effectively. I hate the use the analogy but for lack of a better way to say it? The house always has the edge. That said? All one has to do is think like the house. What better time to get out of something with size than when you have a ready willing and able sheeple crowd to sell to. Think about it, for every buyer a seller right? Just who do people think they are buying from AFTER a stock has made a huge move in a short period of time. I'm not talking about this stock mind you but stocks in general that fit that bill.
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