ViktorGali
Short

Test: from resistance to support @ FB

NASDAQ:FB   FACEBOOK INC
436 views
11
This is a backtest to the resistance @ Facebook . Target price is 200 USD.

Comments

Welll....I thought the negative ad news would bring their stock down - so I shorted them to 207.5 - since that is 95% of their revenues... but instead its going up!
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I doubt it !!
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ViktorGali vishalniit
@vishalniit, only time will tell.
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You think we’re gonna see 200 next month?
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ViktorGali bigbamboo81
@bigbamboo81, FB was overbought, I think it's time for correction.
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