EvanMedeiros

gunning for the gap

BATS:META   Meta Platforms
0
$FB the weakest of this small basket of stocks. Ever since the pop after earnings we've seen sellers take back control and it seems like they're gunning for the gap fill into the low 26s. My own beliefs are that Facebook should begin to base out roughly around these levels perhaps after filling the gap but I'll need to see a more proper base put in before taking any shots on the long side. This is just an avoid and watch for now.

Evan Medeiros
Founder, Trade Risk
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