SilverTrader925
Short

Facebook Potential Short

NASDAQ:FB   FACEBOOK INC
Ok there seems to be a lot happening to back up a short.
RSI Divergence
Reversal candle
Falling volume
Previous support acting as resistance pushing down on price

This setup has occurred several times in the past and every time it falls around 15% this would take us to the major trend line and 78.6% fibs.

All in all this is looking like a good setup, wait for the price to break the lows of the doji or if your conservative wait for a break of the trend.
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing TradingView Coins My Support Tickets Get Help Ideas Published Followers Following Private Messages Chat Sign Out