MarxBabu
Short

FaceBook Reaching Resistance Zone

NASDAQ:FB   FACEBOOK INC
Short will be a good option at the level marked.


As per LongBuyLongSell Auto Scan Indicator has triggered fresh short in this time frame .

with the help of LBLS indicator , i check three basic yet effective rules for Entry.

short:

Make sure the candle color transitioned To Black; here it will touch the zone as it is in Blue .

The Main Script behind the Analysis:

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Comments

you gotta combine technicals with fundamentals tho, the way I see it , is this stock is on the verge of a breakout
Reply
MarxBabu ARCHIDUKE
@ARCHIDUKE, i do not see this as breakout
Reply
ARCHIDUKE MarxBabu
@MarxBabu, Bra, you are in for a lot of pain ahead if you actually took a short position, in my opinion you took that short position too early and it doesnt pay to be a permabear.
Reply
MarxBabu ARCHIDUKE
@ARCHIDUKE, wait and check the price fall will come
Reply
Ekumbang MarxBabu
@MarxBabu, Is it still a good option to short, according to you? Price is around 202 at the time of writing. Plase advise.
Reply
MarxBabu Ekumbang
@Ekumbang, wait for reversal
Reply
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