Price weakness is persistence and downside pressure remains feasible for now at least Any time market heads south it will even get worse.
Careful here guys. I'm eyeing a drop. Everyone has been liquidating since summer so far over 1 Billion $ worth. Im eyeing a break of 114 and then 110 at the next major volume support area. Happy new year
Koum Jan seems to have known the most as he sold when prices were at the highest. Looks like Koum Jan was given a lot of Facebook shares when they bought out Whatsapp and he has been unloading his Facebook shares to cash in from the sale
Just saw that he has been unloading his shares now for quite some time. Guy looks like he is trying to cash out. They probably limited him to what he could sell each time. http://finviz.com/insidertrading.ashx?oc=1621141&tc=7
That's insane when you click on his name and see the history. Seeing that and adding it up he is over a billion let alone zuckerberg and others. Holy
I think i'm going to play this with some february expiry 110 x puts. Tight stop and ride a potential january selloff
As I click through all the names they've all been doing the same thing and unloading since early 2015. I say Sub 100 end of January if we get a nice 5-10% pullback in the indexes.
There is nothing wrong with Buying Low. I just believe this is going Much Lower and you will get to buy Much Lower. IMO I believe FB will touch 100 this year.
Two ways of looking at this... Either this thing shoots up to the moon once they are done unloading or they know something in advance and this will drop later. Depends on how one chooses to view things.
Still the bears remain in a full control. Today's positive price action remains to be seen if it is to sustain but rather it looks $110.
Seems to be going for 200 DMA (unless overall market drops). Have it in my portfolio, but looks also to be good ER play.
Shares of Facebook Inc (NASDAQ:FB) are surging higher today as buyers swoop in and buy quality tech stocks. As it blasts higher, investors are wondering two things. First, for those who bought the stock, how high is it going? Second, for those that are looking to short the stock and profit, where is the high reward, low risk level. The stock likely has more upside into next week. The strong move over the last few days will not end quietly. The first resistance will be at a technical chart level known as gap window. This is at a price point of $124.00. While it may pause there, it likely goes higher to a final target of $127.15. This final target is a mega resistance level which happens to be the price of the stock just before Facebook Inc announced their earnings report in October 2016. The stock opened the next day sharply lower. This is where I will be looking to short the stock because it is such huge resistance. In addition, the problems at Facebook Inc are not going away. Big companies are moving away from targeted ads because they just do not work anymore. This caused the collapse last earnings and will likely be a hardship this earnings period. For investors and traders looking to short the stock, do so if Facebook reaches $127.15. The pull back will be to a target of $116.00.
Bulls are in a full control though still recent bearish 3gap up could be a hurdle but 126 is now feasible before it rolls back. Great call
It was just one quarter ago when Facebook Inc (NASDAQ:FB) took a beating after missing earnings expectations. With earnings just around the corner, Facebook is within pennies of gaining everything it lost. This is where the stock price of Facebook fills the gap caused by that earnings disaster. It is also known as a major resistance level, one I plan on shorting. The price point for my short is $127.20 and represents a high reward, low risk trade. Based on my analysis, the downside profit potential is for a drop to $108.00. The stop that should be used is a close above the all-time high of $133.50. When I take the trade, you will be able to opt-into it and see my exact entry, target and stop. In addition, you will be able to follow every move I make and get updates from me. Be ready and let's profit together.
