Sunday, March 19, 2017

Facebook (update)

A bearish engulfing pattern formed on Friday @ my 261/361 Fib combo level.  If long, I'd consider taking some profits with a move below 139.70.  I'd also consider make a bearish play with options as there's solid upside resistance up to 144.00.  Downside target would be 131.50 to 133.50.


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