Expect very strong resistance around $28.. then when more bad news surfaces about the the inept FB management being unable to build real, substantial revenues.. zooooom.. back down below $20.
Sentiment: Strong Sell
Well you should go all in short if your so sure. I have read the same thing at 22 23 24 25 26 27 and now you at 28. I am up 7pts all while you and the other shorts keep saying the same live GL Mike
YOU ARE UP ALMOST 50% and not taking it??????
Don't short yet. Indexes are adding FB. Wait til after FB enters the S&P500 then you can short.
For such a quick gain, it's still been very steady momentum.. testing $28 and $29 is what will bring on some pain.. I won't be shorting until we break $27.50 and have a chance to see how the movement resumes