Wed, Sep 17, 2014, 2:35 PM EDT - U.S. Markets close in 1 hr 25 mins

Recent

% | $
Quotes you view appear here for quick access.

Facebook, Inc. (FB) Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • hedgehog25 hedgehog25 Dec 3, 2012 8:36 PM Flag

    Bearish engulfment - pullback starting!

    Same $hit, different name. It could also be called a "bullish retracement".

    The tone of your post implies that you misunderstand the term "pullback". It doesn't mean a trend reversal. In fact, they're mutually exclusive. "Pullback" implies a continuation of the trend.

    But no, this is NOT a nice buying opportunity. It's foolish to buy right after a bearish englufment. Wait for it to drop another two bucks, *then* you'll have your "nice buying opportunity". If it stabilizes between 24 and 25, I'll consider going long again, but not before that.

 
FB
76.78+0.70(+0.92%)2:34 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.