We have seen continuously diverging swings for facebook for last several weeks, the new short (114.5) and long (124.95) are watch level for next two weeks until year ends! the long position is expected to fall upward to median probability, however stiff plunge can lead to downward level of S2 and S3 around (111). Due to stronger dollar as of december 14th, it is possible to see some short time corrections.
Advice hold long position and stop loss at 115*
For short position bet above 110* stop loss at 120*
*Disclaimer: The post is subjected to educational and discussion purpose only. Any implied trade decision is not subjected to above discussion.
Advice hold long position and stop loss at 115*
For short position bet above 110* stop loss at 120*
*Disclaimer: The post is subjected to educational and discussion purpose only. Any implied trade decision is not subjected to above discussion.