Comments on: Facebook: The Big Fade https://rightsideofthechart.com/facebook-the-big-fade/ Stock Trading, Investing & Market Analysis Wed, 31 Aug 2016 15:39:47 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: snp https://rightsideofthechart.com/facebook-the-big-fade/#comment-2170 Thu, 28 Jul 2016 18:32:47 +0000 http://rightsideofthechart.com/?p=172302#comment-2170 122.31 good place to day trade long on fb

]]> By: snp https://rightsideofthechart.com/facebook-the-big-fade/#comment-2168 Thu, 28 Jul 2016 18:10:07 +0000 http://rightsideofthechart.com/?p=172302#comment-2168 if amzn and googl both report positive, fb may rise in sympathy after hours just saying. that is one possible better entry. looks like the best entry was top of the wedge right at 133.91 last night.

in response to this post, have you heard of strong gap ups vs. weak gap ups? the theory I have heard is the 2-5 recent daily candles on a gap up indicate the fadability of the gap. if price is trending up into earnings on a gap up its considered a weak gap up and fadable. if it was falling prior to a gap up its considered a strong gap up and more resistant to fading (possibly due to short covering and margin calls?)

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