$FB Caught some Jan call buying with the ETF Sweeper flow that came into red today. Everything small tho ..
Range between the two bottom yellow lines and the two rose / pink colored lines Price opened almost in the middle of above range - and remained there ========================= side note One may think it time to redraw the green bottom channel line - even the entire green channel Not yet - price has not reflected such a redraw appropriate ================ Let's see what tomorrow brings RN
Nothing on the face of the earth can / will forecast / predict human behavior (impending order flow) Context.., albeit lines..., indicators...., over bougth / sold.., arrows..., whatever Is to be used as a gauge in which to measure current PA - from which signals materialize - that we in turn trade Predicting is impossible.., more importantly it an unnecessary waste of effort..., and creator of great frustration ======================= That is not to say that PA cannot be correctly read / accurately deciphered / then appropriately contextualized - and finally (and to the point)..., exploited the shit out of =============== Context I've posted -> has been working..., is working - and time to update COB today So much for TA/PA does not work BS - it works 100% of the time Always has..., always will Go figure RN
Below is the updated context I left the two means lines in (dashed Lines - just so you could see) - I typically leave them out as I see them in my minds eye if this doesn't make sense please say so RN
No reasons to be scared this year. FB is going to show a good performance: election ads + the growing market share in the digital ads.