Discussion in 'Stocks' started by beerntrading, Apr 28, 2017.
SNAP's release seems to be pushing this one up in AH.
FB entering quiet news cycle until late June IMO. Will hold at $150 +/- $5. Have a wonderful weekend
This entire thread has been about the resistance / support that's held at $150. Pretty much an unbroken drive from 140, then sideways since 4/28.
So, hope you still hold this one after today...hope you weren't long on those others.
EU fines Facebook over misleading information $FB
Facebook fined £94m for 'misleading' EU over WhatsApp takeover
I just closed my short FB and went long 10x contracts @ 146.25
Some of the others I closed yesterday but held AMZN and TLSA because they're long term plays.
Edit: Closed the FB @ 146.80. This market could keep dropping.
Today the market looks better. The drop is slightly disappearing. So, we can relax a little bit.
$FB dont listen to shorters. Just look at futures. Tommorow green 149 open.
This made an authoritative move past $150 resistance today. Time to get my full-on bull on. Sold a $150 put, bought a $155 call (in addition to my investment holdings), both 6/16...looking for a breakout here. .05 debit...shoulda been even.
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