It is almost a post for entertainment, as I have never considered FB seriously, but the recent bounce does not seem to be supported by the LEV pattern. We should also not forget that locked-in insiders will soon be free to sell their shares (if I remember well, their cost base is very very low. So any price is an incentive to sell.)

So I believe that if this trend continues, FB could be a short around $31.


Pascal

Name: FB.gif Views: 708 Size: 17.1 KB