Home > Facebook, heikin-ashi > Why Facebook Is a Dangerous Short Here $FB $QQQ $GRPN

Why Facebook Is a Dangerous Short Here $FB $QQQ $GRPN

February 1, 2013

Although heikin-ashi last candle is black, haDelta is at support.

Many would say “haDelta support is broken, $FB is doomed.”

It is not!  This behavior (lower haDelta, higher price) sets the stage for a higher close soon.

Time will tell…

Note: Since nothing/nobody is perfect the stop-loss is at 29.47.

 

Why Facebook Is a Dangerous Short Here $FB $QQQ $GRPN  2/1/2013

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Categories: Facebook, heikin-ashi Tags: , , ,
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