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Facebook: Just the beginning

Por buyem_nl
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Obvious shorting candidate (and lets be honest, a nightmarish surveillance company... Stasi would be jelous...).

Anyway, Trade Parameters:
short-entry below 171.40
Target @ 150.80
SL @ 178
Nota
Stoploss to break-even and let it ride....
Nota
Target 1 @ 150.80 has been hit. COver half and let it ride with trailing stops (@166, for instance)
Nota
Target 2 comes in at 128.60
Nota
If still in short-position (we've personally covered 50% of shorts and keeping the other half with trailing stop) we suggest lowering stops to max 165. Down side remains very good, especially on the longer term, so no need to tighten stops too much at this point.
Facebook (FB)Trend Analysis
buyem_nl

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