Short

Facebook: Just the beginning

Updated

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

Note

Stoploss to break-even and let it ride....

Note

Target 1 @ 150.80 has been hit. COver half and let it ride with trailing stops (@166, for instance)

Note

Target 2 comes in at 128.60

Note

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.

buyem_nl

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