Facebook Short +8% Max Profit Potential
Updated
Reading some of our Spectro M and considering some of bad press FB is getting due to shady partnerships with government entities for content censorship and monitoring I'd bet on a bearish short-term call.
The Volume Analyzer, the color under the candles just went red, it's on precision mode so it's pretty fast and reactive.
We just had a Spectro M Warning,
Targets for profit and risk-management are all provided by all our Smart Adaptative Fibo Algo.
I've been testing Fisher for some entries and we just had a cross so - I'm in!
The Volume Analyzer, the color under the candles just went red, it's on precision mode so it's pretty fast and reactive.
We just had a Spectro M Warning,
Targets for profit and risk-management are all provided by all our Smart Adaptative Fibo Algo.
I've been testing Fisher for some entries and we just had a cross so - I'm in!
Note
Considering we just had a higher high, I'd move my stop-loss to target #2 if it's reached, my move will be to secure the profit from target #2 no matter if it kills the trade or not, target #3 seems a little hard to hit - but market sentiment is on our side.Trade closed: stop reached
That was a risky trade, SP500 is bullish, employment numbers improved, the economic sentiment is increased - that was an unnecessary risk that I took and I paid the price. For short-term trades on US based stocks, I'll only go bullish. One of my biggest positions is SP500 bullish.
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