I like to find inflection points and turning points in stocks as I believe that is where the most money is made. I shorted FB on the open here and made a quick 3 bucks and took off high. It stopped me out and I said if this comes back through I am shorting for a swing.
I have swinged this short as a failed breakout and coming down. Target is 122 and stop is ATH.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.