I believe Facebook is going to turn full bull soon. I was bearish at 217 when I added puts.. after it fell 20% a/h, I knew it wasn't done. But the time is close. Now is the time to be bullish on FB again. a key area is around the weekly 200d moving average around the 134-136 area as a decision point.
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xabcd of some type here.. maybe a better buy down below
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200d moving average going to be a problem. Bear divergence and downtrend.. odds are in favor of it pulling back here for a bit. I still hold to the idea of a bull run but watch the pullback
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Is it ready?