$FB - PLAYING THE VOLUME SHELF
FBGOING SHORT ON FB. LOOKING FOR A BREAK BELOW THE 50 EMA WITH INCREASING SELLING VOLUMING. (READ THE TAPE)
THAT WILL ALLOW
FB TO FALL IN THE VOLUME VALLEY (VOLUME PROFILE)VOLUME IS SEEN AGAIN AROUND THE 315-316 RANGE. IT MAY FIND SUPPORT THERE.
IF WE SEE A BOUNCE, I WILL COVER AND RIDE THE CALLS UP!!
***JUST A THOUGHT, JUST A TRADE IDEA***
GOOD LUCK,
Trade closed: target reached
PLAN WORKED OUT. +300% on a FB 310 P Option play.
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Disclaimer
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.