$FB looking to retrace here at the 180 price level..
After reviewing the quarterly presentation on FB, it doesn't seem that #bearish for #facebook 's outlook. IMO, i think we had a bigger fund taking off some gains and causing earnings to gap down hard. If my analysis is correct, i'll be anticipating some retracement here at the 180 price level as long as broader market conditions remain okay.
Trade closed: stop reached
Broader markets are selling here with Asia and Europe both in red. Stopped out.
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