Support Trend Line that held FB on it's bullish run since mid-march has been broken yesterday due to the Anti-Trust news/rumors sell off. Look to enter a half position on FB 9/25 PUTS if FB fail to hold over 255-256 or if it can't break and hold over 261-262.
PT @251-252 and 247.5-249 Ideal PT @241.5-242.25 Conservative SL @260.5-261 Max SL @264.10
Consider to pick up calls above 263-265 as I can see FB retesting 272-273 if we can hold above those levels.
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.