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FB - Facebook - Page 41

post #801 of 820
Quote:
Originally Posted by Emperor BE View Post

Do you guys think FB is a buy right now?

 

I'd give it 25 or near 25. If you missed it, don't chase it.

post #802 of 820

I think the most important "technical" reason for that bounce on facebook was the 61.8fib retracement.

 

If you take the lows of September 2012 and connect them with the highs around late jan 2013 you could see that the 61.8 fib was at ~23.26.

 

However,if the tape starts weakening i don't think facebook has any chance in fighting a weak tape.It will break the fib,moving averages etc.

post #803 of 820

Stockholder conference was today, not much news. CEO reiterated strength of company and addressed security concerns. New 'home' product in the works.

post #804 of 820

Needs to hold $24 for any shot of upside.

post #805 of 820
Quote:
Originally Posted by bigbull View Post

Needs to hold $24 for any shot of upside.

 

It's a dark hole in here.

post #806 of 820

its set to go back to the lows

 

it went up on fluff news of an snp listing...

 

no thanks...

post #807 of 820

Revisiting May 29th's low. Tempted to get in just to flip. Could be a 1-month trade though for a few thousands of dollars.

 

Putting this back on my watchlist.

post #808 of 820

ya i like it here too..looks like it might jump

 

LNKD on fire

 

and google earnings run up???

post #809 of 820
post #810 of 820

im in...the calls arnt moving with this recent explosion out

post #811 of 820

24 the new floor

post #812 of 820
Quote:
Originally Posted by zedisdead View Post

24 the new floor

 

Floor? Don't you mean resistance?

 

It's traded under 24 three times in the past 4 weeks.

post #813 of 820

no floor it been hitting 24 and holding above it several times today

 

 

its going to fill that 25 area and put a positive tread line in the comming week..and take more day traders into it before the conferences

post #814 of 820

i think its a buy on any dip

post #815 of 820

near the money now and already got weeks of time left.....whoot

post #816 of 820

i think we are ready to break 25-26

 

we have too much steam in a dead market..once we break apart 24.50 area strongly..the technical traders come here and blast it off higher

post #817 of 820

bring on the "line drawers" here

post #818 of 820

Instagram is having a conference about adding new video feature to compete with Vine.

 

That probably explains why the jump in stock. At least as a partial contribution.

post #819 of 820

Never traded options before until right now. Figured the best way to learn is to get your feet wet. Put an order in for 2 Aug $20 strike contracts for 4.85. Pray for me! Haha.

post #820 of 820

FB has been down... 

 

AUG? JEZZ thats wayy too out...

 

i think it will go up...at least till the sell on news crowd gives back a gain...

 

i see back to 28

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