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Fb possible Bounce,strong support $130

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It is hard to predict o time the market but in this scenario is not much gain for shorting the stock until the stock is at leat near the upper band, max gain for short seller is limited to $4 bucks,also, as a remainder today was a big green candle if you look at 4 Hourly chart and risk takers buy below the lower band, also, the fundamental case for FB trades now at 19x his earnings,industry leader, at the power of reach the world, Never understimate good companys,because of the noise and CNBC propaganda, maybe if you are an option trader Dic 28 Calls ITM $130, If you want to take less risk with 30% Stop Loss or if you want to take more risk, $140.00 Calls OTM There is a good chance that the stock bounce between $147.37-$140.22 and the bearish case is $130.57-126.1533, this is still in down trend and for long term investor is good chance to buy very cheap, for swing trader set a stop loss for a good profit! have a nice day! :'VFB

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