Head and Shoulders Pattern in FB About to Confirm

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Facebook (FB) head and shoulders pattern read to confirm.

At $46.75, I ‘m looking for a move down into the $42’s.

There is also a nice defined downtrend off of the 10/21 highs, which you can use a break of that trend as reason to cover your short position.

Here’s the FB technical analysis:

Be sure to check out more of Ryan’s Swing-Trades at SharePlanner.com