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
