Facebook: Just the beginning

19 Mar 2018

Obvious shorting candidate (and lets be honest, a nightmarish surveillance company... Stasi would be jelous...).

Anyway, Trade Parameters:
short-entry below 171.40
Target @ 150.80
SL @ 178

22 Mar 2018

Not

Stoploss to break-even and let it ride....

27 Mar 2018

Not

Target 1 @ 150.80 has been hit. COver half and let it ride with trailing stops (@166, for instance)

27 Mar 2018

Not

Target 2 comes in at 128.60

4 Nis 2018

Not

If still in short-position (we've personally covered 50% of shorts and keeping the other half with trailing stop) we suggest lowering stops to max 165. Down side remains very good, especially on the longer term, so no need to tighten stops too much at this point.