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Short

FB Puts - Target 218?

NASDAQ:FB   FACEBOOK INC
Nice rejection on the upper trend line . I am expecting to see FB at 220-218 range within the next couple of weeks. Could be a nice play for options traders.
Comment: FB hit 222. Respected the rising wedge and the dump from hitting the resistance. I still expect it to hit 218 as a final target, lets see.

Comments

Yes IMO. Gapped down again today and has closed the gap. I'm short, tar 220. GL!
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