Thursday, July 26, 2012

FB is looking interesting today

 FB 1 min didn't confirm the downside and is leading positive.

 The same with the 2 min

 5 min didn't confirm the gap down

 The 15 min is leading positive on the gap down move.
And the 30 min doesn't look bad considering.

I don't really like trading in front of earnings, but these are pretty decent looking charts, I'm willing to add just a little bit to my FB call position, I'm thinking Aug $26 or $27, I might even look at September.

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