Wednesday, August 1, 2012

FB-Update

I'm not crazy about adding before the F_O_M_C, but I have no problem with the partial position picked up yesterday, I have no problem with the 3C trade today. All the reasons I decided to start a partial position there yesterday remain today and have even increased.


Here are the charts...

 FB 1 min

 FB 2 min

 FB 3 min-the thing here is FB IS NOT confirming the downside move, in fact it is staying positive and getting more positive.

 FB 5 min

And now the 15 min is moving in to a leading positive position.

I'm VERY tempted to add here, if it weren't for the F_O_M_C I might have added here. I'll keep an eye on it, maybe I will see something that will change my mind and I will add?

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