Holding on to FB

FB has been showing positive signals longer than the market, which has been telegraphing a few days in advance, plus FB has shown in the past its ability to move independently of the market (most stocks move with the market direction, "A rising tide lifts all boats").

Although the very short term 1 min chart lost some ground early near the open (as did the Q's), its overall position is in a much better place than can easily be shown because of scaling issues caused by its limited history.

Here are the charts though...

 The 1 min chart has continued to add to the leading positive divergence, in red yo can see it drop a bit on this morning's opening action, but the scale of the drop is nowhere near the scale of the leading positive trend.

 The 2 min didn't just go positive at yesterday's lows like most of the market, but has been going positive in to lower prices (smart money wants to buy as cheap as possible, they don't chase prices higher and neither do I).

 The 5 min chart with a relative and leading positive divergence, however, this is one of those scaling issues, luckily the 5 min chart has just enough history that I can put it in perspective, see below.

The 5 min chart in an overall large leading positive divergence.

I'll hold.