Short-Sale Set Up - Former Focus List Names
|Published:||6 Dec 2017 10:41 ET|
Keep an eye on Focus List names that were removed earlier this week, such as Facebook (FB), which is starting to show signs of morphing into a late-stage failed-base. It is rallying right into its 50-dma, where it can be tested on the short side, with an initial downside objective in the 168 price area...keep stops tight here as this market remains unstable and prone to sudden moves in either direction.
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