$FB – If there was a time to INVEST…

December 01 01:42 2018 by heyimsnuffles

You know I have been Bearish on Facebook as it has had a puke pattern setup since the Pro Gap down in earnings as you can see from a mile away on any chart. And now look at this resolving weekly candle.

Facebook Weekly

If there was ever a time to invest in FACEBOOK in the last 3 years it is now. If you truly believe in this company and this is a long term investment you buy this now and start averaging in if it goes down.

This is the most substantial pullback FB has had on a weekly basis since the gap and go st $30. The institutions have unloaded and Facebook is bouncing here for sure. I am not buying it here, but I also don’t hold long term in any stock really. But for everyone who is in the Buy and Hold camp of investing, Carpe Diem here.