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DBD Strategy Daily - FACEBOOK's dead-end

Facebook dropped hard, but the experience of this type of bearish gaps teaches us that one should not hurry to buy. The slide usually lasts for more than a day. There is no contagion to other US stocks though, the Nasdaq 100 bullish invalidation level is about 2% below yesterday's low. 
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Day By Day
Day By Day

​​DayByDay is an independent research company providing global macro and single stock analysis, recommendation and allocation based purely on behavioural finance methods. Those include long term cycle analysis, sentiment analysis, and technical trigger. DayByDay serves all clients in need of practical and precise publications to make effective market decisions, on any time horizon, from a few hours to a few years.

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Valérie GASTALDY

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