Long $FB off this bullish divergence and falling wedge

19 Okt 2018

Possibly a risky trade given the shaky sentiment in the markets right now but I couldn't resist an opportunity to pick up some FB at this price based on the bullish divergence, falling wedge pattern and indicators screaming oversold. There's always the possibility this moves against me to the downside hence my stop loss.. I'm willing to enter long here and see how it plays out and no big deal if my s/l gets taken out on this one. Not financial advice.