FB looks very weak here. If it can break this last hammer on July 30th then $150 is in the cards again. So, with that said here is my setup - If it gaps below this support I will not enter this trade until 163 is broken. I feel that you could get a head fake or a retest of support before it truly breaks down.
Komentarz:
I'm changing my setup.. If it breaks the hammer I'm taking the trade to the 100MA on the weekly chart.
Komentarz:
I'm out now. I'll see how it closes and if there is another trade in this tomorrow. That 100MA on the weekly might be strong support.