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$FB Sell Signal Shows Up

Monday was a day when the markets held flat. However, there was action in Facebook Inc (NASDAQ:FB). The stock surged in early trading before fading sharply into the close. While this up/down action may not seem important, to technical analysts it is huge. The reversal formed a topping tail on the daily chart which puts in a potential top on the stock. The key on Tuesday is follow-through to the downside. If that happens, short the heck out of it.


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