Facebook imploded following earnings. It was a short for us. 18% gain in two weeks. Watch video on how we traded it

On February 2nd Facebook (ticker FB) reported earnings.

The report was so bad that price dropped nearly 20% in the post market.

On the following day (2/3/2022) we spotted a dark pool activity (institutional position) above the opening price, which presented a potential sell off pattern. We refer to those institutional positions as "block orders".

On the next day the pattern was confirmed and we initiated a short position.

This short trade has produced a nice 18% profit in just a couple of weeks.

Watch this video to get the technical insights.

Good trading!

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