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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!

Trading Risk Disclaimer

All the information shared is provided for educational purposes only. Any trades placed upon reliance of SharperTrades, LLC are taken at your own risk for your own account. Past performance is no guarantee. While there is great potential for reward trading stocks, cryptos, commodities, options, forex and other trading securities, there is also substantial risk of loss. All trading operations involve high risks of losing your entire investment. You must therefore decide your own suitability to trade. Trading results can never be guaranteed. SharperTrades, LLC is not registered as an investment adviser with any federal or state regulatory agency. This is not an offer to buy or sell stocks, cryptos, forex, futures, options, commodity interests or any other trading securities.

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