Hubert Senters here. If you are currently long some FB stock you might want to tighten up your stop loss on your position. Now, if you’re a long term investor it won’t really matter, you’re married to this thing if you’re a long term investor.
But if you’re more of an actively manage type person, and you’re swing trading this thing.
And you’re going to be in it for, you know, 3 days to 3 months you might want to manage your position a little bit better here.
So, as you can see, we had a nice little sell off. It’s down 7%, 7.6%, down $17.96 as I’m doing this video. If this cloud does not hold here at 209, it could drop down all the way down to 180 and could then potentially go down to 140. Just giving you a little heads up here.
If you’re long FB, you might take a little bit of heat on this. If you’re not long FB, on the pullback it makes sense to get some of it, if you like the equity.
So on the last video I asked you a question, I’m going to ask you one this time too.
Which stock do you prefer? Ok, would you rather be long FB, which is right here on the screen or would you be rather long TWTR?
I’m going to lead you to this page. The #1 Way to Profit in Trump’s Second Term.
Heads up, I’m not really political. I think all politicians are evil. So, it’s kinda weird, right? You have the republican party and the democrat party. I think most people are somewhere in the middle. I don’t really care what they do, just leave me alone. I think there are good people and bad people in both parties. I have no idea if he’s going to win or not, but these guys think he is and if he does then this is their plan to attack that and play that in a profitable way, if he does win his second term. I have no idea, l’m not taking a stance on it. Cause it will polarize some people and it will get them all worked up. Anyway, take a look at this video and let us know what your opinion is.
Good Luck. Hope it helps. And we’ll see you in the next video.