Most of the media continues to focus on the national response to the coronavirus.
I could be surprised but right now the charts of OMC are just not positioned for a sustained recovery rally.
A look at the charts and indicators of this important FANG name.
The price of FB is in an area where someone might begin buying but in this market environment it will be safer to let someone else do the buying for now.
AutoZone, Facebook and Lowe's could offer opportunities for trade entries.
Activist investor Elliott Management has taken a $1B position in the social media company.
As it stands now, I'm on the sidelines or a seller below $129.
Plus, a bit of coaching on how to put your money to work opportunistically amid the uncertainty.
The news doesn't necessarily matter when markets are in a roaring bull trend.
The charts and indicators tell a bullish story.