Facebook is trading in a channel between $224 and $241.

The volume is declining and the Stochastics show there is more selling ahead.

It looks like the entry point will be early next week.

I will keep my eyes open here.

Stat	Value
PE	30.98
EPS	7.29
Beta	1.20
Profit Margin	28.57%
Operating Margin	36.21%
Avg Volume	23.87M
Shares Outstanding	2.4B
Float	2.39B
Shares Short	27.7M
Short % of Outstanding	0.97%
Dividend	NA
Ex-Dividend	NA
% Held by Insiders	0.66%
% Held by Institutions	79.41%

Positives:

• Short Term Liabilities: FB's short term assets ($69.3B) exceed its short term liabilities ($15.1B).
• Long Term Liabilities: FB's short term assets ($69.3B) exceed its long term liabilities ($18.0B).

Negatives

*Below Fair Value: FB ($234.02) is trading above our estimate of fair value ($229.65)

• Significantly Below Fair Value: FB is trading above our estimate of fair value.