The Rubicon Project, Inc. (RUBI) Social Stream

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$RUBI Final post

Remember, too, FB's problems were the biggest problem on Friday. FB losing it's 50sma is very bad. It's disappointing to see RUBI retreating so hard while TTD isn't, though.

Final chart here. This one is weekly; the others were dailies.

-- Note that the weekly support is very low, at 5.17. If you're bearish, and you certainly could be, that's your wet dream.
-- HOWEVER, note that we're still pivoting up! The week of June 12th did not create a new red pivot point.
-- This uptrend is even more clear on the 2yr weekly chart, if you want to pull that up yourself
-- ADDITIONALLY, look how closely this uptrend matches the December uptrend -- almost identical in shape, INCLUDING a retreat to retest the 50sma on Jan 31, which then REVERSED higher

Long, holding, might add more, as downsize risk is 5.17. Upside potential is reclaiming the breakout at 8.46.

Confirmation bias might be in play with me, which is why I've asked @holdingbags to look too.