Editor's Note:

Additional Trading Ideas:

In addition to tonight's new candidate(s), consider these stocks as possible trading ideas and watch list candidates. Some of these may need to see a break past key support or resistance:

(bullish ideas) VIPS, GILD, XES, DPZ, PCAR, ANGI, EAT, BOBE, IRBT, MRK



NEW BEARISH Plays

Facebook, Inc. - FB - close: 25.20 change: +0.07

Stop Loss: 25.60
Target(s): 20.50
Current Gain/Loss: unopened

Entry on March -- at $--.--
Listed on March 26, 2013
Time Frame: 6 to 8 weeks
Average Daily Volume = 39 million
New Positions: Yes, see below

Company Description

Why We Like It:
Facebook is the world's largest social network with almost one billion monthly users. Unfortunately, being the biggest or best at something doesn't seem to be working for shares of FB. The stock is clearly not participating in the market's rally. FB peaked back in January of this year. It's been a steady decline the last couple of weeks.

Now shares of FB are facing potential round-number, psychological support at the $25.00 level. A breakdown here could definitely hurt investor sentiment. I am suggesting a trigger to launch small bearish positions at $24.75. If triggered our multi-week target is $20.50. I would keep our position size small to limit our risk.

Trigger @ 24.75

Suggested Position: short FB stock @ (trigger)

- (or for more adventurous traders, try this option) -

Buy the May $25 PUT (FB1318Q25) current ask $1.42

Annotated chart: