The VCI weekly charts shows the double bottom formation, the stock was moving up nicely from the "W" pattern in recent weeks, but has shown weakness of late.

The daily chart shows the dramatic selloff that occurred late last week, can it hold at the $26.70 level to support the weekly chart pattern? Shorts may panic on a good market day and bring a bullish short term trading opportunity with it. Worth watching

The double top in Facebook is telling of a potential deeper drop as markets face indecision the last number of trading days. Volume is decreasing and the stock is weakening further. The purchase of a put in the $23 range for the next few months may be a worthwhile trade.