Will Facebook start wave 3 down tomorrow?

In my last model update of FB, I indicated that the stock should bounce off the lower rail and then try to test the top rail of its ending diagonal tomorrow.  While the bounce did occur, it actually moved faster than expected and so it does not look like it will take until mid April to hit wave 2 up.  In fact, today it hit the 38.2% fib.  Now, there is no law saying it must stop there, but it hit this level in 3 waves a-b-c.  So while it is impossible to say if it will go up further or not, it is completely possible to say that if it now goes below the lower rail then the 3rd wave down is playing out right here, right now.  The chart below models this outcome.

Again, there is no rule that says the chart has to stop here and reverse itself but FB has been very weak already and I think the patsies that own it have already been fighting each other to get out while the price is still in nosebleed territory.  In these cases, the 38.2% fib is often all you get.

If that lower rail gives way, that is major, major confirmation that the ending diagonal is kaput and lower prices are usually to be expected at that point.