Monday, November 10, 2014

Facebook update

I might have drawn the prior wedge incorrectly on FB (see grey line for lower rail).  I now model the $80 peak as a 3rd wave, now working on a 4th.  That triangle looks like a B wave to me.  The C wave should unfold with uncommon power. $66.79 would be the 38.2 fib retracement of that 3rd wave.


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