[FB] update

My previous post on Facebook shares was done in Nov 2014.  I modeled at 3rd wave rising wedge as having completed and so a 4th and 5th needed to play out.  The model from that post is below.



The updated chart model below strongly suggests that FB has peaked and, at the very minimum should fall back to $75 but it could turn out to be much much more if EWI is correct.  Note the double top at the psych resistance of $100.  This could possible go as high as $105 before really topping but that is not my primary model.  I believe that the double top is going to hold.