May 17, 2014

FACEBOOK Weekend update


  • Facebook daily chart shows a triangle shaped contraction pattern.
  • Breakout from the pattern may not give bigger up moves because of the cloud and crucial moving averages.



1 comment:

  1. HI,
    Thx for update. Is FB traingle breaking upwards ? If so the target I see as 66 based on elliott wave counts.

    Please Comment,

    Thx

    ReplyDelete