FB got close to it's price objective of the 1.618 extension of wave 1 and is in the topping area for this move. Over the next few months we should see a retracement of the 3rd wave move up down to the 37.50-40.75 area where there are the 38.2 and 50% retracement levels of the third wave.
Chart:
I am pretty sure it'll be much more than 20%...!!
ReplyDeletewhere have you gone ? would like to see what you think about the sp and nasdaq
ReplyDeleteandr