Thursday, April 10, 2014

FB update ABC correction in the works?



Facebook short term count is that we have finished the the A wave down and currently in the process of the B wave higher in the form of a ABC zig zag. This could target the 63-65 level. 
 After this is completed we should see a psh down to the 51.40 area and possibly lower to the second target of 44.88. That being said I'm not a buyer at these levels. 


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