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Friday, February 22, 2013

Facebook is close to a bottom

Facebook

Is close to ending wave 4 and we should soon see the final wave 5 rally higher. I still think we will see wave 4 down to 25.60, but be awave, that we are at strong support and we now have a five wave decline since the high at 31.99. If at any time we see a break above 28.94 wave v of c of 4 is in place and wave 5 is under way.



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4 comments:

  1. ToddFebruary 22, 2013 at 8:10 AM

    Thanks EWS

    ReplyDelete
  2. Elliott wave surferFebruary 22, 2013 at 9:11 AM

    Hi Todd,

    You are welcome.

    Kind regards
    EWS

    ReplyDelete
  3. KiranFebruary 23, 2013 at 9:35 AM

    Thanks EWS for update on facebook.

    Its is a good learning experience for me reading your blog.

    ReplyDelete
  4. Elliott wave surferFebruary 25, 2013 at 10:07 AM

    Hi Kiran

    I'm glad, that you find what I'm doing to your benefit.

    Just hang on and you will soon be a pro your self.

    Kind regards
    EWS

    ReplyDelete

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