Please see my post from November 7 here first: http://theelliottwavesufer.blogspot.dk/2013/11/elliott-wave-analysis-of-dji-facebook.html
The correction from 54.78 didn't quite make Down to 42.65. Wave IV bottomed already at 44.53 and wave V is developing nicely. Actually the first possible target for wave V is just ahead at 58.70, but looking at the structure I would expect a move closer to 63.09 and maybe even higher towards 67.48. That said, we have to be aware, that we now have a clear five wave rally from the 17.55 low and a top could be found at any time now.
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