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Friday, April 25, 2014

Facebook - Wave C lower unfolding

Facebook

Has just ended wave B of a zig-zag correction from 72.71 and wave C should now take us lower towards the equality target between wave C and A at 47.55. A break below support at 55.88 confirms the 47.55 target.

Have a great weekend
EWS

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1 comment:

  1. kkandruMay 20, 2014 at 5:14 AM

    Hi,
    FB moved to contracting triangle possibly breaking up before a final wave down.

    Could you please comment? I'm seeing a target of 66 as triangle breakout.

    Thx

    ReplyDelete

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