Long term forecast on Facebook $FB

2014년 6월 14일

Could Facebook stock drop to $50??? It might be too early to tell, but if price action doesn't make a new swing high above C leg, then this pattern may have high probably of completing. Bearish divergence on the RSI extending from July 13'. A GrandSuper Cycle wave 3 confirming the down trend which peaked at price $72.73. FB is now showing signs of a bullish gartley reversal if price gets down to 50 bucks. Our Potentinal reversal kill zone is at price $51.21 measured from C to B leg at the 1.27 fib extension, expanding to price $49.95 measured from X to A 78.6 fib retracement.

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