A number of factors are pointing to a long term bearish outlook for FB, namely Gann angles and moon phases. The market top corresponds with the July 26th full moon phase, indicating that a steep reversal is unfolding for the next 4 new moon cycles.
An Elliot wave analysis, also shown, indicates that the motive wave 4 has just completed, leading to a corrective wave 5 downwards.
Recall that millionaires don't use astrology, billionaire's do.
An Elliot wave analysis, also shown, indicates that the motive wave 4 has just completed, leading to a corrective wave 5 downwards.
Recall that millionaires don't use astrology, billionaire's do.