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Sell Facebook - Elliott Wave - Bear Pennant - Low Risk/Reward
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Sell Facebook - Elliott Wave - Bear Pennant - Low Risk/Reward
By max_andronichuk
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May 20, 2014
3
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May 20, 2014
Elliott Wave analysis suggests we are in a correction on Facebook, which should take us quite a bit lower before the rally continues.
A bear pennant pattern seems to be developing, with an Elliott wave interpretation there is a low risk/reward trade setup.
Let me know what you think..
Bearish Patterns
Elliott Wave
Elliott Wave
facebook
LOW
pennystocks
risk
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