Meta - FB - another look at Facebook
Updated
I posted a chart on this stock a little while back suggesting a top was in and it worked out pretty well (red count) but this alternative blue count is starting to catch my attention. Could we be looking at a classic ending diagonal for this stock (and perhaps US equity in general)? I will certainly be keeping a close eye on the reversal of the recent decline and see if it gathers some strength....
Note
Ummmm? Keeping an eye on this. Nice reversal off the 76 fib retracement (log).
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