Long term prospects for FB looking bearish
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.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.