ClassicChartist
Short

$FB is poised to decline!

NASDAQ:FB   FACEBOOK INC
If my wave count is correct, then $FB should start another phase of decline.

Comments

The symetrical triangle is in the B wave which seems sound. The down ward retracement seems to have taken the shape of a zig zag (or is it a wave one down as i dont see it very clearly). The the upward move seems to have almost completely reversed the retracement. and at present looks like a 1, 2 , 3 or A, B, C. The move is not clear any more. Some seems to say there is a cup with handle forming.
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