FB - Get ready to buy next pullback! Updated 1 hour chart
Today's update on Facebook (FB) - 1- hour chart.
It looks like the pullback as shown on the previous published chart is working out nicely.
As we get more information from the chart pattern, we can "fine tune" our targets more.
We have identified a possible Shark Pattern (shown in pink)
We have identified an C=A pattern (244.07)
We have identified a Pesky gap! that is still not filled.
We have identified an 127.2% extension down from wave A (pink) target.
Grouping the targets, we can look towards the 245-251 target range to BUY FB.
We need to be patient and continue looking for the deeper pullback to load up.
The green zone is the buy zone.
Other targets within the green zone are other mathematical calculations for possible targets.
Again, we recommend staying patient.
We need to see some "fear" thrown at this stock and let other traders "throw it away".
Then we can load up on the stock!
It looks like the pullback as shown on the previous published chart is working out nicely.
As we get more information from the chart pattern, we can "fine tune" our targets more.
We have identified a possible Shark Pattern (shown in pink)
We have identified an C=A pattern (244.07)
We have identified a Pesky gap! that is still not filled.
We have identified an 127.2% extension down from wave A (pink) target.
Grouping the targets, we can look towards the 245-251 target range to BUY FB.
We need to be patient and continue looking for the deeper pullback to load up.
The green zone is the buy zone.
Other targets within the green zone are other mathematical calculations for possible targets.
Again, we recommend staying patient.
We need to see some "fear" thrown at this stock and let other traders "throw it away".
Then we can load up on the stock!