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Night_Trader
Mar 30, 2013 1:16 PM

Third attempt to reverse higher. Long

Meta Platforms, Inc.NASDAQ

Description

Third attempt to reverse. The last one on high volume at the channel support. We should be able to get at least a second leg up. R/R = 2:1 with target at the upper channel line a bit above AB=CD

Update Apr. 4th: I will take profits now (a bit earlier) at the upper channel line (white) !
Comments
pascal.hamel.779
Are we in for a new leg higher ?
Night_Trader
I would be very cautious as long as we are within the downward channel
Token99
Perhaps FB will hit 28 - 29 $ next week.
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