FB Weekly Chart Elliott Wave Analysis with price targets
Comments
cyberluck
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Did we just hit a mega wave 2 that dipped the stock to 173 after hrs?
I don't like companies using the technicals against us, they pumped FB stock after the last dip which they pinned on the data breach and now they are using the fact that the stock would drop anyways to do their earnings call....I say that's market manipulation as they always do these knowing the price will dip at the same time that Elliott waves are dipping...which is chicken which is the egg as just like with BTC, it seems that the news only justifies the moves and doesn't make them...the sell off was happening earlier than the earnings call so either people got tipped off OR they knew the elliott wave will dip. Anyone has any thoughts on this? I lost 1k today technically just on FB....pretty much 90% of my gain...holding but this is exhausting to have people pump and dump constantly...the stock market is set up for the rich who have thousands of shares and can hold, do puts and asks, sell fractions and make money no matter what :(, this nonsense of holding long term when things are this rigged only gets you so far.
cyberluck
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@cyberluck, OR are we going into an internal ABC correction and we just did B wave?
I don't like companies using the technicals against us, they pumped FB stock after the last dip which they pinned on the data breach and now they are using the fact that the stock would drop anyways to do their earnings call....I say that's market manipulation as they always do these knowing the price will dip at the same time that Elliott waves are dipping...which is chicken which is the egg as just like with BTC, it seems that the news only justifies the moves and doesn't make them...the sell off was happening earlier than the earnings call so either people got tipped off OR they knew the elliott wave will dip. Anyone has any thoughts on this? I lost 1k today technically just on FB....pretty much 90% of my gain...holding but this is exhausting to have people pump and dump constantly...the stock market is set up for the rich who have thousands of shares and can hold, do puts and asks, sell fractions and make money no matter what :(, this nonsense of holding long term when things are this rigged only gets you so far.