From there, pullback to $258.05 ended wave 4 and wave 5 ended at $268.33 as an . The 5 waves move from September 21 low ended wave (1) in higher degree. Wave (2) is now about to end as a structure. Wave A of (2) ended at $258.80 and wave B of (2) ended at $265.59. Stock has now reached the minimum target to end wave C of (2) at the blue box area of $250.2 – $256.1.
Expect Facebook soon to find buyers from the blue box area for more upside or 3 waves bounce at least. As far as at $245.41 low remains intact, stock should see further upside.