jefftan
Long

FACEBOOK :FACE LIFT INTO IN THE UPPER BAND

BATS:FB   FACEBOOK INC
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Price broke wl-2 as it begins renewed its previous association with the Upper Band and moved back to familiar territory.

Price will possibly remain trapped in this Upper Band for a while..weeks or months until we see signs of breaking away from the Upper Band.

Now price will head toward wl-3. It may ziggedy zag in the Upper Band and touch the ML but frequency has indeed shifted and direction is a major up.

You can really see the beauty of how markets can be structured and captured within a price frequency band.

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