Facebook - FB - Daily - Technical Pattern Suggests Big Retest

It must look like I am picking on FB and praying for a decline, but I really am being objective and seeing a pattern I rarely see and remember vividly from several patterns from the past in various markets.

This last rally in FB has defied all logic and probably has created the optimism necessary for a long term top to be put in place. For nothing terribly bad has to happen to FB for it to go down, rather there just has to be sellers at the margin. Stocks can and do go down on light volume, for the sole purpose that people don't want to sell at the lower prices and they hope for a rebound so the volume stays light during a long decline. So, I am suggesting that if FB can drift under $62.60, then it will be under the recent trendline AND it will have violated the last little area of buyer who were picking up shares for about 9 days between 63-64 recently.

This double-terminal pattern is similar to the 1987-pre-crash setup, which I will reference with a link below.

Target: 56-52 area initially.
Risk: 67-68 area.
64.50 last +0.21 today
Friday, June 13, 2014 Market Closed 4:26PM EST