jefftan
Long

FACEBOOK : MID-WAY FOR FIRST SWING IN THE UPPER BAND

BATS:FB   FACEBOOK INC
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Once the market is structured properly, we see how prices conform and respect the lines. The red lines give me a cross-section of the market to see how price will stagger upwards but within this blue channel.

Price behaves textbook manner and here we can see how market structure embodies greed, fear, news and sentiments.

We can expect price to oscillate in this blue channel for a while so for those who LONG, enjoy the ride!
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