justatrader
Long

Facebook - Possible Long Trade forming

BATS:FB   FACEBOOK INC
570 5 0
The chart is prepared using Wolfe Waves and Fibs for entry/exit. We see a possible rally being formed from the current levels. The confluence of 0.5 and 0.618 marks our entry with stops just a few points below in the Wolfe Wave's 'Sweet spot'

Price likely to go all the way to $32 region.

The three intermediary Fibs are immediate take profit levels. Expect to see some bounce in price at these levels, with the final target, projected at 1.618, which also co-incides with the Wolfe wave projections.
Bravo... That felt good!!!
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Earnings season is here... hopefully this month should see some movement.
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Yep.. hoping to bank some sweet profits with this trade!!! Another interesting one is AAPL, likely to reach $500.
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I'm with you on this one
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I'm with you
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