A traders view of Facebook
. Note: The current wave has a very impulsive structure irrespective of the 5 wave down from wave 5 to form A. The only reason to be sure it is a wave B up is because of the symetical triangle formation in the B wave. I had lost enough shorting this stock and wave B is a sucker by its unanticipatable projection. If your long, stay long till the formation breaks below 72.50 prior high resistance levels. I'd change this from a wave B to a wave 5 if it crosses 79.29 and by that point it should hit its fib level of $84+ untill then, my thought is it is a wave B. PLEASE COMMENT.