trianglesource

trianglesource

Range trade higher

trianglesource

more likes on the way

trianglesource

Buy zone around .38 fib retracement and below 50 RSI

trianglesource

If 1/16 was the high then the long pattern is for a retrace to the .38 fib ~$51.65 around the end of Jan.

trianglesource

Facebook bump and run reversal?

trianglesource

Wouldn't be surprised to see price fall back to the lower trend line before the dip buyers turn it back up. Demand levels (green)

trianglesource

Thoughts of how a large "pool" of buyers in demand zone could form a rounded bottom and the stages involved.

trianglesource

Second wedge touches lower half of steep channel.

trianglesource

A dip into the triangle to complete the channel bottom might be a good place to slip into a long swing. ... but I think price wants to visit the 88.85 supply before the shake out.

trianglesource

Possibly setting up for a launch in early Jan. and reaching next plateau peak above 61?

trianglesource

General pattern of drop(sharp), base, rise ... From here, if pattern repeats, look for retest of high, some sort of shakeout drop into base area then get long for next extended move.