A Little more than a year ago, when Facebook was at 21.00 I made this post: http://theelliottwavesufer.blogspot.dk/2012/08/facebook-monthely-close-basis-facebook.html
I have now updated the chart dating back from April 2008. It's a monthly chart showing the opening Price of every month. On this chart we have broken above the IPO Price at 36.00, but not yet broken above the top at 42.72 (intra day high at 45.00). I expect we will spike the old high for a move closer to 46.90 before a correction towards 42.00 and maybe even down to 37.75 before the next rally higher towards 59.66 as the target for this red wave 3.
No comments:
Post a Comment