Potential Facebook Correction

21 mar 2018

Looks like Facebook, FB, is in a zigzag ABC, recognizable by the 5-3-5 subwave division. Following common fib retracement levels, this is one possible outcome for the remainder of the correction. Wave three targets $139, which is roughly equal to a 1.618 fib extension of wave A.


Initial target: $139.74
Final target: $132.80