Friday, February 22, 2013
Facebook is close to a bottom
Is close to ending wave 4 and we should soon see the final wave 5 rally higher. I still think we will see wave 4 down to 25.60, but be awave, that we are at strong support and we now have a five wave decline since the high at 31.99. If at any time we see a break above 28.94 wave v of c of 4 is in place and wave 5 is under way.