Facebook (FB) Index Analysis
In our last analyzes, we had analyzed the end of waves3 and the end of wave W from the correctional wave4, and the probable cluster of the end of wave4 and were shown by a blue line, which after colliding with this supportive level, began to increase value.
In order to be able to speak with certainty about the completion of the corrective wave4, it is necessary that the price of the initial level be broken with black. In this case, we can watch the increase the value of Facebook’s stocks up to the red part and continue our long positions.
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