Facebook has completed a well-formed right triangle pattern.
(Click on image to enlarge)
My view is that it’s ultimately going to tag its trendline, about $40 lower than we’re at today.
(Click on image to enlarge)
Triangle Diplomacy
Facebook has completed a well-formed right triangle pattern.
Disclaimer:
This is not meant to be a recommendation to buy or to sell securities nor an offer to buy or sell securities. Before selling or buying any stock or other investment you should consult with a qualified broker or other financial professional. The author has no business relationship with any company whose stock is mentioned in this article nor is receiving compensation from any of the companies mentioned.
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