WaveTrack International

Elliott Wave Financial Price Forecasting

Facebook is set to resume it’s decline

The advance from the Sep.’12 low to the March ’14 high of 72.59 unfolded into a five wave expanding-impulse pattern labelled 1-2-3-4-5 in primary degree. Extending the net advance between primary waves 1 to 4 (17.55-51.85) by a fib. 61.8% ratio we can project the high for wave 5. The actual recorded high of 72.59 […]Continue reading «Facebook is set to resume it’s decline»

Facebook

Facebook is maintaining the upside momentum. The advance that began from the Sep.’12 low of 17.55 is expected to unfold into a five wave expanding-impulse pattern labelled 1-2-3-4-5 in primary degree. Ultimate upside target is extended towards 66.58 and is derived by using a fib. 61.8% correlation ratio between the net advance of primary waves […]Continue reading «Facebook»

Facebook

Facebook’s price development is displaying a concise Elliott Wave patterning whilst adhering to geometric ratio and proportion measurements. The focus of this chart is to emphasise the close convergences of various fib-price-ratio measurements at precisely the same price levels – also, the strong price rejection that followed. These were derived by using three different measurements: […]Continue reading «Facebook»

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WaveTrack International is a financial price forecasting company dedicated to the Elliott Wave principle and work of the R.N. Elliott. Clients include Investment Banks, Pension Funds, Total/Absolute-Return/Hedge Funds, Sovereign Wealth Funds, Corporate and Market-Making/Trading institutions and informed individuals -- & just about anyone who is affected by directional price change.

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